Energy Transfer: Buy the Oversold Dip Backed by Real Cash Flow and AI-Driven Demand
Energy Transfer (ET) looks oversold today at $20.22 with RSI in the low 30s and heavy volume. The company generates meaningful free cash flow ($5.22B), trades at an EV/EBITDA of ~8x and yields roughly 6.6%. Combine that with a $5.9B project backlog tied to AI data-center gas demand and you’ve got a high-probability, mid-term trade: enter on the dip…