Energy Transfer offers two separate publicly-traded securities on the New York Stock Exchange (NYSE):
- Energy Transfer Partners, L.P. (ETP) - a Master Limited Partnership; and
- Energy Transfer Equity, L.P.‘s (ETE) - a "GP" Master Limited Partnership
Both offer a distinct opportunity for investors to participate in the attractive growth of the energy sector. ETP offers greater distribution income but less accelerated growth; ETE offers less distribution income but faster growth.
ENERGY TRANSFER PARTNERS, L.P. (NYSE: ETP)
Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and
operating a diversified portfolio of energy assets. ETP's natural gas operations include
intrastate natural gas gathering and transportation pipelines, natural gas treating and
processing assets located in Texas, Louisiana, Utah and Colorado and three natural gas
storage facilities located in Texas. These assets include approximately 14,000 miles of
intrastate pipeline in service, with approximately 500 miles of intrastate pipeline under
construction, and 2,400 miles of interstate pipeline. ETP is also one of the three largest
retail marketers of propane in the U.S., serving more than one million customers across
the country.
ENERGY TRANSFER EQUITY, L.P. (NYSE: ETE)
Energy Transfer Equity, L.P. (NYSE:ETE) owns the general partner of Energy Transfer Partners
and approximately 62.5 million ETP limited partners units. Together ETP and ETE have a combined
enterprise value of approximately $20 billion.
Both securities (ETP and ETE) are publicly traded partnerships in the energy sector and are each committed to building value and growth for their respective unitholders.
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