Enbridge Energy Management, L.L.C. Company Profile (NYSE:EEQ)

About Enbridge Energy Management, L.L.C. (NYSE:EEQ)

Enbridge Energy Management, L.L.C. 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 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
  • Symbol: NYSE:EEQ
  • CUSIP: N/A
  • Web: www.enbridgemanagement.com
Capitalization:
  • Market Cap: $1.48 billion
  • Outstanding Shares: 85,620,000
Average Prices:
  • 50 Day Moving Avg: $17.63
  • 200 Day Moving Avg: $20.60
  • 52 Week Range: $16.18 - $25.36
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.08
  • P/E Growth: -0.46
Sales & Book Value:
  • Annual Revenue: N/A
  • Price / Sales: N/A
  • Book Value: $0.01 per share
  • Price / Book: 1,727.00
Profitability:
  • Return on Equity: -1,853.39%
  • Return on Assets: -1,853.39%
Misc:
  • Average Volume: 477,234 shs.
  • Beta: 1.11
  • Short Ratio: 2.42
 

Frequently Asked Questions for Enbridge Energy Management, L.L.C. (NYSE:EEQ)

What is Enbridge Energy Management, L.L.C.'s stock symbol?

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

How often does Enbridge Energy Management, L.L.C. pay dividends? What is the dividend yield for Enbridge Energy Management, L.L.C.?

Enbridge Energy Management, L.L.C. announced a quarterly dividend on Friday, January 27th. Stockholders 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 annualized dividend and a dividend yield of 13.50%. The ex-dividend date is Friday, February 3rd. View Enbridge Energy Management, L.L.C.'s Dividend History.

How were Enbridge Energy Management, L.L.C.'s earnings last quarter?

Enbridge Energy Management, L.L.C. (NYSE:EEQ) released its quarterly earnings data on Friday, August, 1st. The company reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.21. View Enbridge Energy Management, L.L.C.'s Earnings History.

Where is Enbridge Energy Management, L.L.C.'s stock going? Where will Enbridge Energy Management, L.L.C.'s stock price be in 2017?

8 brokers have issued twelve-month price targets for Enbridge Energy Management, L.L.C.'s stock. Their forecasts range from $20.00 to $31.00. On average, they anticipate Enbridge Energy Management, L.L.C.'s stock price to reach $26.20 in the next year. View Analyst Ratings for Enbridge Energy Management, L.L.C..

Are investors shorting Enbridge Energy Management, L.L.C.?

Enbridge Energy Management, L.L.C. saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 840,295 shares, a drop of 30.8% from the March 31st total of 1,214,471 shares. Based on an average daily trading volume, of 258,113 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.1% of the shares of the company are short sold.

Who are some of Enbridge Energy Management, L.L.C.'s key competitors?

Who owns Enbridge Energy Management, L.L.C. stock?

Enbridge Energy Management, L.L.C.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Kayne Anderson Capital Advisors LP (10.96%), Eagle Global Advisors LLC (3.44%), OppenheimerFunds Inc. (3.14%), Morgan Stanley (3.13%), Maple Brown Abbott Ltd (2.43%) and Vanguard Group Inc. (1.12%). View Institutional Ownership Trends for Enbridge Energy Management, L.L.C..

Who sold Enbridge Energy Management, L.L.C. stock? Who is selling Enbridge Energy Management, L.L.C. stock?

Enbridge Energy Management, L.L.C.'s stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Eagle Global Advisors LLC, Neuberger Berman Group LLC, Goldman Sachs Group Inc., Advisors Capital Management LLC, TIAA CREF Trust Co. FSB MO, Gilman Hill Asset Management LLC and Oxbow Advisors LLC. View Insider Buying and Selling for Enbridge Energy Management, L.L.C..

Who bought Enbridge Energy Management, L.L.C. stock? Who is buying Enbridge Energy Management, L.L.C. stock?

Enbridge Energy Management, L.L.C.'s stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Maple Brown Abbott Ltd, Brookfield Asset Management Inc., Citadel Advisors LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Atlantic Trust Group LLC and Vanguard Group Inc.. View Insider Buying and Selling for Enbridge Energy Management, L.L.C..

How do I buy Enbridge Energy Management, L.L.C. stock?

Shares of Enbridge Energy Management, L.L.C. 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, L.L.C. stock cost?

One share of Enbridge Energy Management, L.L.C. stock can currently be purchased for approximately $17.27.

Analyst Ratings

Consensus Ratings for Enbridge Energy Management, L.L.C. (NYSE:EEQ) (?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $26.20 (51.71% upside)

Analysts' Ratings History for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Royal Bank of CanadaReiterated RatingHold$20.00LowView Rating Details
11/1/2016Ladenburg Thalmann Financial ServicesReiterated RatingBuy$27.00N/AView Rating Details
10/1/2016MizuhoReiterated RatingBuy$29.00N/AView Rating Details
9/19/2016Goldman Sachs Group IncReiterated RatingNeutral$20.00 -> $24.00N/AView Rating Details
9/9/2016FBR & CoReiterated RatingOutperform$31.00N/AView Rating Details
9/8/2016SimmonsUpgradeNeutral -> OverweightN/AView Rating Details
9/7/2016Piper Jaffray CompaniesUpgradeNeutral -> OverweightN/AView Rating Details
8/1/2016Credit Suisse Group AGUpgradeNeutral -> OutperformN/AView Rating Details
3/3/2016JPMorgan Chase & Co.Reiterated RatingNeutral$27.00 -> $22.00N/AView Rating Details
2/25/2016Morgan StanleyInitiated CoverageUnderweight$17.00N/AView Rating Details
2/23/2016Barclays PLCReiterated RatingEqual Weight$25.00 -> $21.00N/AView Rating Details
9/9/2015Seaport Global SecuritiesReiterated RatingAccumulate$40.00 -> $34.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Earnings by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Earnings History by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2014Q2 2014$0.23$0.02ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Current Year EPS Consensus Estimate: $0.60 EPS
Next Year EPS Consensus Estimate: $0.86 EPS

Dividends

Current Dividend Information for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Most Recent Dividend:2/14/2017
Annual Dividend:$2.33
Dividend Yield:13.49%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:388.33% (Based on This Year's Estimates)
270.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)

Dividend History by Quarter for Enbridge Energy Management, L.L.C. (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 and Institutional Ownership History for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 71.56%
Insider Trades by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Institutional Ownership by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Insider Trades by Quarter for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
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

Headline Trends for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Latest Headlines for Enbridge Energy Management, L.L.C. (NYSE:EEQ)
Source:
DateHeadline
finance.yahoo.com logoEnbridge Serves Up Its First Earnings After Spectra Energy Merger
finance.yahoo.com - May 24 at 12:24 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 23 at 7:28 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 3 at 9:54 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Short Interest Down 30.8% in April
www.americanbankingnews.com - May 2 at 7:12 AM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 1 at 12:56 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 11:09 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Receives "Hold" Rating from Royal Bank of Canada
www.americanbankingnews.com - April 29 at 8:56 AM
finance.yahoo.com logoEnbridge Energy Partners, L.P. Announces Conclusion of Strategic Review and Declares Distribution for First Quarter 2017
finance.yahoo.com - April 28 at 5:58 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Expected to Post Earnings of $0.09 Per Share
www.americanbankingnews.com - April 27 at 9:16 PM
americanbankingnews.com logoZacks Investment Research Lowers Enbridge Energy Management, L.L.C. (EEQ) to Sell
www.americanbankingnews.com - April 25 at 8:52 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Earning Somewhat Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 6:34 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Earns Media Sentiment Score of 0.31
www.americanbankingnews.com - April 20 at 5:00 PM
americanbankingnews.com logoPositive Media Coverage Likely to Impact Enbridge Energy Management, L.L.C. (EEQ) Stock Price
www.americanbankingnews.com - April 17 at 8:21 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Given Daily Media Sentiment Score of 0.41
www.americanbankingnews.com - April 13 at 2:54 PM
finance.yahoo.com logoMLP Stocks: The Biggest Losers in 1Q17
finance.yahoo.com - April 7 at 9:32 AM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 4 at 2:00 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Short Interest Update
www.americanbankingnews.com - March 31 at 8:26 AM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Earns Hold Rating from Royal Bank of Canada
www.americanbankingnews.com - March 30 at 7:38 AM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 27 at 8:21 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Earns "Hold" Rating from Royal Bank of Canada
www.americanbankingnews.com - March 26 at 6:00 PM
blogs.barrons.com logoEnbridge MLP Rises as Morgan Stanley Says to Overweight
blogs.barrons.com - March 23 at 5:26 PM
thestreet.com logoEnbridge Energy Partners Stock Rises on Bullish Analyst Note
www.thestreet.com - March 23 at 5:26 PM
finance.yahoo.com logoEnbridge Energy (EEP) Down 2.7% Since Earnings Report: Can It Rebound?
finance.yahoo.com - March 21 at 8:20 AM
fool.com logo3 Dividend Stocks That Are Too Unsafe
www.fool.com - March 16 at 6:17 PM
bizjournals.com logoEnbridge to relocate downtown employees to Galleria after acquisition
www.bizjournals.com - March 6 at 4:41 PM
finance.yahoo.com logoEnbridge Energy Partners, L.P. Makes K-1 Tax Packages Available Online
finance.yahoo.com - February 23 at 4:54 PM
biz.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Files SEC form 8-K, Change in Directors or Principal Officers
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
us.rd.yahoo.com - February 17 at 6:07 PM
biz.yahoo.com logoQ4 2016 Enbridge Energy Management LLC Earnings Release - Time Not Supplied
biz.yahoo.com - February 16 at 4:01 PM
bizjournals.com logoHouston company agrees to sell interstate pipeline in $220 million deal
www.bizjournals.com - February 14 at 5:47 PM
finance.yahoo.com logoEnbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Fourth Quarter 2016
finance.yahoo.com - February 3 at 5:16 PM
seekingalpha.com logoEnbridge Energy Management, L.L.C. goes ex-dividend tomorrow
seekingalpha.com - February 2 at 10:37 AM
seekingalpha.com logoI Sold 10.9% Of My MO Position And Used The Proceeds To Buy EEQ Yesterday On 1/27/2017
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
us.rd.yahoo.com - January 27 at 6:31 PM
bizjournals.com logoHouston-based energy co. going private in $170M deal
us.rd.yahoo.com - January 27 at 6:31 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Enbridge Energy (EEQ)
finance.yahoo.com - November 3 at 10:20 PM
nasdaq.com logoEnbridge Energy Management LLC (EEQ) Ex-Dividend Date Scheduled for November ...
www.nasdaq.com - November 3 at 10:20 PM
seekingalpha.com logoEnbridge Energy Management, L.L.C. goes ex-dividend today
seekingalpha.com - November 3 at 10:20 PM
finance.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Financials
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
www.fool.com - October 31 at 4:51 PM
marketwatch.com logo10-Q: ENBRIDGE ENERGY MANAGEMENT L L C
www.marketwatch.com - October 31 at 11:01 AM
biz.yahoo.com logoENBRIDGE ENERGY MANAGEMENT L L C Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - October 31 at 11:01 AM

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Chart

Enbridge Energy Management, L.L.C. (EEQ) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff