4 Things Energy Transfer Partners LP Wants You to Know About its Plans

Energy Transfer Partners (NYSE: ETP) seems to be following the Field of Dreams mantra to turn around its operations. That's because the company's view has been that building its massive backlog of growth projects would eventually cause the market to come to its senses and reward it with a higher valuation. That plan finally started paying dividends during the third quarter as the company's earnings and cash flow rebounded sharply.

While the company's valuation has yet to tag along, management believes it's only a matter of time before it follows suit. That was one of four key points they made on the accompanying conference call, where they laid out their current thinking on several issues, many of which are in stark contrast to the strategy of their midstream peers.

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Source: Fool.com