Enbridge Energy Management LLC Company Profile (NYSE:EEQ)

About Enbridge Energy Management LLC

Enbridge Energy Management LLC logoEnbridge Energy Management, L.L.C. is a limited partner of Enbridge Energy Partners, L.P. (the Partnership). The Company owns i-units, a special class of the Partnership's limited partner interests. The Company manages the business and affairs of the Partnership. The Partnership owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: EEQ
  • CUSIP:
Key Metrics:
  • Previous Close: $17.81
  • 50 Day Moving Average: $21.50
  • 200 Day Moving Average: $23.48
  • 52-Week Range: $83,983,000.00 - $15.87
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.54
  • P/E Growth: -0.75
  • Market Cap: $1.50B
  • Outstanding Shares: 83,983,000
  • Beta: 1.11
Profitability:
  • Return on Equity: -1,853.39%
  • Return on Assets: -1,853.39%
Additional Links:
Companies Related to Enbridge Energy Management LLC:

Analyst Ratings

Consensus Ratings for Enbridge Energy Management LLC (NYSE:EEQ) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $25.14 (41.17% upside)

Analysts' Ratings History for Enbridge Energy Management LLC (NYSE:EEQ)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017RBC Capital MarketsReiterated RatingHold$20.00View Rating Details
11/1/2016Ladenburg Thalmann Financial ServicesReiterated RatingBuy$27.00View Rating Details
10/1/2016MizuhoReiterated RatingBuy$29.00View Rating Details
9/19/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$20.00 -> $24.00View Rating Details
9/9/2016FBR & CoReiterated RatingOutperform$31.00View Rating Details
9/8/2016SimmonsUpgradeNeutral -> OverweightView Rating Details
9/7/2016Piper Jaffray CompaniesUpgradeNeutral -> OverweightView Rating Details
8/1/2016Credit Suisse GroupUpgradeNeutral -> OutperformView Rating Details
3/3/2016J P Morgan Chase & CoReiterated RatingNeutral$27.00 -> $22.00View Rating Details
2/25/2016Morgan StanleyInitiated CoverageUnderweight$17.00View Rating Details
2/23/2016Barclays PLCReiterated RatingEqual Weight$25.00 -> $21.00View Rating Details
2/18/2016Royal Bank of CanadaLower Price TargetSector Perform$22.00 -> $19.00View Rating Details
9/9/2015Seaport Global SecuritiesReiterated RatingAccumulate$40.00 -> $34.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Enbridge Energy Management LLC (NYSE:EEQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017        
11/2/2015Q3$0.22($3.91)ViewN/AView Earnings Details
8/18/2014$0.23$0.02ViewN/AView Earnings Details
5/7/2014$0.22$0.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Enbridge Energy Management LLC (NYSE:EEQ)
Current Year EPS Consensus Estimate: $0.40 EPS
Next Year EPS Consensus Estimate: $0.79 EPS

Dividends

Current Dividend Information for Enbridge Energy Management LLC (NYSE:EEQ)
Annual Dividend:$2.33
Dividend Yield:13.08%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:582.50% (Based on Current Year Consensus EPS Estimate)
294.94% (Based on Next Year Consensus EPS Estimate)

Dividend History for Enbridge Energy Management LLC (NYSE:EEQ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017Quarterly$0.582/3/20172/7/20172/14/2017
11/1/2016Quarterly$0.5811/3/201611/7/201611/14/2016
4/29/2016quarterly$0.585/4/20165/6/20165/13/2016
1/29/2016quarterly$0.582/3/20162/5/20162/12/2016
5/6/2015quarterly$0.575/8/20155/15/2015
7/31/2014quarterly$0.568/5/20148/7/20148/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Enbridge Energy Management LLC (NYSE:EEQ)
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 71.56%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2014Mark A MakiInsiderBuy3,000$34.67$104,010.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Enbridge Energy Management LLC (NYSE:EEQ)
DateHeadline
News IconRBC Capital Markets Reiterates "Hold" Rating for Enbridge Energy Management LLC (EEQ) (NYSE:EEQ)
eleganthomesinla.com - February 23 at 9:56 PM
finance.yahoo.com logoEnbridge Energy Partners, L.P. Makes K-1 Tax Packages Available Online (NYSE:EEQ)
finance.yahoo.com - February 23 at 4:54 PM
News IconThe Enbridge Energy, LP (EEP) Cut to "Neutral" at Mizuho (NYSE:EEQ)
oakridgeobserver.com - February 22 at 5:10 PM
News IconThe FBR & Co Reiterates Outperform Rating for Enbridge Energy, LP (EEP) (NYSE:EEQ)
mundoaguaysaneamiento.net - February 22 at 5:10 PM
biz.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:EEQ)
biz.yahoo.com - February 22 at 7:08 AM
biz.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Files SEC form 10-K, Annual Report (NYSE:EEQ)
us.rd.yahoo.com - February 17 at 6:07 PM
biz.yahoo.com logoQ4 2016 Enbridge Energy Management LLC Earnings Release - Time Not Supplied (NYSE:EEQ)
biz.yahoo.com - February 16 at 4:01 PM
bizjournals.com logoHouston company agrees to sell interstate pipeline in $220 million deal (NYSE:EEQ)
www.bizjournals.com - February 14 at 5:47 PM
marketrealist.com logoEEP’s Segments in 4Q16: Which Contributed the Most to Earnings Growth? (NYSE:EEQ)
marketrealist.com - February 8 at 5:23 PM
marketrealist.com logoWhat Lies Ahead for Enbridge Energy Partners Stock? (NYSE:EEQ)
marketrealist.com - February 8 at 5:23 PM
marketrealist.com logoHow Have Enbridge Energy Partners’ Price Targets Changed? (NYSE:EEQ)
marketrealist.com - February 8 at 5:23 PM
marketrealist.com logoEnbridge Energy Partners Is Expected to Report Higher 4Q Earnings (NYSE:EEQ)
marketrealist.com - February 7 at 6:05 PM
finance.yahoo.com logoEnbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Fourth Quarter 2016 (NYSE:EEQ)
finance.yahoo.com - February 3 at 5:16 PM
seekingalpha.com logoEnbridge Energy Management, L.L.C. goes ex-dividend tomorrow (NYSE:EEQ)
seekingalpha.com - February 2 at 10:37 AM
News IconStock in Queue: Enbridge Energy Management LLC (NYSE:EEQ) (NYSE:EEQ)
hypelee.com - January 31 at 5:34 PM
News IconHow Does Enbridge Energy Partners, L.P. (EEP) Stack Up Right Now? (NYSE:EEQ)
myhealthbowl.com - January 30 at 5:47 PM
News IconInvestor's Watch List: Enbridge Energy Management LLC (NYSE:EEQ) (NYSE:EEQ)
larampadinapoli.com - January 30 at 5:47 PM
News IconEnbridge Energy Management LLC (EEQ) Stock Price Decreases -19.96% (NYSE:EEQ)
xboxonezone.com - January 30 at 5:47 PM
News IconDaily Ratings & News for Enbridge Energy Management LLC (NYSE:EEQ)
thecelebritytruth.com - January 30 at 5:47 PM
marketrealist.com logoEnbridge Energy Partners Expects Lower Earnings in 2017 (NYSE:EEQ)
marketrealist.com - January 30 at 5:47 PM
News IconThe Enbridge Energy Management LLC (EEQ) Receives $23.75 Consensus PT from Brokerages (NYSE:EEQ)
interiordesignfuture.com - January 29 at 4:58 PM
seekingalpha.com logoI Sold 10.9% Of My MO Position And Used The Proceeds To Buy EEQ Yesterday On 1/27/2017 (NYSE:EEQ)
seekingalpha.com - January 28 at 10:10 PM
us.rd.yahoo.com logoEnbridge Energy Partners, L.P. Declares Distribution for Fourth Quarter 2016; Announces 2017 Financial Outlook and Strategic Review Update (NYSE:EEQ)
us.rd.yahoo.com - January 27 at 6:31 PM
bizjournals.com logoHouston-based energy co. going private in $170M deal (NYSE:EEQ)
us.rd.yahoo.com - January 27 at 6:31 PM
marketexclusive.com logoAnalyst Activity – RBC Capital Markets Reiterates Hold on Enbridge Energy Management LLC (NYSE:EEQ) (NYSE:EEQ)
marketexclusive.com - January 7 at 5:47 PM
News IconNext Weeks Broker Price Targets For Spectra Energy Partners, LP (NYSE:SEP) (NYSE:EEQ)
www.xboxonezone.com - December 26 at 4:40 PM
News IconEnbridge Energy Management LLC (NYSE:EEQ) Valuation According To Analysts (NYSE:EEQ)
viveremilano.biz - December 22 at 5:06 PM
News IconIs Enbridge Energy Management, L.L.C. (EEQ) A Good Stock To Buy? (NYSE:EEQ)
feedproxy.google.com - December 16 at 4:59 PM
stocksdaily.net logoCan Enbridge Energy Management LLC (NYSE:EEQ) Meet Analysts EPS Target Of $0.16? (NYSE:EEQ)
www.stocksdaily.net - December 15 at 5:27 PM
insidermonkey.com logoIs ICU Medical, Incorporated (ICUI) A Good Stock To Buy? (NYSE:EEQ)
www.insidermonkey.com - December 10 at 4:44 PM
News IconAnalysts Update Their Price Target On Enbridge Inc (NYSE:ENB) (NYSE:EEQ)
larampadinapoli.com - December 1 at 5:00 PM
4-traders.com logoEnbridge Energy Management L L C : LLC Quarterly EPS From Continuing Operations Stands At $-0.0309 (NYSE:EEQ)
www.4-traders.com - November 25 at 9:57 AM
marketrealist.com logoEnbridge Energy Partners’ Capital Spending Drives Its Growth (NYSE:EEQ)
marketrealist.com - November 14 at 4:58 PM
marketrealist.com logoA Closer Look at Enbridge Energy Partners’ Business and Assets (NYSE:EEQ)
marketrealist.com - November 11 at 4:07 PM
marketrealist.com logoA Closer Look at Enbridge Energy Partners’ Business and Assets (NYSE:EEQ)
marketrealist.com - November 11 at 4:07 PM
marketrealist.com logoHow Enbridge Energy Partners’ Segments Are Performing (NYSE:EEQ)
marketrealist.com - November 11 at 4:07 PM
marketrealist.com logoHow Enbridge Energy Partners’ Segments Are Performing (NYSE:EEQ)
marketrealist.com - November 11 at 4:07 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Enbridge Energy (EEQ) (NYSE:EEQ)
finance.yahoo.com - November 3 at 10:20 PM
nasdaq.com logoEnbridge Energy Management LLC (EEQ) Ex-Dividend Date Scheduled for November ... (NYSE:EEQ)
www.nasdaq.com - November 3 at 10:20 PM
seekingalpha.com logoEnbridge Energy Management, L.L.C. goes ex-dividend today (NYSE:EEQ)
seekingalpha.com - November 3 at 10:20 PM
publicnow.com logoEnbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Third Quarter 2016 more (NYSE:EEQ)
www.publicnow.com - November 3 at 4:30 PM
publicnow.com logoEnbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Third Quarter 2016 (NYSE:EEQ)
www.publicnow.com - November 3 at 4:30 PM
finance.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Financials (NYSE:EEQ)
finance.yahoo.com - November 3 at 4:30 PM
fool.com logoEnbridge Energy Partners' Big Third-Quarter Loss Isn't Much of a Concern Long-Term (NYSE:EEQ)
www.fool.com - October 31 at 4:51 PM
marketwatch.com logo10-Q: ENBRIDGE ENERGY MANAGEMENT L L C (NYSE:EEQ)
www.marketwatch.com - October 31 at 11:01 AM
4-traders.com logoEnbridge Energy Management L L C : Partners, L.P. Declares Distribution and Reports Earnings for Third Quarter 2016 more (NYSE:EEQ)
www.4-traders.com - October 31 at 11:01 AM
publicnow.com logoEnbridge Energy Partners, L.P. Declares Distribution and Reports Earnings for Third Quarter 2016 (NYSE:EEQ)
www.publicnow.com - October 31 at 11:01 AM
publicnow.com logoEnbridge Energy Partners, L.P. Declares Distribution and Reports Earnings for Third Quarter 2016 more (NYSE:EEQ)
www.publicnow.com - October 31 at 11:01 AM
biz.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Files SEC form 10-Q, Quarterly Report (NYSE:EEQ)
biz.yahoo.com - October 31 at 11:01 AM
mysmartrend.com logoShares of EEQ Up 45.3% Since Uptrend Call on Shares (NYSE:EEQ)
www.mysmartrend.com - October 26 at 4:49 PM

Social

What is Enbridge Energy Management LLC's stock symbol?

Enbridge Energy Management LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "EEQ."

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

Enbridge Energy Management LLC declared a quarterly dividend on Friday, January 27th. Shareholders of record on Tuesday, February 7th will be given a dividend of $0.583 per share on Tuesday, February 14th. This represents a $2.33 dividend on an annualized basis and a yield of 13.09%. The ex-dividend date is Friday, February 3rd.

Where is Enbridge Energy Management LLC's stock going? Where will Enbridge Energy Management LLC's stock price be in 2017?

9 brokerages have issued 1-year price objectives for Enbridge Energy Management LLC's stock. Their predictions range from $20.00 to $31.00. On average, they anticipate Enbridge Energy Management LLC's stock price to reach $25.14 in the next twelve months.

When will Enbridge Energy Management LLC announce their earnings?

Enbridge Energy Management LLC is scheduled to release their next quarterly earnings announcement on Thursday, February, 16th 2017.

Who owns Enbridge Energy Management LLC stock?

Enbridge Energy Management LLC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Energy Income Partners LLC (10.64%), Advisory Research Inc. (7.98%), Russell Investments Group Ltd. (0.45%), Renaissance Technologies LLC (0.25%), Blackhill Capital Inc. (0.21%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.17%).

Who sold Enbridge Energy Management LLC stock? Who is selling Enbridge Energy Management LLC stock?

Enbridge Energy Management LLC's stock was sold by a variety of institutional investors in the last quarter, including First Republic Investment Management Inc., Brown Advisory Inc., Westwood Holdings Group Inc. and Commonwealth of Pennsylvania Public School Empls Retrmt SYS.

Who bought Enbridge Energy Management LLC stock? Who is buying Enbridge Energy Management LLC stock?

Enbridge Energy Management LLC's stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Advisory Research Inc., Russell Investments Group Ltd., Cutter & CO Brokerage Inc., Renaissance Technologies LLC, State Street Corp, A.R.T. Advisors LLC and Lebenthal Asset Management LLC.

How do I buy Enbridge Energy Management LLC stock?

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

How much does a share of Enbridge Energy Management LLC stock cost?

One share of Enbridge Energy Management LLC stock can currently be purchased for approximately $17.81.

Enbridge Energy Management LLC (NYSE:EEQ) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)

Earnings History Chart

Earnings by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)

Dividend History Chart

Dividend Payments by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)

Last Updated on 2/26/2017 by MarketBeat.com Staff