December 28, 2012
Energy Transfer Partners (NYSE: ETP ) is a midstream master limited partnership led by CEO Kelcy Warren. The partnership controls about 69,000 miles of pipeline across the country, though the majority of its assets are concentrated in Texas. It was once strictly a natural gas midstream company, but after its acquisition of Sunoco closed this year, ETP opened itself up to the world of crude oil, natural gas liquids, and refined products. In this video, energy analyst Aimee Duffy takes a closer look at what makes ETP tick, and what investors should expect from it in the future.
The surge in oil and natural gas production from hydraulic fracturing and horizontal drilling is creating massive bottlenecks in takeaway capacity. However, this problem for producers creates a massive and immensely profitable opportunity for midstream companies. Energy Transfer Partners helps alleviate the gluts in supply with 23,500 miles of transformational pipelines. To see if ETP and its industry-leading yield will be a fit for you, click on this detailed premium report, which will supply you with a thorough analysis of this attractive midstream.