It really is not what anyone else favors. ----The question for you is what are your goals and your needs?
Current growth of income---ETP
Current growth of capital---ETE
ETP is paying a higher current income percentage but it is not increasing as much as ETE. ($0.02 per quarter)
ETE is paying a lower current income percentage but it is increasing more that ETP ($0.035 per quarter)
The yield on ETE currently is 2.72% The yield on ETP is 7.15%
So it really boils down to what do you want and need? It would be nice to have everything --but the world doesn't work that way.
Obviously, you haven't researched other MLP's or you wouldn't say that. Try having some patience. ETP is one of the best. Strong company. Even great stocks don't go straight up.
JPEP announced an acquisition today that will increase its earnings and thereby its dividend payout potential.
Still a long ways from $20...not quite the $11 when I first posted, but in the $13's the train is still at the station.
Check it out.
Sentiment: Strong Buy
O collective wisdom - which stock do you favor and who? ETP - ETE - RGP
I happen to have positions in all three although I am pretty heavy in TEP - not too sure I should be, however the div is nice...
ETE is the one to own. goldman sachs has it as a "conviction buy" and a $86 price target.
ETE will not cut any slack - that is why ETE goes up and ETP languishes.
Evidently the CFO isn't worried about this with his own money. I have a lot of money in this too. I bet it isn't a concern.