|Bid||23.45 x 1200|
|Ask||23.69 x 1000|
|Day's range||23.40 - 23.53|
|52-week range||23.40 - 23.53|
|Beta (5Y monthly)||1.92|
|PE ratio (TTM)||21.83|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Russia's invasion of Ukraine has made energy security a priority for a growing number of countries. The energy industry needs to build more pipeline capacity to transport natural gas to new liquefaction and export terminals. Two leaders in developing natural gas infrastructure are Energy Transfer (NYSE: ET) and Kinder Morgan (NYSE: KMI).
Energy Transfer (NYSE: ET) has a long history of developing infrastructure projects to support growing energy demand. The company has built thousands of miles of pipelines, multiple oil and gas processing facilities, and several storage and export terminals over the years. The master limited partnership (MLP) currently expects to invest upwards of $2.1 billion this year in expanding its energy infrastructure network.