ET Stock Outperforms its Industry in a Month: Time to Buy or Hold?

Units of Energy Transfer LP (ET) have rallied 6% in the last month compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 3.4%. The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve the growing power loads from new demand centers across its network.The firm is also a top exporter of liquefied petroleum gas and is working to expand natural gas liquids (NGL) export facilities to cater to the rising demand f ...