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

About Enbridge Energy, L.P. (NYSE:EEP)

Enbridge Energy, L.P. logoEnbridge Energy Partners, L.P is a geographically and operationally diversified organization that provides crude oil and liquid petroleum gathering; transportation and storage services, and natural gas gathering, treating, processing, marketing and transportation services in the Gulf Coast and mid-continent regions of the United States. The Company operates through two business segments: Liquids and Natural Gas. Its Liquids segment includes the operations of its Lakehead, North Dakota and mid-continent systems. Its Natural Gas segment includes natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems, natural gas processing and treating facilities, condensate stabilizers and an NGL fractionation facility, as well as rail and liquids marketing operations. Natural Gas includes Anadarko, East Texas, North Texas and Texas Express NGL systems, and marketing operations.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Transportation Services
  • Sub-Industry: N/A
  • Symbol: NYSE:EEP
  • CUSIP: N/A
  • Web: www.enbridgepartners.com
Capitalization:
  • Market Cap: $5.02836 billion
  • Outstanding Shares: 419,963,000
Average Prices:
  • 50 Day Moving Avg: $15.60
  • 200 Day Moving Avg: $16.33
  • 52 Week Range: $13.87 - $26.22
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 14.33
  • P/E Growth: 1.26
Sales & Book Value:
  • Annual Revenue: $4.43 billion
  • Price / Sales: 1.43
  • Book Value: $4.32 per share
  • Price / Book: 3.48
Dividend:
  • Annual Dividend: $1.40
  • Dividend Yield: 9.1%
Profitability:
  • EBITDA: $1.57 billion
  • Net Margins: -4.34%
  • Return on Equity: 6.68%
  • Return on Assets: 1.80%
Debt:
  • Debt-to-Equity Ratio: 0.98%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 1.21 million shs.
  • Beta: 1.19
  • Short Ratio: 3.42
 

Frequently Asked Questions for Enbridge Energy, L.P. (NYSE:EEP)

What is Enbridge Energy, L.P.'s stock symbol?

Enbridge Energy, L.P. trades on the New York Stock Exchange (NYSE) under the ticker symbol "EEP."

How often does Enbridge Energy, L.P. pay dividends? What is the dividend yield for Enbridge Energy, L.P.?

Enbridge Energy, L.P. declared a quarterly dividend on Friday, July 28th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.35 per share on Monday, August 14th. This represents a $1.40 annualized dividend and a dividend yield of 9.30%. The ex-dividend date of this dividend is Thursday, August 3rd. View Enbridge Energy, L.P.'s Dividend History.

How were Enbridge Energy, L.P.'s earnings last quarter?

Enbridge Energy, L.P. (NYSE:EEP) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.03. The company had revenue of $596.50 million for the quarter, compared to the consensus estimate of $601.82 million. Enbridge Energy, L.P. had a negative net margin of 4.34% and a positive return on equity of 6.68%. The company's quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.22 EPS. View Enbridge Energy, L.P.'s Earnings History.

When will Enbridge Energy, L.P. make its next earnings announcement?

Enbridge Energy, L.P. is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Enbridge Energy, L.P..

Where is Enbridge Energy, L.P.'s stock going? Where will Enbridge Energy, L.P.'s stock price be in 2017?

11 brokers have issued 1-year price targets for Enbridge Energy, L.P.'s shares. Their forecasts range from $17.00 to $27.00. On average, they expect Enbridge Energy, L.P.'s share price to reach $20.50 in the next twelve months. View Analyst Ratings for Enbridge Energy, L.P..

Who are some of Enbridge Energy, L.P.'s key competitors?

Who are Enbridge Energy, L.P.'s key executives?

Enbridge Energy, L.P.'s management team includes the folowing people:

  • Jeffrey A. Connelly, Chairman of the Board of the General Partner
  • Mark A. Maki, President and Principal Executive Officer of General Partner
  • Christopher James Johnston, Vice President - Finance, Principal Financial Officer
  • Guy Jarvis, Executive Vice President - Liquids Pipelines, Director of the General Partner
  • Leon A. Zupan, Executive Vice President — Liquids Pipelines, Operations of General Partner
  • David Bryson, Senior Vice President — Liquids Pipelines, Operations of General Partner
  • Allen Carter Capps, Principal Accounting Officer, Controller of general partner
  • Allan M. Schneider, Vice President - Regulated Engineering and Operations of General Partner
  • Mark R. Boyce, Vice President — Liquids Pipelines, Law and Assistant Corporate Secretary General Partner
  • Leo J. Golden, Vice President-Major Projects of General Partner

Who owns Enbridge Energy, L.P. stock?

Enbridge Energy, L.P.'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bridges Investment Counsel Inc. (0.00%). View Institutional Ownership Trends for Enbridge Energy, L.P..

Who sold Enbridge Energy, L.P. stock? Who is selling Enbridge Energy, L.P. stock?

Enbridge Energy, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Bridges Investment Counsel Inc.. View Insider Buying and Selling for Enbridge Energy, L.P..

How do I buy Enbridge Energy, L.P. stock?

Shares of Enbridge Energy, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Enbridge Energy, L.P.'s stock price today?

One share of Enbridge Energy, L.P. stock can currently be purchased for approximately $15.05.


MarketBeat Community Rating for Enbridge Energy, L.P. (NYSE EEP)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  529
MarketBeat's community ratings are surveys of what our community members think about Enbridge Energy, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Enbridge Energy, L.P. (NYSE:EEP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $20.50 (36.21% upside)
Consensus Price Target History for Enbridge Energy, L.P. (NYSE:EEP)
Price Target History for Enbridge Energy, L.P. (NYSE:EEP)
Analysts' Ratings History for Enbridge Energy, L.P. (NYSE:EEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/17/2017Royal Bank Of CanadaReiterated RatingHold$21.00LowView Rating Details
6/23/2017J P Morgan Chase & CoReiterated RatingNeutral$17.00MediumView Rating Details
6/15/2017Morgan StanleyDowngradeOverweight -> Equal Weight$20.00 -> $19.00HighView Rating Details
5/17/2017MizuhoReiterated RatingNeutral$22.00 -> $19.00LowView Rating Details
5/12/2017Wolfe ResearchInitiated CoverageMarket Perform$19.00LowView Rating Details
4/7/2017Credit Suisse GroupReiterated RatingNeutral$20.00MediumView Rating Details
3/31/2017Wells Fargo & CompanyInitiated CoverageMarket PerformMediumView Rating Details
3/6/2017BMO Capital MarketsInitiated CoverageOutperformN/AView Rating Details
1/31/2017FBR & CoLower Price TargetOutperform$29.00 -> $22.00N/AView Rating Details
1/25/2017National Bank FinancialDowngradeOutperform -> Sector PerformN/AView Rating Details
11/1/2016Ladenburg Thalmann Financial ServicesReiterated RatingBuy$27.00N/AView Rating Details
9/19/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$20.00 -> $24.00N/AView Rating Details
9/7/2016SimmonsUpgradeNeutral -> Overweight$25.00 -> $28.00N/AView Rating Details
9/7/2016Piper Jaffray CompaniesUpgradeNeutral -> OverweightN/AView Rating Details
4/13/2016Barclays PLCInitiated CoverageEqual Weight$21.00N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Enbridge Energy, L.P. (NYSE:EEP)
Earnings by Quarter for Enbridge Energy, L.P. (NYSE:EEP)
Earnings History by Quarter for Enbridge Energy, L.P. (NYSE EEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
8/2/2017Q2 2017$0.17$0.14$601.82 million$596.50 millionViewListenView Earnings Details
5/10/2017Q1 2017$0.07$0.16$1.04 billion$1.18 billionViewN/AView Earnings Details
2/16/2017Q4 2016$0.11$0.14$1.15 billion$1.25 billionViewN/AView Earnings Details
10/31/2016Q316$0.19$0.09$1.11 billion$1.12 billionViewListenView Earnings Details
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
2/16/2016Q415$0.18$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$0.26$0.18$1.64 billion$1.31 billionViewListenView Earnings Details
4/30/2015Q115$0.20$0.26$2.07 billion$1.43 billionViewListenView Earnings Details
2/18/2015Q414$0.28$0.27$1.74 billion$2.07 billionViewN/AView Earnings Details
11/3/2014Q314$0.29$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
5/1/2014Q1$0.21$0.20$1.83 billion$2.08 billionViewListenView 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, L.P. (NYSE:EEP)
Current Year EPS Consensus Estimate: $0.77 EPS
Next Year EPS Consensus Estimate: $1.05 EPS

Dividends

Current Dividend Information for Enbridge Energy, L.P. (NYSE:EEP)
Most Recent Dividend:8/14/2017
Annual Dividend:$1.40
Dividend Yield:9.30%
Dividend Growth:2.40% (3 Year Average)
Payout Ratio:-160.92% (Trailing 12 Months of Earnings)
181.82% (Based on This Year's Estimates)
133.33% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Enbridge Energy, L.P. (NYSE:EEP)

Dividend History by Quarter for Enbridge Energy, L.P. (NYSE EEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2017quarterly$0.358.95%8/3/20178/7/20178/14/2017
4/28/2017quarterly$0.357.24%5/4/20175/8/20175/15/2017
1/27/2017quarterly$0.5810.93%2/3/20172/7/20172/14/2017
10/31/2016quarterly$0.5811/3/201611/7/201611/14/2016
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 and Institutional Ownership History for Enbridge Energy, L.P. (NYSE:EEP)
Institutional Ownership Percentage: 42.75%
Insider Trades by Quarter for Enbridge Energy, L.P. (NYSE:EEP)
Institutional Ownership by Quarter for Enbridge Energy, L.P. (NYSE:EEP)
Insider Trades by Quarter for Enbridge Energy, 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

Headline Trends for Enbridge Energy, L.P. (NYSE:EEP)
Latest Headlines for Enbridge Energy, L.P. (NYSE:EEP)
Source:
DateHeadline
finance.yahoo.com logoExxonMobil Initiates 2 Polyethylene Lines in Mont Belvieu
finance.yahoo.com - October 18 at 7:34 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) and Its Rivals Head to Head Review
www.americanbankingnews.com - October 17 at 4:08 AM
americanbankingnews.com logoCritical Contrast: Genesis Energy, L.P. (GEL) and Enbridge Energy, L.P. (EEP)
www.americanbankingnews.com - October 16 at 8:30 PM
nasdaq.com logoWilliams Partners to Expand Footprint in West Virginia - Nasdaq
www.nasdaq.com - October 13 at 11:45 PM
finance.yahoo.com logoEnbridge Strongly Opposes Minnesota Board's View on Line 3
finance.yahoo.com - October 13 at 6:43 PM
finance.yahoo.com logoPioneer (PXD) Output Jumps in Q3 as Permian Work Ramps Up
finance.yahoo.com - October 13 at 6:43 PM
nasdaq.com logoWhy Hold Strategy is Apt for Apache (APA) Stock Right Now - Nasdaq
www.nasdaq.com - October 13 at 6:08 AM
nasdaq.com logoHow The Parts Add Up: YMLI Targets $17
www.nasdaq.com - October 12 at 7:00 PM
finance.yahoo.com logoEnbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss Third Quarter Financial Results on Nov. 2
finance.yahoo.com - October 12 at 7:00 PM
finance.yahoo.com logoWhat Does Enbridge Energy Partners’ Valuation Indicate?
finance.yahoo.com - October 10 at 3:55 PM
finance.yahoo.com logoWhy Most Analysts Recommend a ‘Hold’ for Enbridge Energy Partners
finance.yahoo.com - October 10 at 3:55 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 8 at 4:42 PM
finance.yahoo.com logoETFs with exposure to Enbridge Energy Partners LP : October 6, 2017
finance.yahoo.com - October 6 at 11:34 PM
finance.yahoo.com logoETFs with exposure to Enbridge Energy Partners LP : September 25, 2017
finance.yahoo.com - September 25 at 11:27 AM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) Rating Reiterated by Royal Bank Of Canada
www.americanbankingnews.com - September 18 at 5:08 PM
seekingalpha.com logoMagellan Midstream: 15 Consecutive Years Of Dividend Growth And Counting - Seeking Alpha
seekingalpha.com - September 15 at 6:40 PM
seekingalpha.com logoBP's Midstream IPO Is Here Part 2
seekingalpha.com - September 14 at 3:52 PM
finance.yahoo.com logoETFs with exposure to Enbridge Energy Partners LP : September 13, 2017
finance.yahoo.com - September 13 at 7:30 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 13 at 6:43 PM
finance.yahoo.com logoMinnesota Commerce Department recommends against Line 3 plan
finance.yahoo.com - September 11 at 11:49 PM
finance.yahoo.com logoEnbridge Energy Partners LP breached its 50 day moving average in a Bearish Manner : EEP-US : September 11, 2017
finance.yahoo.com - September 11 at 6:46 PM
finance.yahoo.com logoEnbridge Energy Partners LP :EEP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 6:46 PM
finance.yahoo.com logo6 MLPs With Sustainable Yields of 6% or More
finance.yahoo.com - September 7 at 6:14 PM
finance.yahoo.com logoDoes ETP’s Current Valuation Indicate a Buying Opportunity?
finance.yahoo.com - September 4 at 5:48 PM
finance.yahoo.com logoDoes ETP’s Current Valuation Indicate a Buying Opportunity?
finance.yahoo.com - August 28 at 5:56 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - August 19 at 4:46 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) versus Southcross Energy Partners, L.P. (SXE) Head-To-Head Review
www.americanbankingnews.com - August 12 at 10:08 PM
fool.com logoWill Energy Transfer Partners LP Finally Turn the Corner in the Second Quarter? - Motley Fool
www.fool.com - August 7 at 6:27 PM
finance.yahoo.com logoEnbridge's Earnings Shed Restructuring Charges in the Second Quarter
finance.yahoo.com - August 4 at 6:23 PM
seekingalpha.com logoEnbridge Energy Partners EPS in-line, misses on revenue
seekingalpha.com - August 4 at 1:32 AM
nasdaq.com logoEnbridge Energy, LP (EEP) Ex-Dividend Date Scheduled for August 03, 2017 - Nasdaq
www.nasdaq.com - August 3 at 3:29 PM
finance.yahoo.com logoEnbridge Energy Partners, L.P. Reports Second Quarter 2017 Results
finance.yahoo.com - August 2 at 7:01 PM
nasdaq.com logoEx-Dividend Reminder: Enbridge Energy Partners,Crestwood Equity Partners and Energy Transfer Equity
www.nasdaq.com - August 1 at 6:48 PM
finance.yahoo.com logoEnbridge Energy Partners LP – Value Analysis (NYSE:EEP) : July 31, 2017
finance.yahoo.com - July 31 at 10:57 PM
benzinga.com logoEnbridge Energy Partners, LP Declares Distribution for Second Quarter 2017 - Benzinga
www.benzinga.com - July 28 at 8:13 PM
americanbankingnews.com logoEnbridge Energy, L.P. to Issue Dividend of $0.35 (EEP)
www.americanbankingnews.com - July 28 at 7:16 PM
feeds.benzinga.com logoEnbridge Energy Partners, L.P. Declares Distribution for Second Quarter 2017
feeds.benzinga.com - July 28 at 6:30 PM
prnewswire.com logoTechnical Research on Oil & Gas Equities -- Kinder Morgan, Enbridge, Plains All American Pipeline, and Cheniere ... - PR Newswire (press release)
www.prnewswire.com - July 26 at 6:47 PM
americanbankingnews.com logoEnbridge Energy, L.P. (EEP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 6:45 PM
prnewswire.com logoHow These Oil & Gas Pipelines Stocks are Performing ... - PR Newswire (press release)
www.prnewswire.com - July 20 at 3:32 PM
finance.yahoo.com logoEnbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss Second Quarter Financial Results on August 3
finance.yahoo.com - July 18 at 7:46 PM
finance.yahoo.com logoEnbridge Energy Partners LP breached its 50 day moving average in a Bullish Manner : EEP-US : July 17, 2017
finance.yahoo.com - July 17 at 11:13 AM
nasdaq.com logoIs the Options Market Predicting a Spike in Enbridge Energy Partners (EEP) Stock? - Nasdaq
www.nasdaq.com - July 13 at 7:28 PM
nasdaq.com logoRowan to Implement Additional Job Cuts at Reliance Drillship - Nasdaq
www.nasdaq.com - June 28 at 5:53 PM
nasdaq.com logoEnsco's Jack Up Rig Lands 5-Month Contract in North Sea - Nasdaq
www.nasdaq.com - June 28 at 5:53 PM
nasdaq.com logoEnbridge Energy Partners Stock Getting Very Oversold - Nasdaq
www.nasdaq.com - June 14 at 5:58 PM
seekingalpha.com logoEnergy Transfer Partners: Fairly Valued After The Merger
seekingalpha.com - June 8 at 5:55 PM
nasdaq.com logoIs it Time to Add Enbridge Energy (EEP) Stock to Portfolio? - Nasdaq
www.nasdaq.com - May 25 at 6:49 PM
seekingalpha.com logoSpectra Energy Partners' Q1 Clearly Shows Why Enbridge Bought The General Partner
seekingalpha.com - May 17 at 4:55 PM
moodys.com logoMoody's revised Enbridge Energy Partners, LP outlook to stable from negative; affirms Baa3 senior unsecured rating - Moodys.com (press release) (subscription)
www.moodys.com - May 5 at 10:08 PM

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Chart

Enbridge Energy, L.P. (EEP) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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