Enbridge Energy Management LLC Company Profile (NYSE:EEQ)

About Enbridge Energy Management LLC (NYSE:EEQ)

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 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: Oil & Gas Transportation Services
  • Sub-Industry: N/A
  • Symbol: NYSE:EEQ
  • CUSIP: N/A
  • Web: www.enbridgemanagement.com
Capitalization:
  • Market Cap: $1.29116 billion
  • Outstanding Shares: 85,620,000
Average Prices:
  • 50 Day Moving Avg: $14.96
  • 200 Day Moving Avg: $15.62
  • 52 Week Range: $13.42 - $25.96
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.78
  • P/E Growth: -0.45
Sales & Book Value:
  • Annual Revenue: N/A
  • Price / Sales: N/A
  • Book Value: $0.01 per share
  • Price / Book: 1,493.00
Dividend:
  • Annual Dividend: $1.10
  • Dividend Yield: 7.3%
Profitability:
  • Return on Equity: -750.00%
  • Return on Assets: -750.00%
Misc:
  • Average Volume: 361,706 shs.
  • Beta: 1.23
  • Short Ratio: 2.29
 

Frequently Asked Questions for Enbridge Energy Management LLC (NYSE:EEQ)

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. Investors 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 15.62%. The ex-dividend date is Friday, February 3rd. View Enbridge Energy Management LLC's Dividend History.

How were Enbridge Energy Management LLC's earnings last quarter?

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

When will Enbridge Energy Management LLC make its next earnings announcement?

Enbridge Energy Management LLC is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Enbridge Energy Management LLC.

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

3 brokerages have issued 1-year price targets for Enbridge Energy Management LLC's shares. Their forecasts range from $19.00 to $27.00. On average, they anticipate Enbridge Energy Management LLC's stock price to reach $22.33 in the next year. View Analyst Ratings for Enbridge Energy Management LLC.

Are investors shorting Enbridge Energy Management LLC?

Enbridge Energy Management LLC saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 1,737,304 shares, an increase of 93.3% from the September 15th total of 898,670 shares. Based on an average daily volume of 259,486 shares, the days-to-cover ratio is presently 6.7 days. Approximately 2.3% of the company's stock are sold short.

Who are some of Enbridge Energy Management LLC's key competitors?

Who are Enbridge Energy Management LLC's key executives?

Enbridge Energy Management LLC's management team includes the folowing people:

  • Jeffrey A. Connelly, Independent Chairman of the Board
  • Mark A. Maki, President, principal Executive Officer, Director
  • Christopher James Johnston, Principal Financial Officer, Vice President - Finance
  • D. Guy Jarvis, Executive Vice President - Liquids Pipelines, Director
  • C. Gregory Harper, Executive Vice President — Gas Pipelines & Processing
  • Leon A. Zupan, Executive Vice President — Liquids Pipelines, Operations
  • David W. Bryson, Senior Vice President — Liquids Pipelines, Operations of the General Partner
  • Allen Capps, Principal Accounting Officer, Controller
  • Allan M. Schneider, Vice President - Regulated Engineering and Operations
  • Bradley Francis Shamla, Vice President - U.S Operations,Liquids Pipelines

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.

What is Enbridge Energy Management LLC's stock price today?

One share of Enbridge Energy Management LLC stock can currently be purchased for approximately $14.93.


MarketBeat Community Rating for Enbridge Energy Management LLC (NYSE EEQ)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  343
MarketBeat's community ratings are surveys of what our community members think about Enbridge Energy Management LLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Enbridge Energy Management LLC (NYSE:EEQ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $22.33 (49.59% upside)
Consensus Price Target History for Enbridge Energy Management LLC (NYSE:EEQ)
Price Target History for Enbridge Energy Management LLC (NYSE:EEQ)
Analysts' Ratings History for Enbridge Energy Management LLC (NYSE:EEQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/27/2017Royal Bank Of CanadaReiterated RatingHold$21.00LowView Rating Details
6/15/2017Morgan StanleyDowngradeOverweight -> Equal Weight$21.58 -> $19.00HighView 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, Inc. (The)Reiterated 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 GroupUpgradeNeutral -> OutperformN/AView Rating Details
3/3/2016J P Morgan Chase & CoReiterated RatingNeutral$27.00 -> $22.00N/AView Rating Details
2/23/2016Barclays PLCReiterated RatingEqual Weight$25.00 -> $21.00N/AView Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for Enbridge Energy Management LLC (NYSE:EEQ)
Earnings by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)
Earnings History by Quarter for Enbridge Energy Management LLC (NYSE EEQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017        
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 LLC (NYSE:EEQ)
Current Year EPS Consensus Estimate: $0.58 EPS
Next Year EPS Consensus Estimate: $0.89 EPS

Dividends

Current Dividend Information for Enbridge Energy Management LLC (NYSE:EEQ)
Most Recent Dividend:2/14/2017
Annual Dividend:$1.10
Dividend Yield:7.37%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-1,375.00% (Trailing 12 Months of Earnings)
189.66% (Based on This Year's Estimates)
123.60% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)

Dividend History by Quarter 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 and Institutional Ownership History for Enbridge Energy Management LLC (NYSE:EEQ)
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 75.08%
Insider Trades by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)
Institutional Ownership by Quarter for Enbridge Energy Management LLC (NYSE:EEQ)
Insider Trades by Quarter for Enbridge Energy Management LLC (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 LLC (NYSE:EEQ)
Latest Headlines for Enbridge Energy Management LLC (NYSE:EEQ)
Source:
DateHeadline
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - October 17 at 9:38 PM
americanbankingnews.com logoCrestwood Midstream Partners (CMLP) & Enbridge Energy Management (EEQ) Head-To-Head Contrast
www.americanbankingnews.com - October 17 at 2:08 PM
americanbankingnews.com logoShort Interest in Enbridge Energy Management LLC (EEQ) Increases By 93.3%
www.americanbankingnews.com - October 17 at 1:04 AM
americanbankingnews.com logoEnbridge Energy Management (EEQ) & Its Rivals Head-To-Head Review
www.americanbankingnews.com - October 15 at 8:28 PM
finance.yahoo.com logoWill EEP’s Capital Projects Boost Earnings?
finance.yahoo.com - October 9 at 6:32 PM
finance.yahoo.com logoShort Interest in Enbridge Energy Partners Has Risen 17% Recently
finance.yahoo.com - October 9 at 6:32 PM
finance.yahoo.com logoDid Institutional Investors Remain Bullish on EEP in 3Q17?
finance.yahoo.com - October 9 at 6:32 PM
finance.yahoo.com logoEnbridge Energy Partners Underperformed Peers in 2017
finance.yahoo.com - October 6 at 6:30 PM
finance.yahoo.com logoWill a Focus on Its Core Business Benefit Enbridge Energy Partners?
finance.yahoo.com - October 6 at 6:30 PM
finance.yahoo.com logoWhy Enbridge Energy Partners’ Leverage Is Increasing
finance.yahoo.com - October 6 at 6:30 PM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Short Interest Down 35.4% in September
www.americanbankingnews.com - October 4 at 2:38 AM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 30 at 4:50 AM
americanbankingnews.com logoComparing Enbridge Energy Management (EEQ) & Its Competitors
www.americanbankingnews.com - September 29 at 6:24 AM
americanbankingnews.com logoEnbridge Energy Management's (EEQ) Hold Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - September 27 at 4:16 PM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) vs. Enbridge Energy Management (EEQ) Head-To-Head Contrast
www.americanbankingnews.com - September 24 at 2:18 AM
americanbankingnews.com logoEnbridge Energy Management (EEQ) vs. Its Peers Critical Review
www.americanbankingnews.com - September 21 at 10:16 AM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Sees Large Growth in Short Interest
www.americanbankingnews.com - September 19 at 1:20 AM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Expected to Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - September 8 at 6:08 PM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 5 at 4:32 AM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Stock Rating Reaffirmed by Royal Bank Of Canada
www.americanbankingnews.com - August 21 at 1:04 PM
finance.yahoo.com logoMinnesota releases review on disputed Enbridge oil pipeline
finance.yahoo.com - August 17 at 7:26 PM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 11 at 10:56 AM
finance.yahoo.com logoWhat Drove Enbridge Energy Partners’ 2Q17 Earnings Lower?
finance.yahoo.com - August 10 at 7:30 PM
finance.yahoo.com logoEnbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Second Quarter 2017
finance.yahoo.com - August 3 at 8:30 PM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Expected to Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - August 2 at 8:20 PM
americanbankingnews.com logoEnbridge Energy Management LLC (NYSE:EEQ) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 17 at 11:05 AM
finance.yahoo.com logoIs the Options Market Predicting a Spike in Enbridge Energy Partners (EEP) Stock?
finance.yahoo.com - July 13 at 7:28 PM
finance.yahoo.com logoEnergy CEOs say investor money and jobs at risk because FERC isn't functional
finance.yahoo.com - July 12 at 12:31 AM
americanbankingnews.com logoEnbridge Energy Management (NYSE:EEQ) vs. Williams Companies, Inc. (The) (WMB) Head-To-Head Survey
www.americanbankingnews.com - July 8 at 2:18 PM
nasdaq.com logoEnbridge Energy Management Stock Getting Very Oversold
www.nasdaq.com - June 15 at 6:59 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
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
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
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
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
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 LLC (EEQ) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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