Sunoco Logistics Partners is an MLP that many Fools have gotten to know better over the past year, particularly those that hold units of Energy Transfer Partners LP (NYSE:ETP). Energy Transfer Partners LP (NYSE:ETP) picked up a significant stake in SXL when it acquired Sunoco last year, including 32.4% of SXL’s limited partner units, as well as its general partner stake and incentive distribution rights. Sunoco Logistics has a strong presence in the Northeast, but it is the partnership’s pipeline in West Texas that has investor’s attention lately. SXL is reversing the flow of its Permian Express pipeline to carry crude from the Permian Basin out to Houston. It is slated to begin delivering 90,000 barrels per day sometime in the second quarter of this year.
Past performance is never a guarantee for future gains, but lists like this give us the opportunity to take a closer look at what winners are doing, so that we may continue to grow our understanding of a particular industry.
The article The 10 Top Midstream Stocks originally appeared on Fool.com.
Motley Fool contributor Aimee Duffy has no position in any stocks mentioned. If you have the energy, follow her on Twitter, where she goes by @TMFDuffy. The Motley Fool has no position in any of the stocks mentioned.
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