Can This 6.3% Yield Survive if Oil Crashes Again?

If you are looking to add some yield to your portfolio, Energy Transfer's (NYSE:ET) 6.3% distribution yield will likely be attractive to you. The one caveat is that it operates in the energy sector, and the last time the sector was in a downturn, Energy Transfer cut its distribution in half. Can this high-yield master limited partnership's (MLP) distribution survive the next energy downturn?The energy sector has been upended by the geopolitical conflict in the Middle East. With reduced supply, commodity prices have risen. In fact, some of the world's largest energy companies have warned that oil and natural gas prices don't fully reflect the situation. In other words, companies like ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) think oil prices could rise even further.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool