Energy Transfer operates in the most reliable segment of the energy sector, but how boring is this high yielder?

The big draw with Energy Transfer ( ET -0.71% ) is likely to be the master limited partnership's (MLP's) huge 7.4% distribution yield. That's completely reasonable, noting that the S&P 500 index ( ^GSPC 0.03% ) has a miserly yield of just 1.2% and the average energy stock's yield is just 3.3%. Before you jump aboard what looks like a boring stock, you'll want to know a little of the history backing that yield.

Energy Transfer is a toll taker

The broader energy sector is known for being volatile because of the inherent volatility of oil and natural gas prices. These two commodities have a bad habit of moving both dramatically and quickly based on supply/deman

See Full Page