NYSE:EEP - Enbridge Energy Partners Stock Price, News, & Analysis

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$11.00 -0.10 (-0.90 %)
(As of 11/21/2018 09:06 AM ET)
Previous Close$11.10
Today's Range$10.85 - $11.14
52-Week Range$8.89 - $15.56
Volume3.43 million shs
Average Volume2.86 million shs
Market Capitalization$3.62 billion
P/E Ratio13.75
Dividend Yield12.61%
Beta1.27
Enbridge 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

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:EEP
Previous Symbol
CUSIPN/A
Phone713-627-5400

Debt

Debt-to-Equity Ratio0.90
Current Ratio0.27
Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio13.75
Forward P/E Ratio14.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.43 billion
Price / Sales1.48
Cash Flow$1.7828 per share
Price / Cash6.17
Book Value$20.78 per share
Price / Book0.53

Profitability

EPS (Most Recent Fiscal Year)$0.80
Net Income$282 million
Net Margins9.39%
Return on Equity5.92%
Return on Assets2.70%

Miscellaneous

EmployeesN/A
Outstanding Shares326,520,000
Market Cap$3.62 billion
OptionableOptionable

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 announced a quarterly dividend on Thursday, October 25th. Shareholders of record on Wednesday, November 7th will be paid a dividend of $0.35 per share on Wednesday, November 14th. This represents a $1.40 dividend on an annualized basis and a yield of 12.73%. The ex-dividend date of this dividend is Tuesday, November 6th. View Enbridge Energy Partners' Dividend History.

How were Enbridge Energy Partners' earnings last quarter?

Enbridge Energy Partners, L.P. (NYSE:EEP) posted its quarterly earnings data on Thursday, November, 1st. The pipeline company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The pipeline company had revenue of $560 million for the quarter, compared to analyst estimates of $568.11 million. Enbridge Energy Partners had a net margin of 9.39% and a return on equity of 5.92%. The company's quarterly revenue was down 9.1% compared to the same quarter last year. During the same period last year, the firm earned $0.24 EPS. 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 Thursday, February 21st 2019. View Earnings Estimates for Enbridge Energy Partners.

What price target have analysts set for EEP?

9 Wall Street analysts have issued 12-month target prices for Enbridge Energy Partners' shares. Their predictions range from $10.00 to $15.00. On average, they expect Enbridge Energy Partners' stock price to reach $12.4444 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for Enbridge Energy Partners.

What is the consensus analysts' recommendation for Enbridge Energy Partners?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge Energy Partners in the last year. There are currently 2 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Enbridge Energy Partners.

Has Enbridge Energy Partners been receiving favorable news coverage?

News stories about EEP stock have been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Enbridge Energy Partners earned a coverage optimism score of 2.1 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Enbridge Energy Partners?

Enbridge Energy Partners saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,531,055 shares, an increase of 55.7% from the October 15th total of 5,477,815 shares. Based on an average trading volume of 1,854,237 shares, the days-to-cover ratio is currently 4.6 days. Approximately 4.0% of the shares of the company are sold short. View Enbridge Energy Partners' Current Options Chain.

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. Christopher James Johnston, VP of Fin. & Principal Financial Officer - Enbridge Energy Company, Inc. (Age 48)
  • Mr. D. Guy Jarvis, Exec. VP of Liquids Pipelines & Director - Enbridge Energy Company, Inc. (Age 54)
  • Mr. David Wayne Bryson, Sr. VP of Liquids Pipelines, Operations - Enbridge Energy Company Inc. (Age 51)
  • Mr. Stephen J. Neyland, VP & Director of Enbridge Energy Company, Inc. (Age 50)

Who are Enbridge Energy Partners' major shareholders?

Enbridge Energy Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (5.82%), Tortoise Capital Advisors L.L.C. (3.19%), Brookfield Asset Management Inc. (2.97%), JPMorgan Chase & Co. (1.60%), JPMorgan Chase & Co. (1.60%) and Advisory Research Inc. (1.51%). 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 Advisory Research Inc., Maple Brown Abbott Ltd, Zimmer Partners LP, Macquarie Group Ltd., Kayne Anderson Capital Advisors LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Opera Trading Capital and American National Insurance Co. TX. View Insider Buying and Selling for Enbridge Energy Partners.

Which major investors are buying Enbridge Energy Partners stock?

EEP stock was bought by a variety of institutional investors in the last quarter, including Trust Asset Management LLC, Mirae Asset Global Investments Co. Ltd., Virtus ETF Advisers LLC, Alps Advisors Inc., Tortoise Capital Advisors L.L.C., Morgan Stanley, Bank of Montreal Can and Credit Suisse 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 $11.00.

How big of a company is Enbridge Energy Partners?

Enbridge Energy Partners has a market capitalization of $3.62 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.

What is Enbridge Energy Partners' official website?

The official website for Enbridge Energy Partners is http://www.enbridgepartners.com.

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]


MarketBeat Community Rating for Enbridge Energy Partners (NYSE EEP)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  301 (Vote Outperform)
Underperform Votes:  470 (Vote Underperform)
Total Votes:  771
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 11/21/2018 by MarketBeat.com Staff

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