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Energy Transfer Partners, L.P. Message Board

  • joebo246 joebo246 Sep 10, 2012 8:11 PM Flag

    ETP will not cut distribution, here is why

    ETE recently forgave for 2 years some 200 million in incentive distributions from ETP. As Liza recently pointed out ETE and ETP are really one company, and REMEMBER ETE main source of income is the distribution on the ETP units that ETE holds. ETE will do everything possible to keep ETP healthy enough to pay the current distribution because a cut in the ETP distribution would be devastating to ETE. Hopefully once the SUNOCO deal is done and underperforming assest are sold, then maybe ETP can grow.... in the mean time 8.5 is a good yield....

    Sentiment: Buy

 
ETP
57.99-0.41(-0.70%)Jul 30 4:05 PMEDT

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