Natural gas pipeline operator,
Energy Transfer Partners LP
) raised its fourth-quarter 2013 cash distribution to 92 cents
per unit ($3.68 per unit annualized). The new distribution
represents an increase of 1.66% sequentially and 2.94% year over
The new distribution is payable on Feb 14, 2014 to unitholders of
record as of Feb 7, 2013. The partnership's diversified asset
portfolio and cost effective practices have led to this increase.
Energy Transfer Partners has been consistently returning value to
its unitholders, making it attractive for investors looking for a
steady income source. Until the second quarter of 2013, the
partnership showed no growth in distribution paid, keeping it at
the 2008 level. However, things seem to be panning out well for
ETP lately as this new distribution marks the second consecutive
increase for the partnership.
Energy Transfer Partners has not fared well in the past two
quarters and has missed the Zacks Consensus Estimates both times.
We remain cautious as the partnership plans to report its fourth
quarter and full year results after the market closes on Feb 19,
Dallas-based Energy Transfer Partners is a master limited
partnership (MLP) engaged primarily in the gathering, processing,
storage and transportation of natural gas. The partnership is a
premier MLP with strategically positioned assets that is ideally
situated to benefit from increasing production from
unconventional sources of natural gas. With the largest
intrastate system in Texas and expanding interstate assets, the
partnership is connected to nearly every natural gas shale play
in North America, including the Haynesville, Fayetteville and
Energy Transfer Partners currently holds a Zacks Rank #2 (Buy),
implying that it is expected to outperform the broader U.S.
equity market over the next one to three months.
Meanwhile, one can consider better-ranked energy sector stocks
Athlon Energy Inc.
Clayton Williams Energy, Inc.
QEP Midstream Partners, LP
). All these stocks currently sport a Zacks Rank #1 (Strong
ATHLON ENERGY (ATHL): Free Stock Analysis
WILLIAMS(C)ENGY (CWEI): Free Stock Analysis
ENERGY TRAN PTR (ETP): Free Stock Analysis
QEP MIDSTRM PTR (QEPM): Free Stock Analysis
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