Jim Cramer on Energy Transfer (ET): “Buy, Buy, Buy”
Jim Cramer recommended buying Energy Transfer LP (ET) despite its upcoming stock exchange relocation. The company reported strong Q2 earnings and raised its full-year EBITDA guidance. ET operates extensive pipelines with fee-based cash flows, but carries significant debt and capital expenditures. Hedge fund ownership and short interest are noted.
How this was made
The 30-second read
Why it matters
The segment provides a fresh analyst endorsement but no new corporate data.
Market read
A high‑profile buy call may generate short‑term buying pressure, though no new fundamentals were disclosed.
What to watch
Potential regulatory scrutiny and debt servicing risks are not addressed in the endorsement.
Background
Cramer’s Mad Money segment featured a caller’s question about ET’s upcoming exchange move and the host’s bullish commentary.
Ticker impact
Jim Cramer recommends "buy, buy, buy" ET and notes management raised full‑year adjusted EBITDA guidance.
Potential modest upside in intraday trading.
Cramer’s bullish call combined with guidance raise could attract retail buying.
Market effects
Energy infrastructure sector may see slight uplift from positive coverage.
U.S. energy transport stocks could benefit modestly.
Limited to U.S. markets.
Counterpoint
Investors may question the sustainability of EBITDA growth given high debt levels.
Key entities
- CompanyEnergy Transfer LP
U.S. energy pipeline operator (ticker ET).
- AnalystJim Cramer
Host of Mad Money, providing a buy recommendation.
