After successfully initiating and closing a couple of key acquisitions and bringing a few projects online during 2012, Energy Transfer Equity (NYSE:ET) and its midstream family are excited about opportunities that 2013 holds. Immediately out of the gate, Energy Transfer Partners (NYSE:ETP) announced a joint venture with Enbridge (NYSE:ENB) to shuttle crude oil from Patoka, Ill., out to eastern Gulf Coast refiners that are clamoring for more of the lower-cost, midcontinent crude to pad margins. Combine these with the attempt at LNG exportation, and the ETE family could be a great story to follow and possibly invest in.
Follow @t_Muckerman Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.
- Feb 21, 2013 at 4:00PM
- Energy, Materials, and Utilities