Is Energy Transfer (ET) Still Attractive After Strong Five Year Share Price Performance
- If you are looking at Energy Transfer and wondering whether the current price reflects its real worth, you are not alone.
- The stock last closed at US$18.80, with returns of 1.0% over 7 days, 4.5% over 30 days, 13.3% year to date, 7.3% over 1 year and a very large increase over 5 years.
- Recent headlines around Energy Transfer have focused on the broader midstream energy space and ongoing interest in large pipeline and storage assets. This backdrop helps frame how investors may be thinking about the balance of income, growth potential and risk for the stock.
- Right now, Energy Transfer has a valuation score of 4 out of 6. Next, we will walk through what that means across different valuation methods, before finishing with a way to think…
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