Wexford Capital: Joseph Jacobs, Charles Davidson, Private Equity, Energy and Real Estate Investments

5. Energy Transfer Equity LP (NYSE:ETE)

During the second quarter, Wexford Capital added around 862,100 shares to its stake in Energy Transfer Equity LP (NYSE:ETE) and owns 2.44 million shares valued at $43.75 million according to its latest 13F filing. Energy Transfer Equity LP (NYSE:ETE) is the parent company of the aforementioned Energy Transfer Partners, which also holds equity interests in Sunoco LP. For the second quarter, Energy Transfer Equity LP (NYSE:ETE) reported EPS of $0.18, lower than the expected $0.25, while its revenue advanced by 21% on the year to $8.94 billion, missing the consensus estimate by $2.46 billion. The number of funds from our database bullish on Energy Transfer Equity LP (NYSE:ETE) appreciated by seven to 20 during the second quarter.

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