10 Best Affordable Stocks Under $30

6. Energy Transfer LP (NYSE:ET)

Stock Price: $17.07

Forward P/E: 12.68

Number of Hedge Fund Holders: 35

Energy Transfer LP (NYSE:ET) is one of the best affordable stocks under $30. On January 12, Barclays cut the price target on Energy Transfer LP (NYSE:ET) to $22 from $25 and maintained an Overweight rating on the shares, stating that although concerns associated with the upcoming re-contracting events across key assets on the company’s footprint exist, the partnership  “continues to demonstrate commercial discipline and ingenuity, supporting a constructive forward outlook.”

The rating update came after Energy Transfer LP (NYSE:ET) announced on January 6 its outlook for capital investment and earnings estimates for full-year 2026. The company aims to invest $5.0 billion to $5.5 billion in growth capital, primarily on projects boosting its natural gas network. It also expects continued growth in 2026, with the goal of generating a consolidated Adjusted EBITDA in the range of $17.3 billion and $17.7 billion, including SUN and USAC.

Energy Transfer LP (NYSE:ET) further stated that it expects key new projects to either ramp up or come on-line in 2026, which includes Mustang Draw I and Mustang Draw II processing plants in the Permian Basin, Nederland Flexport NGL expansion, NGL projects on the Lone Star Express and Gateway Pipelines, Hugh Brinson Pipeline Phase I, and natural gas pipeline projects serving data center facilities in Texas.

Energy Transfer LP (NYSE:ET) offers natural gas pipeline transmission and transportation services. The company operates through the following segments: Intrastate Transportation and Storage, Interstate Transportation and Storage, Midstream, NGL and Refined Products Transportation and Services, Crude Oil Transportation and Services, Investment in Sunoco LP, Investment in USAC, and All Other.