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home / news releases / ET - Phillips 66 Partners: Dragged Down By A Partnership

ET - Phillips 66 Partners: Dragged Down By A Partnership

Energy Transfer LP
  • Financial strength is excellent.
  • The distribution coverage ratio is decent.
  • DAPL issues are holding back the common units and making an investment in the common units is unadvisable at the current time.
  • Mr. Market thinks that a pipeline shutdown is likely.  Management of course is silent on this issue as they should be.
  • Management is reviewing their options and investors need to wait until management can definitely state the options definitively.

For further details see:

Phillips 66 Partners: Dragged Down By A Partnership
Stock Information
Company Name: Energy Transfer LP
Stock Symbol: ET
Market: NYSE
Website: energytransfer.com
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