4 Best Value Stocks to Buy According to David Abrams

3. Energy Transfer LP (NYSE:ET)

Abrams Capital Management’s Stake Value: $222.4 million
P/E Ratio: 9.52

Energy Transfer LP (NYSE:ET) is an American energy company, based in Texas. As of the close of Q1 2023, Abrams Capital Management had over 17.8 million shares in the company worth roughly $222.4 million. The company made up 7.03% of David Abrams’ portfolio.

Energy Transfer LP (NYSE:ET) is also a dividend stock that has raised its dividends consistently for the past five years. The company offers a quarterly dividend of $0.3075 per share and has a dividend yield of 9.61%, as of May 22.

As per Insider Monkey’s database, 35 hedge funds reported having stakes in Energy Transfer LP (NYSE:ET) in Q1 2023. These stakes have a collective value of over $591.2 million.