NYSE:EEP

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$10.43
$10.43
50-Day Range
N/A
52-Week Range
$8.89
$15.56
Volume
N/A
Average Volume
6.89 million shs
Market Capitalization
$3.41 billion
P/E Ratio
13.04
Dividend Yield
13.42%
Price Target
N/A
EEP stock logo

About Enbridge Energy Partners Stock (NYSE:EEP)

Enbridge Energy Partners, L.P. provides crude oil and liquid petroleum gathering, transportation, and storage services assets in the United States. The company's Lakehead system consists of approximately 4,212 miles of pipe and 74 pump stations located in the Great Lakes and Midwest regions of the United States. Its North Dakota crude oil system comprises approximately 660 miles, has 12 pump stations, delivery points, and storage facilities; and Mid-Continent system includes approximately 20 million barrels of storage capacity. The company serves integrated oil companies, independent oil producers, refiners, and marketers. Enbridge Energy Company, Inc. operates as a general partner of Enbridge Energy Partners, L.P. The company was formerly known as Lakehead Pipe Line Partners, L.P. and changed its name to Enbridge Energy Partners, L.P. in 2001. Enbridge Energy Partners, L.P. was founded in 1991 and is headquartered in Houston, Texas.

EEP Stock News Headlines

Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Fox Squirrel 3
Better High Yield Buy: Energy Transfer Or Enbridge?
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
NEP - NextEra Energy Partners, LP
Enbridge: The Case for Canadian Liquefied Natural Gas
Enbridge: Buy This Strong 6.6% Midstream Yield
Enbridge Inc. (ENB) Q3 2022 Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
11/01/2018
Today
4/26/2024

Industry, Sector and Symbol

Industry
Pipelines, Except Natural Gas
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$282 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$2.43 billion
Cash Flow
$1.80 per share
Book Value
$15.24 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.41 billion
Optionable
Optionable
Beta
1.29
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Key Executives

  • Mr. Mark Andrew Maki (Age 53)
    Pres, Principal Exec. Officer & Director of Enbridge Energy Company, Inc.
  • Mr. Christopher James Johnston (Age 48)
    VP of Fin. & Principal Financial Officer - Enbridge Energy Company, Inc.
  • Mr. D. Guy Jarvis (Age 54)
    Exec. VP of Liquids Pipelines & Director - Enbridge Energy Company, Inc.
  • Mr. David Wayne Bryson (Age 51)
    Sr. VP of Liquids Pipelines, Operations - Enbridge Energy Company Inc.
  • Mr. Stephen J. Neyland (Age 50)
    VP & Director of Enbridge Energy Company, Inc.

EEP Stock Analysis - Frequently Asked Questions

How were Enbridge Energy Partners' earnings last quarter?

Enbridge Energy Partners, L.P. (NYSE:EEP) announced its earnings results on Thursday, November, 1st. The pipeline company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The pipeline company earned $560 million during the quarter, compared to analysts' expectations 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 company's quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 EPS.

Is Enbridge Energy Partners a good dividend stock?

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.

What other stocks do shareholders of Enbridge Energy Partners own?
This page (NYSE:EEP) was last updated on 4/26/2024 by MarketBeat.com Staff

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