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Is Energy Transfer Undervalued or a Value Trap?

Energy Transfer TodayETEnergy Transfer17.23+0.34 (+2.0117.23 +0.34 (+2.01%) 52-Week Range14.60▼21.45DividendYield7.6021.45Dividend Yield7.60%P/E Ratio13.46Price Target22.09Add to WatchlistEnergy Transfer LP NYSE: ET delivered an as-expected earnings report on May 6. The midstream energy company delivered earnings per share of 36 cents on revenue of 21.02billion.Thebottomlinenumbercameinthreecentsabove analystsforecastsandwas12.521.02 billion. The bottom line number came in three cents above analysts’ forecasts and was 12.5% higher year-over-year (YOY). On the top line, however, the number was lighter than the 22.28 bi ...