ET Stock Trading at a Discount to Industry at 8.96X: How to Play?
Key Takeaways ET units trade at an 8.96X EV/EBITDA, below the industry's 10.47X average.ET is expanding pipelines, export facilities and LNG via partnerships and investments.ET's revenues are nearly 90% fee-based, reducing commodity price risk and stabilizing earnings.Energy Transfer LP’s (ET) units are somewhat inexpensive relative to its Zacks Oil and Gas Production Pipeline – MLB industry. ET’s current trailing 12-month Enterprise Value/Earnings before Interest Tax Depreciation and Amortization (EV/EBITD ...