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Actionable news in ETE: ENERGY TRANSFER EQUITY L.P.,

9 Midstream Oil Companies That Are Unfairly Beaten Down

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NEW YORK (TheStreet) -- Energy Transfer Equity (ETE - Get Report) won over reluctant pipeline company Williams (WMB - Get Report) with a $37.7 billion offer. The markets, though, did not celebrate Energy Transfer's victory, batting down the buyer's shares by 12.7% on Monday to $20.29 and then another 7.5% on Tuesday to $18.77. The units were back up by almost 11% to $20.81 on Wednesday with the general market rising but are still off 10.5% for the week.

It's not unusual for the shares of a buyer to go down after an acquisition announcement, and this one is making Energy Transfer really big -- the fifth largest energy company in the world, with an enterprise value of $149 billion -- and more complex, with six different publicly traded businesses. "Value from Complication," is how Gimme Credit analyst Philip Adams titled his report on the deal on Tuesday.

The deal pushed the stock of a lot of master limited partnerships down with it, leaving folks in the analyst community scratching their heads.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. a>


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