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Company Profile & Recommendation

Company Profile

Energy Transfer Partners LP- (ETP)- engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. As of August 31, 2007, the company owned and operated approximately 14,100 miles of in service natural gas gathering and intrastate transportation pipelines, 3 natural gas processing plants, 12 natural gas treating facilities, 10 natural gas conditioning facilities, and 3 natural gas storage facilities located in Texas. Energy Transfer Partners GP, L.P. serves as its general partner. The company was founded in 2002 and is based in Dallas, Texas. As a Limited Partnership, capital gains are accounted for differently, so please consult with a tax advisor.

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