Energy Transfer Partners LP (ETP)

[Timothy Smith]

$ETP has a significant presence in the natural-gas midstream, transportation and storage businesses. It is well positioned to compete in this field as its assets are located in major natural gas producing regions in the U.S.

The net income for the year so far has already surpassed the net income for fiscal 2011 ($1.15 billion in the 1st quarter and $111.4 million in the second quarter), which came in at $669 million. If it maintains the current rate, net income could surpass the $2.00 billion mark.

The planned acquisition of Sunoco Inc (SUN) provides the company with a chance to diversify its asset mix by adding a crude and refined products pipeline to its existing natural-gas infrastructure. It will receive 4,900 retail and fueling stations in the U.S from Sunoco and a 32.4% share in Sunoco logistics partners LP's 7900 miles of oil pipelines.