Key Points Energy Transfer's "toll road" pipelines generate stable profits. Its distributable cash flow can easily cover its distributions. Its low valuation and high yield should limit its downside potential. 10 stocks we like better than Energy Transfer › Energy Transfer (NYSE: ET), one of the leading midstream companies in America, hasn't been an exciting investment over the past 12 months. Its stock rose less than 3% as the S&P 500 advanced nearly 15%. With reinvested distributions, it deliver ...