NYSE:EEP - Enbridge Energy Partners Stock Price, Price Target & More

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$9.94 -0.08 (-0.80 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$9.94
Today's Range$9.9050 - $10.0650
52-Week Range$8.89 - $16.63
Volume623,670 shs
Average Volume1.82 million shs
Market Capitalization$3.24 billion
P/E Ratio12.43
Dividend Yield14.10%
Beta1.3
Enbridge Energy Partners logoEnbridge Energy Partners, L.P. provides crude oil and liquid petroleum gathering, transportation, and storage services assets in the United States. The company's Lakehead system consists of approximately 4,212 miles of pipe and 74 pump stations located in the Great Lakes and Midwest regions of the United States. Its North Dakota crude oil system comprises approximately 660 miles, has 12 pump stations, delivery points, and storage facilities; and Mid-Continent system includes approximately 20 million barrels of storage capacity. The company serves integrated oil companies, independent oil producers, refiners, and marketers. Enbridge Energy Company, Inc. operates as a general partner of Enbridge Energy Partners, L.P. The company was formerly known as Lakehead Pipe Line Partners, L.P. and changed its name to Enbridge Energy Partners, L.P. in 2001. Enbridge Energy Partners, L.P. was founded in 1991 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:EEP
CUSIPN/A
Phone713-627-5400

Debt

Debt-to-Equity Ratio0.84
Current Ratio0.21
Quick Ratio0.21

Price-To-Earnings

Trailing P/E Ratio12.43
Forward P/E Ratio15.53
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.43 billion
Price / Sales1.34
Cash Flow$1.8007 per share
Price / Cash5.52
Book Value$15.24 per share
Price / Book0.65

Profitability

EPS (Most Recent Fiscal Year)$0.80
Net Income$282 million
Net Margins8.43%
Return on Equity5.66%
Return on Assets2.56%

Miscellaneous

EmployeesN/A
Outstanding Shares326,520,000

Enbridge Energy Partners (NYSE:EEP) Frequently Asked Questions

What is Enbridge Energy Partners' stock symbol?

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

How often does Enbridge Energy Partners pay dividends? What is the dividend yield for Enbridge Energy Partners?

Enbridge Energy Partners declared a quarterly dividend on Friday, April 27th. Stockholders of record on Tuesday, May 8th will be paid a dividend of $0.35 per share on Tuesday, May 15th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 14.08%. The ex-dividend date is Monday, May 7th. View Enbridge Energy Partners' Dividend History.

How were Enbridge Energy Partners' earnings last quarter?

Enbridge Energy Partners, L.P. (NYSE:EEP) announced its earnings results on Wednesday, May, 9th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.05. The pipeline company had revenue of $592 million for the quarter, compared to analyst estimates of $584.93 million. Enbridge Energy Partners had a net margin of 8.43% and a return on equity of 5.66%. The company's revenue was down 2.1% compared to the same quarter last year. During the same period last year, the business earned $0.16 earnings per share. View Enbridge Energy Partners' Earnings History.

When is Enbridge Energy Partners' next earnings date?

Enbridge Energy Partners is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Enbridge Energy Partners.

What price target have analysts set for EEP?

9 analysts have issued twelve-month target prices for Enbridge Energy Partners' stock. Their predictions range from $10.00 to $15.00. On average, they anticipate Enbridge Energy Partners' stock price to reach $12.2222 in the next year. View Analyst Ratings for Enbridge Energy Partners.

Who are some of Enbridge Energy Partners' key competitors?

Who are Enbridge Energy Partners' key executives?

Enbridge Energy Partners' management team includes the folowing people:
  • Mr. Mark Andrew Maki, Pres, Principal Exec. Officer & Director of Enbridge Energy Company, Inc. (Age 53)
  • Mr. D. Guy Jarvis, Exec. VP of Liquids Pipelines & Director - Enbridge Energy Company, Inc. (Age 54)
  • Mr. Stephen J. Neyland, VP & Director of Enbridge Energy Company, Inc. (Age 50)
  • Mr. Bradley Francis Shamla, VP of Liquids Pipelines, Operations - Enbridge Energy Company Inc (Age 49)
  • Mr. Christopher James Johnston, VP of Fin. & Principal Financial Officer - Enbridge Energy Company, Inc. (Age 48)

Has Enbridge Energy Partners been receiving favorable news coverage?

News headlines about EEP stock have been trending somewhat negative on Tuesday, according to Accern Sentiment. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enbridge Energy Partners earned a coverage optimism score of -0.07 on Accern's scale. They also assigned media headlines about the pipeline company an impact score of 45.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Enbridge Energy Partners' major shareholders?

Enbridge Energy Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include ENBRIDGE INC (37.40%), Alps Advisors Inc. (5.17%), OppenheimerFunds Inc. (3.83%), Tortoise Capital Advisors L.L.C. (3.04%), Brookfield Asset Management Inc. (2.86%) and JPMorgan Chase & Co. (1.21%). View Institutional Ownership Trends for Enbridge Energy Partners.

Which major investors are selling Enbridge Energy Partners stock?

EEP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Alps Advisors Inc., BNP Paribas Arbitrage SA, Kayne Anderson Capital Advisors LP, Eagle Global Advisors LLC, Atlantic Trust Group LLC, Guggenheim Capital LLC and Tortoise Capital Advisors L.L.C.. View Insider Buying and Selling for Enbridge Energy Partners.

Which major investors are buying Enbridge Energy Partners stock?

EEP stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Northwestern Mutual Investment Management Company LLC, Fort Washington Investment Advisors Inc. OH, JPMorgan Chase & Co., Infrastructure Capital Advisors LLC, Zimmer Partners LP, Municipal Employees Retirement System of Michigan and UBS Group AG. View Insider Buying and Selling for Enbridge Energy Partners.

How do I buy shares of Enbridge Energy Partners?

Shares of EEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Enbridge Energy Partners' stock price today?

One share of EEP stock can currently be purchased for approximately $9.94.

How big of a company is Enbridge Energy Partners?

Enbridge Energy Partners has a market capitalization of $3.24 billion and generates $2.43 billion in revenue each year. The pipeline company earns $282 million in net income (profit) each year or $0.80 on an earnings per share basis.

How can I contact Enbridge Energy Partners?

Enbridge Energy Partners' mailing address is 5400 WESTHEIMER COURT HOUSTON, HOUSTON TX, 77056. The pipeline company can be reached via phone at 713-627-5400 or via email at [email protected]bridge.com.


MarketBeat Community Rating for Enbridge Energy Partners (EEP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  427 (Vote Underperform)
Total Votes:  703
MarketBeat's community ratings are surveys of what our community members think about Enbridge Energy Partners and other stocks. Vote "Outperform" if you believe EEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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