Energy Transfer Equity (NYSE:ETE) has grown its distribution for 13 straight quarters. It's a trend the company doesn't expect will end in 2016, with it projecting to grow its payout by a 21% compound annual rate from 2015 through 2017.
With its unit price down 50% since the start of the year, it's pretty clear that 2015 has been a tough year for Energy Transfer Equity (NYSE:ETE). While some of that had to do with the overall dour mood of the energy market, which spilled over into ...
Energy Transfer Equity logo CIBC Asset Management Inc maintained its stake in Energy Transfer Equity LP (NYSE:ETE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
Finance chiefs rarely depart while a merger is pending, but Energy Transfer Equity LP shares plunged 42% Monday on news CFO Jamie Welch would leave the natural gas and oil master limited partnership, in the midst of its merger with Williams Cos.
It took a lot of persistence and near perfect timing, but Energy Transfer Equity (NYSE:ETE) pulled off what could go down as one of the best energy mergers in 2015 after agreeing to acquire Williams Companies (NYSE:WMB).