ET Stock Outperforms its Industry in Nine Months: How to Play?
Key Takeaways ET units rose 12.2% in 9 months, beating the industry's 4.8% growth and signaling bullish momentum. ET benefits from long-term, fee-based contracts and growing demand from utilities and data centers. New U.S. export rules may disrupt ethane shipments to China, impacting ET's revenues and operations.Units of Energy Transfer LP (ET) have rallied 12.2% in the past nine months compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 4.8%. The oil and gas midstream com ...