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Leon Cooperman is still heavily invested in energy stocks and has a new MLP pick


Published on 2025-05-20 22:21:06 - CNBC
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  • The billionaire investor took a small stake worth $16.5 million in Sunoco LP last quarter, according to a new regulatory filing.

In an interview with CNBC on May 16, 2025, billionaire investor Leon Cooperman expressed his continued strong belief in energy stocks, maintaining a significant portion of his portfolio in this sector. Cooperman highlighted his new investment in a master limited partnership (MLP), specifically mentioning Energy Transfer LP (ET), citing its attractive yield and stable cash flows as key reasons for his interest. He also discussed the broader market, expressing cautious optimism but warning of potential economic headwinds that could impact investor sentiment in the near future.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/05/16/cooperman-still-heavily-in-energy-stocks-and-has-a-new-mlp-pick.html ]