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

Enbridge Energy Partners, L.P. (NYSE:EEP) issued its quarterly earnings data on Thursday, November, 1st. The pipeline company reported $0.19 EPS for the quarter, beating 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 trailing twelve-month return on equity of 5.92% and a net margin of 9.39%. The firm's revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 EPS.

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).