Seeking Alpha

All Energy Transfer (ETP) really wants from Sunoco (SUN) is its pipeline system and access to...

All Energy Transfer (ETP) really wants from Sunoco (SUN) is its pipeline system and access to the lucrative Marcellus and Utica shales, which means more deals could be ahead. ETP appears to want no part of Sunoco's 4,900 retail outlets or its refining business, so SUN is continuing its plans for exiting the business, as well as talks with Carlyle about a potential JV.
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Comments (1)
  • Poor Texan
    , contributor
    Comments (3533) | Send Message
     
    That makes sense. Add-on capacity without entering unrelated areas. Long ETE.
    30 Apr 2012, 10:23 PM Reply Like
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