Enbridge Energy Partners, L.P. Company Profile (NYSE:EEP)

About Enbridge Energy Partners, L.P.

Enbridge Energy Partners, L.P. logoEnbridge Energy Partners, L.P. is a limited partnership that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company's activities include interstate pipeline transportation and storage of crude oil and liquid petroleum, and gathering, treating, processing and transportation of natural gas and natural gas liquids (NGLs), through pipelines and related facilities, and supply, transportation and sales services, including purchasing and selling natural gas and NGLs. The Company operates in two business segments: Liquids and Natural Gas. The Liquids segment includes the operations of its Lakehead, Mid-Continent and North Dakota systems. The Natural Gas segment includes natural gas and NGL gathering and transportation pipeline systems, natural gas processing and treating facilities, condensate stabilizers and an NGL fractionation facility.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: EEP
  • CUSIP:
Key Metrics:
  • Previous Close: $24.65
  • 50 Day Moving Average: $24.30
  • 200 Day Moving Average: $21.93
  • 52-Week Range: $14.27 - $29.99
  • Trailing P/E Ratio: 276.97
  • Foreward P/E Ratio: 28.33
  • P/E Growth: 2.35
  • Market Cap: $8.58B
  • Outstanding Shares: 348,038,000
  • Beta: 1.02
Additional Links:
Companies Related to Enbridge Energy Partners, L.P.:

Analyst Ratings

Consensus Ratings for Enbridge Energy Partners, L.P. (NYSE:EEP) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $24.63 (0.10% downside)

Analysts' Ratings History for Enbridge Energy Partners, L.P. (NYSE:EEP)
Show:
DateFirmActionRatingPrice TargetDetails
9/19/2016Goldman Sachs Group Inc.UpgradeSell -> Neutral$20.00 -> $24.00View Rating Details
9/9/2016FBR & CoInitiated CoverageOutperform$31.00View Rating Details
9/7/2016SimmonsUpgradeNeutral -> Overweight$25.00 -> $28.00View Rating Details
9/7/2016Piper Jaffray Cos.UpgradeNeutral -> OverweightView Rating Details
8/3/2016Morgan StanleySet Price TargetSell$23.00View Rating Details
8/1/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$25.00 -> $27.00View Rating Details
7/27/2016JPMorgan Chase & Co.Boost Price TargetNeutral$22.00 -> $24.00View Rating Details
4/13/2016Barclays PLCInitiated CoverageEqual Weight$21.00View Rating Details
2/18/2016Royal Bank Of CanadaLower Price Target$22.00 -> $19.00View Rating Details
10/8/2015Oppenheimer Holdings Inc.UpgradeMarket Perform -> OutperformView Rating Details
9/9/2015Seaport Global SecuritiesLower Price TargetAccumulate$40.00 -> $34.00View Rating Details
8/3/2015Citigroup Inc.Lower Price TargetNeutral$39.00 -> $34.00View Rating Details
7/21/2015ScotiabankLower Price Target$46.00 -> $42.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Enbridge Energy Partners, L.P. (NYSE:EEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
7/28/2016Q216$0.09$0.22$1.06 billion$1.05 billionViewListenView Earnings Details
5/2/2016Q116$0.13$0.17$1.20 billion$1.06 billionViewN/AView Earnings Details
2/17/2016Q415$0.22$0.11$1.41 billion$1.14 billionViewListenView Earnings Details
11/2/2015Q315$0.22$0.23$1.47 billion$1.27 billionViewN/AView Earnings Details
7/30/2015Q215$0.02$0.18$1.64 billion$1.31 billionViewListenView Earnings Details
4/30/2015Q115$0.23$0.26$1.43 billionViewListenView Earnings Details
2/18/2015Q414$0.27$0.27$1.74 billion$2.07 billionViewN/AView Earnings Details
11/5/2014Q314$0.27$0.25$1.85 billion$1.94 billionViewListenView Earnings Details
7/31/2014Q214$0.24$0.21$1.99 billion$1.87 billionViewListenView Earnings Details
4/30/2014Q1$0.20$0.20ViewListenView Earnings Details
2/13/2014Q4$0.25$0.12$1.77 billion$1.96 billionViewListenView Earnings Details
7/29/2013Q2 2013$0.22$0.18$1.75 billion$1.67 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.19$0.21$1.84 billion$1.69 millionViewListenView Earnings Details
10/31/2012Q312$0.27$0.29$1.73 billion$1.56 billionViewN/AView Earnings Details
4/30/2012$0.37$0.28ViewN/AView Earnings Details
3/13/2012$0.36$0.32ViewN/AView Earnings Details
10/28/2011$0.39$0.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Enbridge Energy Partners, L.P. (NYSE:EEP)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $0.87 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.17$0.25$0.21
Q2 20163$0.17$0.28$0.23
Q3 20163$0.17$0.32$0.23
Q4 20163$0.19$0.32$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Enbridge Energy Partners, L.P. (NYSE:EEP)
Annual Dividend:$2.33
Dividend Yield:9.45%
Dividend Growth:2.30% (3 Year Average)
Payout Ratio:314.86% (Based on Current Year Consensus EPS Estimate)
267.82% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Enbridge Energy Partners, L.P. (NYSE:EEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016quarterly$0.588/3/20168/5/20168/12/2016
4/29/2016quarterly$0.585/4/20165/6/20165/13/2016
1/29/2016quarterly$0.582/3/20162/5/20162/12/2016
11/2/2015quarterly$0.5811/4/201511/6/201511/13/2015
7/30/2015quarterly$0.588/5/20158/7/20158/14/2015
4/30/2015quarterly$0.576.06%5/6/20155/8/20155/15/2015
1/8/2015quarterly$0.575.81%2/4/20152/6/20152/13/2015
11/3/2014quarterly$0.566.24%11/5/201411/7/201411/14/2014
7/31/2014quarterly$0.566.59%8/5/20148/7/20148/14/2014
4/30/2014quarterly$0.547.14%5/6/20145/8/20145/15/2014
1/30/2014quarterly$0.547.6%2/5/20142/7/20142/14/2014
10/31/2013quarterly$0.547.18%11/5/201311/7/201311/14/2013
7/29/2013quarterly$0.546.75%8/5/20138/7/20138/14/2013
4/30/2013quarterly$0.547.51%5/6/20135/8/20135/15/2013
1/31/2013quarterly$0.547.25%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Enbridge Energy Partners, L.P. (NYSE:EEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/17/2015Stephen J NeylandVPBuy1,200$19.98$23,976.00View SEC Filing  
3/7/2013Dan Allen WestbrookDirectorBuy2,000$27.61$55,220.00View SEC Filing  
12/28/2012Rebecca B RobertsDirectorBuy4,000$27.92$111,680.00View SEC Filing  
11/12/2012John A LoiaconoVPBuy1,000$28.31$28,310.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Enbridge Energy Partners, L.P. (NYSE:EEP)
DateHeadline
News IconEnbridge Energy Partners, LP Raised to Outperform at Oppenheimer (EEP) - Petro Global News 24 (NYSE:EEP)
petroglobalnews24.com - September 21 at 5:17 PM
seekingalpha.com logoGoldman upgrades TRGP, BPL, ENBL, EEP in energy midstream group (NYSE:EEP)
seekingalpha.com - September 19 at 3:38 PM
finance.yahoo.com logoGoldman On Midstream Group: Upgrades 4, Downgrades One (NYSE:EEP)
finance.yahoo.com - September 19 at 3:38 PM
News IconWhat are Research Firms Saying About Enbridge Energy Partners, L.P. (NYSE:EEP)? - Frisco Fastball (NYSE:EEP)
friscofastball.com - September 16 at 8:31 AM
capitalcube.com logoEnbridge Energy Partners LP – Value Analysis (NYSE:EEP) : September 15, 2016 (NYSE:EEP)
www.capitalcube.com - September 15 at 5:08 PM
thecountrycaller.com logoEnbridge Energy Partners, L.P. and Spectra Energy Corp. Merger Likely To See MLP Consolidation - TCC (NYSE:EEP)
www.thecountrycaller.com - September 14 at 4:52 PM
capitalcube.com logoEnbridge Energy Partners LP breached its 50 day moving average in a Bearish Manner : EEP-US : September 14, 2016 (NYSE:EEP)
www.capitalcube.com - September 14 at 4:52 PM
News IconAnalysts Valuations For Two Stocks: Louisiana-Pacific Corporation (NYSE:LPX), Enbridge Energy Partners, L.P. (NYSE ... - The Voice Registrar (NYSE:EEP)
voiceregistrar.com - September 14 at 8:56 AM
News IconEnbridge Energy Partners, L.P. (EEP) Coverage Initiated by Analysts at FBR & Co (NYSE:EEP)
www.nationaldailypress.com - September 13 at 9:37 AM
finance.yahoo.com logoDakota Access Pipeline Work Halted: Is It the Next Keystone? - Yahoo Finance (NYSE:EEP)
finance.yahoo.com - September 12 at 4:34 PM
News IconEnbridge Energy Partners, L.P. (EEP) Coverage Initiated by Analysts at FBR & Co - National Daily Press (NYSE:EEP)
www.nationaldailypress.com - September 12 at 4:34 PM
News IconThe Forgotten Crown Jewel - Investing Daily (NYSE:EEP)
www.investingdaily.com - September 11 at 4:32 PM
News IconShares Holding Above Moving Averages: Enbridge Energy Partners, L.P. (NYSE:EEP) - Post News (NYSE:EEP)
www.kentuckypostnews.com - September 9 at 4:37 PM
News IconThe Bakken magazine - Enbridge delays Sandpiper Pipeline for at ... - The Bakken magazine (NYSE:EEP)
www.thebakken.com - September 9 at 9:34 AM
istreetwire.com logo3 Stocks to Watch For: Radian (RDN), Enbridge Energy Partners, L.P. (EEP), Gastar Exploration (GST) - iStreetWire (NYSE:EEP)
istreetwire.com - September 9 at 9:34 AM
News IconThe Sell-side Consensus is in on Enbridge Energy Partners, L.P. (NYSE:EEP); Earnings & Target Updates - National Daily Press (NYSE:EEP)
www.nationaldailypress.com - September 9 at 9:34 AM
News IconPlacing Enbridge Energy Partners, L.P. (NYSE:EEP) Shares Under the Microscope - Post News (NYSE:EEP)
www.kentuckypostnews.com - September 8 at 8:34 AM
News IconEnbridge Energy Partners, L.P. (NYSE:EEP): What is the Sell-side Making of this Stock? - Post News (NYSE:EEP)
www.kentuckypostnews.com - September 8 at 8:34 AM
nasdaq.com logoEnbridge Energy Partners Reaches Analyst Target Price - Nasdaq (NYSE:EEP)
www.nasdaq.com - September 8 at 8:34 AM
nasdaq.com logoEnbridge Energy Partners Reaches Analyst Target Price (NYSE:EEP)
www.nasdaq.com - September 7 at 4:54 PM
finance.yahoo.com logoEnbridge Energy upgraded by Piper Jaffray and Simmons (NYSE:EEP)
finance.yahoo.com - September 7 at 4:54 PM
247wallst.com logoThe Day After… Why Analysts Really Like the Spectra Energy and Enbridge Merger (NYSE:EEP)
247wallst.com - September 7 at 4:54 PM
seekingalpha.com logoEnbridge Energy Partners - Strong 10% Yield - Seeking Alpha (NYSE:EEP)
seekingalpha.com - September 7 at 8:06 AM
News IconAnalysts Valuations For Two Stocks: Enbridge Energy Partners, L.P. (NYSE:EEP), PBF Energy Inc (NYSE:PBF) - The Voice Registrar (NYSE:EEP)
voiceregistrar.com - September 7 at 8:06 AM
seekingalpha.com logoEnbridge Energy Partners - Strong 10% Yield (NYSE:EEP)
seekingalpha.com - September 5 at 9:24 AM
finance.yahoo.com logoOil Prices Bounce On OPEC Hopes (NYSE:EEP)
finance.yahoo.com - September 3 at 9:31 AM
News IconHOUSTON, TX--(Marketwired - Sep 1, 2016) - Enbridge Energy Partners, LP ( NYSE : EEP ) - Power Engineering Magazine (NYSE:EEP)
www.power-eng.com - September 2 at 4:43 PM
marketwired.com logoEnbridge Inc. Announces Deferral of Sandpiper Project and Reaches Tentative ... (NYSE:EEP)
www.marketwired.com - September 2 at 9:38 AM
finanznachrichten.de logoENBRIDGE ENERGY PARTNERS LP (NYSE:EEP)
www.finanznachrichten.de - September 2 at 9:38 AM
zacks.com logoEnbridge Energy (EEP) Puts Oil Pipeline Project on Hold (NYSE:EEP)
www.zacks.com - September 2 at 9:38 AM
finance.yahoo.com logoEnbridge Energy Partners, L.P. Announces Anticipated Joint Funding Arrangement ... (NYSE:EEP)
finance.yahoo.com - September 2 at 9:38 AM
reuters.com logoBRIEF-Enbridge - Enbridge Energy Partners L.P and Marathon Petroleum form new JV (NYSE:EEP)
www.reuters.com - September 1 at 4:40 PM
News IconAnalysts Valuations For Two Stocks: Enbridge Energy Partners (NYSE:EEP), Celanese (NYSE:CE) - The Voice Registrar (NYSE:EEP)
voiceregistrar.com - September 1 at 7:53 AM
fool.ca logoIs Enbridge Inc. Planning Something Big? (NYSE:EEP)
www.fool.ca - August 31 at 9:34 AM
marketrealist.com logoWhy This Sunoco Logistics’ Major Project Could Be Delayed (NYSE:EEP)
marketrealist.com - August 30 at 4:48 PM
mysmartrend.com logoEnbridge Energy Partners Has Returned 35.4% Since SmarTrend Recommendation (EEP) (NYSE:EEP)
www.mysmartrend.com - August 25 at 9:44 AM
finance.yahoo.com logoSeaDrill (SDRL) Q2 Earnings Beat, Revenues Miss Estimates (NYSE:EEP)
finance.yahoo.com - August 25 at 9:44 AM
News IconEnbridge Energy Partners, L.P. (NYSE:EEP): Brokerage Firm Consensus Update - Post News (NYSE:EEP)
www.kentuckypostnews.com - August 21 at 9:17 AM
thestreet.com logoActivist investors Jana, Corvex build stakes in Marathon Petroleum (NYSE:EEP)
www.thestreet.com - August 18 at 4:47 PM
mysmartrend.com logoEnbridge Energy Partners Shares Up 41.7% Since SmarTrend's Buy Recommendation (EEP) (NYSE:EEP)
www.mysmartrend.com - August 17 at 4:56 PM
4-traders.com logoEnbridge Energy Partners L P : MDEQ seeks public comment on Enbridge plan (NYSE:EEP)
www.4-traders.com - August 17 at 6:53 AM
News IconEnbridge Energy Partners, L.P. (NYSE:EEP) To Report September 2016 Results - The Voice Registrar (NYSE:EEP)
voiceregistrar.com - August 12 at 4:49 PM
istreetwire.com logo3 Stocks to Watch For: Enbridge Energy Partners, L.P. (EEP ... - iStreetWire (NYSE:EEP)
istreetwire.com - August 11 at 7:49 AM
tradecalls.org logoOxbow Advisors Lowers stake in Enbridge Energy Partners L.P. (EEP) (NYSE:EEP)
www.tradecalls.org - August 9 at 9:00 PM
tradecalls.org logoEnbridge Energy L.P. (EEP) Shares are Up 0.98% - Trade Calls (NYSE:EEP)
www.tradecalls.org - August 9 at 7:37 AM
tradecalls.org logoOxbow Advisors Lowers stake in Enbridge Energy Partners L.P. (EEP) - Trade Calls (NYSE:EEP)
www.tradecalls.org - August 9 at 7:37 AM
capitalcube.com logoEnbridge Energy Partners LP :EEP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:EEP)
www.capitalcube.com - August 8 at 4:52 PM
biz.yahoo.com logoENBRIDGE ENERGY PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement (NYSE:EEP)
biz.yahoo.com - August 8 at 4:52 PM
seekingalpha.com logoEnbridge Energy Partners - Reliable Dividend Yield Of Almost 10% (NYSE:EEP)
seekingalpha.com - August 7 at 9:13 AM
finance.yahoo.com logoEnergy Transfer (ETP) Misses on Q2 Earnings and Revenues (NYSE:EEP)
finance.yahoo.com - August 5 at 4:50 PM

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Enbridge Energy Partners, L.P. (NYSE:EEP) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff