ET Stock Outperforms Its Industry in a Year: How to Play?

Key Takeaways Energy Transfer units gained 7.9% in a year while its industry slipped 0.8%.ET secures 90% of revenues from fee-based contracts, ensuring stable cash flow.ET trades at 9.29X EV/EBITDA, below the industry average of 10.65X, signaling value.Units of Energy Transfer LP (ET) have rallied 7.9% in the past year against the Zacks Oil and Gas - Production Pipeline - MLB industry’s decline of 0.8%. Energy Transfer, the oil and gas midstream firm, owns a wide network of pipelines across the United State ...