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ETE and WMB: Midstream Giants’ Earnings Growth

Vincent Kruger
ETE and WMB: Midstream Giants’ Earnings Growth

Energy Transfer Equity’s (ETE) subsidiary, Energy Transfer Partners (ETP) has notable exposure to the Permian region—the most prolific basin in the country. Energy Transfer Partners also has several expansion projects ongoing in the region. The region continues to experience strong drilling activity. Energy Transfer Equity witnessed 29% EBITDA growth during the first half of 2018—compared to the same period last year.