NYSE:ETOil and Gas
Is It Time To Reconsider Energy Transfer (ET) After Strong Multi Year Returns?
If you have been wondering whether Energy Transfer is still good value at around US$16.52 a unit, you are not alone. Many income focused investors are asking the same question.
The unit price has been relatively steady in the short term, with a 0.2% move over 7 days and a 1.7% decline over 30 days. The longer term picture includes a 0.4% decline year to date, a 9.8% decline over 1 year, a 69.2% return over 3 years and a 239.6% return over 5 years.
Recent moves in Energy Transfer units come...