Is Energy Transfer Stock a Buy?
Energy Transfer (NYSE: ET) stock is surely the worst-hit stock among its top MLP peers. Since October 2018 -- when Energy Transfer Equity and Energy Transfer Partners were merged to form the current entity -- the stock has fallen roughly 63%. In comparison, top MLP peers Enterprise Products Partners (NYSE: EPD) and Magellan Midstream Partners (NYSE: MMP) have fared better, though these too couldn't escape the impacts of broader energy market challenges. Energy Transfer stock is trading at a very attractive price currently. Is the market overlooking an opportunity?.
Source Fool.com