ET - Energy Transfer: A Continual Leak Of Unanticipated Costs
- Management has long touted the benefits of both DAPL and the Mariner projects.
- Shareholders really don't know the effects of the extra costs of completing both projects.
- The Enable acquisition will spread the risks over a larger Energy Transfer.
- The fines involving the Mariner project continue to mount as the company still faces serious charges through the (subsidiary) Sunoco Pipeline organization.
- Pollution cleanup costs and work stoppages have probably materially increased the costs of the Mariner Project.
For further details see:
Energy Transfer: A Continual Leak Of Unanticipated Costs