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Energy Transfer's Recent $1.45 Billion Deal Won't Be its Last

Energy Transfer's Recent $1.45 Billion Deal Won't Be its Last

Energy Transfer (NYSE: ET) is an active acquirer. It recently bought Lotus Midstream for $1.45 billion. That follows two smaller bolt-on acquisitions last year (Woodford Express and Spindletop) and a more sizable deal in 2021 (Enable Midstream).