After successfully initiating and closing a couple of key acquisitions and bringing a few projects online during 2012, Energy Transfer Equity (ETE 0.71%) and its midstream family are excited about opportunities that 2013 holds. Immediately out of the gate, Energy Transfer Partners (ETP +0.00%) announced a joint venture with Enbridge (ENB 0.57%) 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.
Growth Plans Continue for This Midstream Family
By Taylor Muckerman – Feb 21, 2013 at 4:00PM
NYSE: ETP
Energy Transfer Partners
The ETE family isn't done with growth initiatives just yet.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.