Cramer Talks With Energy Transfer Partners CEO

Energy Transfer Partner CEO: No Money in Nat Gas Storage

"I think the pipeline master limited partnerships could be a terrific place to wait out the rocky markets," says Mad Money host Jim Cramer. Kelcy Warren, Energy Transfer Partners CEO, discusses MLPs and the state of natural gas.

After the stock market suffered its second-worst beating of the year Thursday, “Mad Money” host Jim Cramer suggested investors consider dividend-paying stocks.

“I think the pipeline master limited partnerships could be terrific places to wait out this rocky market because of their fabulous yield protection,” Cramer said, highlighting Energy Transfer Partners as an example.

The Dallas-based company is one of the largest pipeline operators in the United States, Cramer said. Its stock pays a juicy 8 percent dividend yield, too.

To learn more about the company’s prospects, though, Cramer welcomed CEO Kelcy Warren onto Thursday’s show. Check out the video to see the full interview.

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