ET Stock Underperforms its Industry in 3 Months: How to Play?

Units of Energy Transfer LP (ET) have gained 2.3% in the past three months compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 5.6%. In the same time period, the S&P 500 has dropped 4.9% and Zacks Oil and Energy sector gained 5.7%.The oil and gas midstream firm owns a wide network of pipelines across the United States and is pursuing opportunities to serve the growing power loads from new demand centers across its network. The firm is also a top exporter of liquefied petrole ...