No Distribution Growth, but ETP Still a Solid Investment

By Joel South and Taylor Muckerman – Jan 29, 2013 at 9:44PM

NYSE: ETP

Energy Transfer Partners, L.P.

Energy Transfer Partners' distribution growth hasn't increased since 2008, but management has plans to change that in the future.

Energy Transfer Partners (ETP) announced its cash distributions for the fourth quarter of 2012, leaving the distribution unchanged for the 19th consecutive quarter. Although distribution growth is one of focal points for investors, Energy Transfer Partners is in a great position, securing more long-term fixed-fee contracts in addition to a 40% ownership of Sunoco Logistics Partners (NYSE: SXL) and Southern Union. With an increasing credit rating and growing cash flows, investors shouldn't worry about this quarters distribution. Check out the following video for more information on Energy Transfer Partners and the enormous potential ahead.

Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of Sunoco Logistics Partners. The Motley Fool recommends Enterprise Products Partners and Kinder Morgan and owns shares of Kinder Morgan. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.