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ET Stock Trades Above 50-Day SMA: Is it Time to Add to Your Portfolio?
ZACKSยท 2025-08-22 17:55
Key Takeaways Energy Transfer trades above its 50-day SMA, signaling a bullish trend for the stock.The firm invests billions in expanding its 140,000-mile pipeline and storage network.Nearly 90% of ET's earnings come from fee-based contracts, ensuring stable cash flows.Energy Transfer LP (ET) is trading above its 50-day simple moving average (SMA), signaling a bullish trend. The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve growin ...