Jan. 28 at 3:08 PM
$ET
Actually, my comment wasn’t that far off. This was taken from the Zacks article recently posted:
ET has raised its quarterly distribution 16 times in last five years, signaling strong financial health.
The firm emphasizes capital discipline, balance sheet strength and sustainable distribution coverage.
ET trades at 9.15X EV/EBITDA, below the industry average of 10.76X, suggesting relative undervaluation.
Current yield: 7.4%
Yes, thank you.