David Skidmore - Energy Transfer Director of the General Partner

Director

Mr. David K. Skidmore Director of Sunoco Partners LLC., general partner of the company. He has served as Vice President of Ventex Oil Gas, Inc. since 1995 and was actively involved in exploration and production throughout the Gulf Coast and midContinent regions for over 35 years. He founded Skidmore Exploration, Inc. in 1981 and was an independent oil and gas producer since that time. From 1977 to 1981, he worked for Paraffine Oil Corporation and Texas Oil Gas in Houston. He holds BS degrees in both Geology and Petroleum Engineering, is a Certified Petroleum Geologist and Registered Professional Engineer, and active member of the AAPG, and SPE.
Age 60
Phone214-981-0700
Webhttp://www.energytransfer.com
Skidmore has served as Vice President of Ventex Oil & Gas, Inc. since 1995 and was actively involved in exploration and production throughout the Gulf Coast and midContinent regions for over 35 years. He founded Skidmore Exploration, Inc. in 1981 and was an independent oil and gas producer since that time. From 1977 to 1981, he worked for Paraffine Oil Corporationration and Texas Oil & Gas in Houston. He holds BS degrees in both Geology and Petroleum Engineering, is a Certified Petroleum Geologist and Registered Professional Engineer, and active member of the AAPG, and SPE.

Energy Transfer Management Efficiency

The company has Return on Asset of 3.12 % which means that on every $100 spent on assets, it made $3.12 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 10.37 %, implying that it generated $10.37 on every 100 dollars invested. Energy Transfer's management efficiency ratios could be used to measure how well Energy Transfer manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 33.9 B in debt with debt to equity (D/E) ratio of 99.5, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Energy Transfer Partners has a current ratio of 0.97, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Energy Transfer until it has trouble settling it off, either with new capital or with free cash flow. So, Energy Transfer's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Energy Transfer Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Energy to invest in growth at high rates of return. When we think about Energy Transfer's use of debt, we should always consider it together with cash and equity.

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Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Energy Transfer Partners, L.P. was founded in 1995 and is based in Dallas, Texas. Energy Transfer operates under Oil Gas Midstream classification in USA and is traded on New York Stock Exchange. It employs 8494 people. Energy Transfer Partners (ETP) is traded on New York Stock Exchange in USA and employs 8,494 people.

Management Performance

Energy Transfer Partners Leadership Team

Elected by the shareholders, the Energy Transfer's board of directors comprises two types of representatives: Energy Transfer inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Energy. The board's role is to monitor Energy Transfer's management team and ensure that shareholders' interests are well served. Energy Transfer's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Energy Transfer's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ted Collins, Independent Director of the Energy Transfer Partners GP, L.P.
James Perry, Director of Energy Transfer Partners GP, L.P.
Kurt Lauterbach, Senior Vice President - Lease Acquisitions of Sunoco Partners LLC
James Wright, General Counsel of Energy Transfer Partners, L.L.C
Steven Anderson, Independent Director of Sunoco Partners LLC
Michael Galtman, Chief Accounting Officer, Controller of Sunoco Partners LLC
Michael Slough, Senior Vice President - Engineering, Construction & Procurement of Sunoco Partners LLC
Jamie Welch, Director of Energy Transfer Partners GP, L.P.
Kathleen SheaBallay, Senior Vice President General Counsel, Secretary of Sunoco Partners LLC
Thomas Mason, Sr. VP of Energy Transfer Partners LLC, General Counsel of Energy Transfer Partners LLC and Secretary of Energy Transfer Partners LLC
Thomas Long, CFO of Energy Transfer Partners LLC
Robert Owens, President of Retail Marketing - Energy Transfer Partners LLC
Richard Cargile, President of Midstream Operations for Energy Transfer Partners llc
Matthew Ramsey, Pres and COO
Marshall McCrea, President COO, Director of Energy Transfer Partners GP, L.P.
Peter Gvazdauskas, CFO, Treasurer of Sunoco Partners LLC
Ray Davis, Director
David Chalson, Senior Vice President - Operations of Sunoco Partners LLC
Troy Sturrock, CFO, Chief Accounting Officer
David Skidmore, Director of the General Partner
Michael Grimm, Independent Director of the Energy Transfer Partners GP, L.P.
Michael Hennigan, Director and Presidentident and CEO of Sunoco Logistics
Basil Bray, Independent Director of Sunoco Partners LLC
Scott Angelle, Independent Director of Sunoco Partners LLC
Brent Ratliff, IR Officer
Kelcy Warren, Chairman of The Board of Directors of Energy Transfer Partners Llc - General Partner and CEO of Energy Transfer Partners Llc - General Partner

Energy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Energy Transfer a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Energy Transfer in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Energy Transfer's short interest history, or implied volatility extrapolated from Energy Transfer options trading.

Pair Trading with Energy Transfer

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Transfer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Transfer will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Flowserve could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flowserve when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flowserve - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flowserve to buy it.
The correlation of Flowserve is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flowserve moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flowserve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flowserve can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Energy Stock

If you are still planning to invest in Energy Transfer Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energy Transfer's history and understand the potential risks before investing.
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