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Energy Transfer: Massive Distribution Yield And Discount (NYSE:ET)

Group 1 - The previous bullish thesis on Energy Transfer LP (NYSE: ET) has not performed well, with a total return of -1.6% since May 28, underperforming the broader equity market [1] - Despite the underperformance, there remains a bullish outlook on Energy Transfer LP [1] Group 2 - The author has a beneficial long position in the shares of Energy Transfer LP, indicating confidence in the stock's future performance [2]