Energy Transfer: A Compelling Value Play
One of the more interesting midstream firms on the market today is Energy Transfer (ET). Its hefty yield of 18.4% as of this writing makes the payout prospects incredibly appealing. Certain risks exist, particularly centered around its ownership over the Dakota Access Pipeline, but in the grand scheme of things, the business should be compelling for investors who want a fairly stable cash cow that’s trading at a good price. This is true even after the firm posting a rather painful quarter.
A to…
