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Energy Transfer Partners (ETP) [hlAlert]

up 14.10 %

Energy Transfer Partners (ETP) rated Buy by BofA/Merrill

Posted on: Monday,  Nov 12, 2012  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Energy Transfer Partners (NYSE: ETP) on 11/12/2012, when the stock price was $42.60. Since
then, Energy Transfer Partners has gained 14.11% as of 01/22/2016's recent price of $48.61.
If you would have followed this BofA/Merrill's recommendation on ETP, you would have gained 14.1% of your investment in 1166 days.

Energy Transfer Partners, L.P. (ETP) is engaged in natural gas operations. The Company is also operates in the retail propane segment. The Company is managed by its general partners, Energy Transfer Partners GP, L.P. (its General Partner), which is in turn managed by its general partner, Energy Transfer Partners, L.L.C. (ETP LLC). Energy Transfer Equity, L.P. (ETE) owns ETP LLC, the general partner of its General Partner. In September 2008, the Company entered into an agreement with OGE Energy Corp. (OGE) to form a joint venture entity, ETP Enogex Partners LLC (ETP Enogex Partners). On January 27, 2009, the Company announced that it had entered into an agreement with Chesapeake Energy Marketing, Inc., a wholly owned subsidiary of Chesapeake Energy Corporation (Chesapeake) to construct a 178-mile 42-inch interstate natural gas pipeline (Tiger pipeline).

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2012 8:25 AM Buy
as of 12/31/2012
1 Week down  -0.53 %
1 Month down  -2.18 %
3 Months up  0.77 %
1 YTD up  0.77 %

(*) Stock Price at the time of the recommendation.
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