Enbridge Energy Partners (EEP) Stock Price, News & Analysis

Enbridge Energy Partners, L.P. (NYSE:EEP) released its earnings results on Thursday, November, 1st. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The pipeline company had revenue of $560 million for the quarter, compared to analysts' expectations of $568.11 million. Enbridge Energy Partners had a net margin of 9.39% and a trailing twelve-month return on equity of 5.92%. The company's quarterly revenue was down 9.1% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share.

Enbridge Energy Partners (NYSE:EEP) pays an annual dividend of $1.40 per share and currently has a dividend yield of 13.42%. EEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 175.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EEP will have a dividend payout ratio of 166.67% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EEP.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enbridge Energy Partners investors own include Energy Transfer (ET), Enbridge (ENB), Enterprise Products Partners (EPD), Plains All American Pipeline (PAA), AT&T (T), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Kratos Defense & Security Solutions (KTOS), Alliance Resource Partners (ARLP) and Intel (INTC).