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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (39659)10/18/2010 9:37:38 PM
From: E_K_S  Read Replies (1) of 78469
 
I am looking at Energy Transfer Partners L.P. (ETP) to add to my recent EDP purchase.

Energy Transfer Partners to Construct Two Eagle Ford Shale Pipelines
finance.yahoo.com
From the article:"...Energy Transfer Partners, L.P. (NYSE: ETP ) today announced it has entered into multiple long-term agreements with shippers to provide transportation services from the prolific Eagle Ford Shale located in South Texas....".

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Energy Transfer Equity, L.P. (NYSE: ETE) may be another option too.

Both ETE and ETP seem to be expensive w/ a forward PE around 19. I would rather pay around 17 but will continue to watch these and add some shares on any correction.

EKS
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