justbill

Energy Transfer Partners Looks Increasingly Interesting

I live in the middle of the Barnett Shale where ETP is building the mother of all compressor stations. I saw the sign on the fence at the start and began research in 2006 and eventually bought in low $40 range, saw it rise, then fall, bought little more at $50 and plan to hold, liking the yield/distribution. What's not to like? Debt. Main positive IMHO is a hunch that ETP has capability to hike what they charge gradually and nobody except maybe government can stop them. BTW, I pay them a cut of my royalty-I'm just buying into a supplier, sort of. Anyway, hard to find a much better place for new investment.