ET Stock Outperforms its Industry in 12 Months: How to Play
Units of Energy Transfer LP (ET) have rallied 31.9% in the past 12 months compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 24.6%. The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve growing power loads from new demand centers across its network.The firm is also a top exporter of liquefied petroleum gas and is working to expand natural gas liquids (NGL) export facilities to cater to the rising dema ...