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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:EEQ
  • CUSIP: N/A
  • Web: www.enbridgemanagement.com
Capitalization:
  • Market Cap: $1.33 billion
  • Outstanding Shares: 85,620,000
Average Prices:
  • 50 Day Moving Avg: $15.46
  • 200 Day Moving Avg: $17.87
  • 52 Week Range: $14.45 - $25.36
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 17.79
  • P/E Growth: -0.43
Sales & Book Value:
  • Annual Revenue: N/A
  • Price / Sales: N/A
  • Book Value: $0.01 per share
  • Price / Book: 1,548.00
Profitability:
  • Return on Equity: -700.00%
  • Return on Assets: -700.00%
Misc:
  • Average Volume: 440,459 shs.
  • Beta: 1.22
  • 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 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 15.06%. The ex-dividend date of this dividend 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) released 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.

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

9 equities research analysts have issued 1 year price objectives for Enbridge Energy Management LLC's stock. Their forecasts range from $19.00 to $31.00. On average, they expect Enbridge Energy Management LLC's share price to reach $25.00 in the next year. View Analyst Ratings for Enbridge Energy Management LLC.

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
  • 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 Bryson, Senior Vice President — Liquids Pipelines, Operations of the General Partner
  • Allen Capps, Principal Accounting Officer, Controller
  • Stephen J. Neyland, Vice President - Finance, Director
  • Allan M. Schneider, Vice President - Regulated Engineering and Operations
  • Bradley Francis Shamla, Vice President - U.S Operations,Liquids Pipelines

Who owns Enbridge Energy Management LLC stock?

Enbridge Energy Management LLC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bollard Group LLC (1.10%), Oxbow Advisors LLC (1.03%), Russell Investments Group Ltd. (0.75%), Advisors Capital Management LLC (0.24%), Karpas Strategies LLC (0.21%) and Parkwood LLC (0.12%). View Institutional Ownership Trends for Enbridge Energy Management LLC.

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 Blackhill Capital Inc., Wellington Shields Capital Management LLC and Gilman Hill Asset Management LLC. View Insider Buying and Selling for Enbridge Energy Management LLC.

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

Enbridge Energy Management LLC's stock was acquired by a variety of institutional investors in the last quarter, including Oxbow Advisors LLC, Russell Investments Group Ltd., Bank of Montreal Can, Advisors Capital Management LLC, Virtu Financial LLC, Fox Run Management L.L.C., Bollard Group LLC and Creative Planning. View Insider Buying and Selling for Enbridge Energy 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.

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

One share of Enbridge Energy Management LLC stock can currently be purchased for approximately $15.48.


MarketBeat Community Rating for Enbridge Energy Management LLC (NYSE EEQ)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  277
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: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $25.00 (61.50% upside)

Analysts' Ratings History for Enbridge Energy Management LLC (NYSE:EEQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/15/2017Morgan StanleyDowngradeOverweight -> Equal Weight$21.58 -> $19.00HighView Rating Details
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, 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
9/9/2015Seaport Global SecuritiesReiterated RatingAccumulate$40.00 -> $34.00N/AView Rating Details
(Data available from 7/26/2015 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
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: $0.60 EPS
Next Year EPS Consensus Estimate: $0.87 EPS

Dividends

Current Dividend Information for Enbridge Energy Management LLC (NYSE:EEQ)
Most Recent Dividend:2/14/2017
Annual Dividend:$1.13
Dividend Yield:7.30%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:188.33% (Based on This Year's Estimates)
129.89% (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: 77.55%
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 (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 LLC (EEQ) Expected to Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - July 11 at 2:30 PM
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
finance.yahoo.com logoWhy Analysts Are Bullish on Energy Transfer Partners
finance.yahoo.com - June 30 at 6:23 PM
finance.yahoo.com logoEEP, ETP, PAA, GEL: What Do the Current Valuations Indicate?
finance.yahoo.com - June 29 at 7:42 PM
finance.yahoo.com logoAnalyzing the Yields Offered by ETP, EEP, PAA, and GEL
finance.yahoo.com - June 27 at 5:10 PM
finance.yahoo.com logoHess Inks $600M Deal to Divest Stakes in Permian Holdings
finance.yahoo.com - June 20 at 5:36 PM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 20 at 9:21 AM
americanbankingnews.com logoEnbridge Energy Management LLC (EEQ) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 19 at 7:36 PM
americanbankingnews.com logoZacks Investment Research Lowers Enbridge Energy Management LLC (EEQ) to Hold
www.americanbankingnews.com - June 16 at 9:22 PM
finance.yahoo.com logoStatoil (STO) Gives Integrated EPCI Contract to TechnipFMC
finance.yahoo.com - June 16 at 5:44 PM
nasdaq.com logoEnbridge Energy Management Stock Getting Very Oversold
www.nasdaq.com - June 15 at 6:59 PM
americanbankingnews.com logo Brokerages Anticipate Enbridge Energy Management LLC (EEQ) to Announce $0.10 EPS
www.americanbankingnews.com - June 15 at 2:24 PM
americanbankingnews.com logoMorgan Stanley Lowers Enbridge Energy Management LLC (EEQ) to Equal Weight
www.americanbankingnews.com - June 15 at 8:58 AM
finance.yahoo.com logoEnbridge (EEP) Down 6.4% Since Earnings Report: Can It Rebound?
finance.yahoo.com - June 14 at 5:58 PM
finance.yahoo.com logoExxonMobil Maintains Qatar Operations Despite Political Woes
finance.yahoo.com - June 8 at 5:54 PM
finance.yahoo.com logoExxon's Affiliate Inks PSC with Equatorial Guinea Government
finance.yahoo.com - June 6 at 5:19 PM
finance.yahoo.com logoMinnesota to open 22 meetings on disputed Enbridge pipeline
finance.yahoo.com - June 3 at 4:49 PM
finance.yahoo.com logoWhy Enbridge Energy Partners (EEP) Might Be a Diamond in the Rough
finance.yahoo.com - June 1 at 5:37 PM
americanbankingnews.com logoEnbridge Energy Management, L.L.C. (EEQ) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 26 at 9:24 AM
americanbankingnews.com logoZacks Investment Research Lowers Enbridge Energy Management, L.L.C. (EEQ) to Hold
www.americanbankingnews.com - May 24 at 8:20 PM
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

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Chart

Enbridge Energy Management LLC (EEQ) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff