Energy Transfer reported a significant increase in adjusted EBITDA and distributable cash flow. Check out why I rate ET stock ...

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U.S. pipeline operator Energy Transfer on Monday entered into a long-term natural gas supply agreement with private, Denver-based company CloudBurst Data Centers for its development in Central Texas.

Pipeline operator Energy Transfer LP will provide natural gas directly to CloudBurst Data Centers, Inc. as companies prepare for an expected boom in power demand from artificial intelligence.

The agreement follows recent deals signed by oil and gas majors in recent months to provide natural gas directly to data centers.