Advertisement
Singapore markets closed
  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • Dow

    38,460.92
    -42.77 (-0.11%)
     
  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     
  • Bitcoin USD

    63,067.29
    -3,069.04 (-4.64%)
     
  • CMC Crypto 200

    1,350.96
    -31.61 (-2.28%)
     
  • FTSE 100

    8,069.39
    +29.01 (+0.36%)
     
  • Gold

    2,336.80
    -1.60 (-0.07%)
     
  • Crude Oil

    82.56
    -0.25 (-0.30%)
     
  • 10-Yr Bond

    4.7100
    +0.0580 (+1.25%)
     
  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     
  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     
  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Energy Transfer Partners’ Leverage Is Improving

Energy Transfer Partners’ Leverage Is Improving

Currently, Energy Transfer Partners’ (ETP) net debt-to-adjusted EBITDA stands at ~5.1x—the highest among the four MLPs that we’re discussing in this series. We’re also analyzing Enterprise Products Partners (EPD), MPLX (MPLX), and Plains All American Pipeline (PAA). MPLX’s ratio is the lowest at 3.5x. Enterprise Products Partners’ ratio stands at ~4.2x.