Last €43.42 EUR
Change Today -0.21 / -0.48%
Volume 0.0
4ETA On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:08 AM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

energy transfer partners lp (4ETA) Snapshot

Open
€43.56
Previous Close
€43.63
Day High
€43.56
Day Low
€43.42
52 Week High
07/25/14 - €43.75
52 Week Low
08/5/13 - €37.09
Market Cap
16.1B
Average Volume 10 Days
2.0
EPS TTM
--
Shares Outstanding
318.5M
EX-Date
07/31/14
P/E TM
--
Dividend
€3.81
Dividend Yield
6.20%
Current Stock Chart for ENERGY TRANSFER PARTNERS LP (4ETA)

energy transfer partners lp (4ETA) Related Businessweek News

No Related Businessweek News Found

energy transfer partners lp (4ETA) Details

Energy Transfer Partners, L.P. is engaged in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company’s Midstream segment gathers, compresses, treats, blends, processes, and markets natural gas in various basins and shales in Texas, New Mexico, West Virginia, and Louisiana. This segment owns and operates approximately 6,700 miles of natural gas gathering pipelines. Its Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, as well as through its ET fuel system and HPL system. This segment has approximately 7,800 miles of natural gas transportation pipelines and 3 natural gas storage facilities in Texas. The company’s Interstate Transportation and Storage segment provides natural gas transportation and storage services; owns and operates approximately 12,800 miles of interstate natural gas pipeline; and has interests various natural gas pipelines. The company’s Natural Gas Liquid (NGL) Transportation and Services segment transports mixed NGLs and other hydrocarbons; stores mixed NGLs, NGL products, and petrochemical products; and separates mixed NGL streams into purity products. This segment owns and operates various NGL pipelines, as well as NGL storage facilities with aggregate storage capacity of approximately 47 million barrels. Its Investment in Sunoco Logistics segment gathers, purchases, markets, and sells crude oil primarily in the mid-continent United States; and owns and operates approximately 2,500 miles of refined products pipelines in the United States. The company’s Retail Marketing segment sells gasoline and middle distillates at retail; and operates convenience stores. Energy Transfer Partners, L.P. was founded in 2002 and is based in Dallas, Texas. Energy Transfer Partners, L.P. operates as a subsidiary of Energy Transfer Equity, L.P.

12,450 Employees
Last Reported Date: 02/27/14
Founded in 2002

energy transfer partners lp (4ETA) Top Compensated Officers

Chairman of the Board of Directors of Energy ...
Total Annual Compensation: $5.8K
President of Energy Transfer Partners llc, Ch...
Total Annual Compensation: $1.9M
Chief Financial Officer of Energy Transfer Pa...
Total Annual Compensation: $961.4K
Senior Vice President of Energy Transfer Part...
Total Annual Compensation: $1.2M
President of Midstream Operations for Energy ...
Total Annual Compensation: $636.3K
Compensation as of Fiscal Year 2013.

energy transfer partners lp (4ETA) Key Developments

Energy Transfer Partners, L.P. Increases Cash Distribution for Second Quarter of 2014, Payable on August 14, 2014

Energy Transfer Partners, L.P. announced that its Board of Directors has approved a $0.02 increase in its quarterly distribution to $0.955 per ETP common unit ($3.82 annualized) for the quarter ended June 30, 2014. The quarterly distribution of $0.955 represents a distribution increase of $0.245 per common unit on an annualized basis, or 6.9%, compared to the second quarter of 2013 and represents an annualized distribution increase of $0.08 per common unit compared to the first quarter of 2014. This marks the fourth consecutive quarter that ETP has raised its distribution. The cash distribution will be paid on August 14, 2014 to unit holders of record as of the close of business on August 4, 2014.

Energy Transfer Partners, L.P. to Build Crude Oil Pipeline from North Dakota to Illinois

Energy Transfer Partners, L.P. (ETP) has announced that it will build a 1,100-mile crude oil pipeline, to transport crude supply from strategic receipt points in the Bakken/Three Forks production area in North Dakota to Patoka, Illinois. The Bakken Pipeline will interconnect with Energy Transfer's existing 30-inch diameter Trunkline Pipeline (Trunkline), which is being converted from natural gas service to crude transportation service. From Patoka, shippers will be able to access multiple markets, including Midwest markets and East Coast markets by rail as well as the Gulf Coast, via Trunkline, to the Nederland, Texas crude oil terminalling facility of Sunoco Logistics Partners L.P. Additionally, Energy Transfer will develop a rail terminal facility in Illinois to access East Coast refineries. ETP has secured multiple long-term binding contractual commitments from shippers sufficient to fully support the construction of a 30-inch pipeline to Patoka. The 30-inch diameter pipeline will initially provide 320,000 barrels per day of capacity, and ETP could increase the capacity of the Bakken Pipeline based on additional customer demand. ETP has already begun the process of ordering steel and negotiating construction contracts for the Bakken Pipeline, and ETP expects to have the Bakken Pipeline built and in service, and the Trunkline crude oil conversion project completed and in service, by the end of 2016. ETP is in discussions with SXL regarding a potentially significant equity participation by SXL. The construction of the Bakken Pipeline project will help further develop the crude rich areas in and around the Bakken and provide additional US crude supplies to US markets and refineries along the East and Gulf Coasts. The pipeline not only supports the continued growth and production on the Bakken area, but does so in a cost effective and environmentally responsible manner by reducing the current utilization of rail and truck transportation as the predominant alternative to moving Bakken crude oil volumes to major US markets.

Energy Transfer Partners, L.P. Announces Pipeline Project Connecting Marcellus and Utica Shale Supplies to Multiple Markets

Energy Transfer Partners, L.P. announced that its Board of Directors has approved building a pipeline to transport natural gas from processing facilities located in the prolific Marcellus and Utica Shale areas to numerous market regions in the United States and Canada. In conjunction with this announcement, ETP is announcing it has signed long-term agreements with multiple shippers and is launching a binding Open Season. The natural gas pipeline is currently sized to transport 2.2 billion cubic feet per day, however, depending on additional shipper commitments, the project likely will be expanded to transport up to 3.25 billion cubic feet per day. ETP has secured capacity commitments from producers who hold significant acreage positions in the Utica and Marcellus Shales and has been in negotiations with numerous other shippers who have expressed a desire to contract for capacity in the Open Season. The three large shippers on the project are American Energy Utica, LLC (AEU), Antero Resources Corporation and Range Resources Corporation. American Energy and Antero Resources both have options to purchase non-operating equity interests in the project. The first approximately 400 miles of the project will enable the flow of gas from processing plants and interconnections in Pennsylvania, West Virginia and Ohio to points of interconnection with Energy Transfer's existing Panhandle Eastern Pipe Line (PEPL) and another Midwest pipeline near Defiance, Ohio. Shippers in the ET Rover project also will be able to transport to Trunkline Zone 1A, delivery points via the interconnection with PEPL, to access existing and new industrial markets and potential liquefaction export markets in the Gulf Coast. Additionally, ETP expects to construct an approximately 195 mile segment from the Defiance area through Michigan and ultimately to the Union Gas Dawn Hub (Dawn) near Sarnia, Canada providing producers with access to diverse markets and end-users in Michigan and Canada with access to Marcellus and Utica supplies. Energy Transfer has received sufficient commitments and Board Approval to build the pipeline to Defiance and anticipates receiving sufficient volumes to justify building to Dawn. ETP's binding Open Season for shippers to secure capacity on the ETP pipeline will begin on June 27, 2014 at 9:00 AM CDT. Pending the results of the Open Season and all necessary regulatory approvals, Energy Transfer plans to have initial service to the Midwest Hub located near Defiance, Ohio and Gulf Coast markets by the fourth quarter of 2016, and the remaining service to markets in Michigan and Canada by the second quarter of 2017.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
4ETA:GR €43.42 EUR -0.21

4ETA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Consolidated Edison Inc $57.60 USD -0.10
Exelon Corp $31.47 USD -0.48
Gas Natural SDG SA €23.32 EUR +0.025
PG&E Corp $46.60 USD -0.77
Plains All American Pipeline LP $59.59 USD +0.50
View Industry Companies
 

Industry Analysis

4ETA

Industry Average

Valuation 4ETA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 1.8x
Price/Cash Flow 17.1x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ENERGY TRANSFER PARTNERS LP, please visit www.energytransfer.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.