Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $37.83 USD
Change Today +0.38 / 1.01%
Volume 422.3K
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

enbridge energy partners lp (EEP) Snapshot

Open
$37.43
Previous Close
$37.45
Day High
$37.92
Day Low
$37.26
52 Week High
12/4/14 - $41.68
52 Week Low
04/25/14 - $28.40
Market Cap
12.8B
Average Volume 10 Days
357.0K
EPS TTM
$0.70
Shares Outstanding
262.2M
EX-Date
02/4/15
P/E TM
53.8x
Dividend
$2.28
Dividend Yield
5.88%
Current Stock Chart for ENBRIDGE ENERGY PARTNERS LP (EEP)

enbridge energy partners lp (EEP) Related Businessweek News

No Related Businessweek News Found

enbridge energy partners lp (EEP) Details

Enbridge Energy Partners, L.P. 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. It operates through two segments, Liquids and Natural Gas. The Liquids segment operates Lakehead system that consists of interstate common carrier crude oil and liquid petroleum pipelines and storage assets, which serves Great Lakes and the Midwest regions of the United States, and the province of Ontario, Canada; and the North Dakota crude oil system. Its Mid-Continent system consists of approximately 1,666 miles of crude oil pipelines and approximately 21.4 million barrels of storage capacity, which serve refineries in the United States Mid-Continent region. This segment serves integrated oil companies, independent oil producers, and refiners and marketers. The Natural Gas segment owns and operates natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems; natural gas processing and treating facilities; and NGL fractionation facilities, as well as provides trucking, rail, and liquids marketing services. This segment also offers supply, transmission, storage, and sales services to producers and wholesale customers, as well as other interconnected pipeline systems. It primarily serves wholesale customers, such as refiners and petrochemical producers, fractionators, and propane distributors, as well as industrial, utility, and power plant customers. Enbridge Energy Company, Inc. operates as a general partner of the company. 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.

Founded in 1991

enbridge energy partners lp (EEP) Top Compensated Officers

Principal Executive Officer of Enbridge Energ...
Total Annual Compensation: $361.5K
Vice President of Finance of Enbridge Energy ...
Total Annual Compensation: $260.7K
Senior Vice President of Enbridge Energy Mana...
Total Annual Compensation: $393.1K
Executive Vice President of Liquids Pipelines...
Total Annual Compensation: $463.9K
Executive Vice President of Enbridge Energy C...
Total Annual Compensation: $411.6K
Compensation as of Fiscal Year 2014.

enbridge energy partners lp (EEP) Key Developments

United Refining Company and Kiantone Pipeline Corporation, Enbridge Energy Partners, L.P. and Enbridge Inc. Enters into Letter Agreement

On March 27, 2015, United Refining Company and Kiantone Pipeline Corporation, on the one hand, and Enbridge Energy Partners, L.P. and Enbridge Inc. on the other hand, entered into an amendment to that certain letter agreement with respect to approximately 88.85 miles of pipeline owned by the Carriers, which transports crude oil from Canada to the company's Kiantone Pipeline in West Seneca, New York and serves the company's refinery in Warren, Pennsylvania. Pursuant to the Amendment, the date by which the company and the Carriers will negotiate the terms and conditions of a put and call option agreement for Line 10 has been changed from on or before March 27, 2015 to on or before April 1, 2015. Pursuant to the Put and Call Agreement, the company would have the right to purchase the Line 10 Pipeline from the Carriers at any time during the next approximately eleven years and the Carriers would have the right to require the company to purchase the Line 10 Pipeline over a two year period starting at the later of approximately nine years or when all of the replacements are completed.

Enbridge Energy Partners, L.P. Presents at 6th Annual Energy Fundamentals Forum: Crude Oi, Apr-13-2015

Enbridge Energy Partners, L.P. Presents at 6th Annual Energy Fundamentals Forum: Crude Oi, Apr-13-2015 . Venue: Hyatt Regency Houston, 1200 Louisiana Street, Houston, TX 77002, United States.

Enbridge Energy Partners, L.P. Presents at 2nd Annual Capital Link Master Limited Partnership Investing Forum 2015, Mar-05-2015 09:25 AM

Enbridge Energy Partners, L.P. Presents at 2nd Annual Capital Link Master Limited Partnership Investing Forum 2015, Mar-05-2015 09:25 AM. Venue: Metropolitan Club, One East 60th Street, NY 10022-1054, New York, United States. Speakers: Mark Andrew Maki, Principal Executive Officer of Enbridge Energy Company Inc, President of Enbridge Energy Company Inc, President of Enbridge Management and Director of Enbridge Energy Company Inc.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EEP:US $37.83 USD +0.38

EEP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ameren Corp $42.32 USD +0.41
Buckeye Partners LP $79.75 USD +0.62
EQT Corp $86.59 USD -0.95
NiSource Inc $44.87 USD +0.28
Pembina Pipeline Corp C$43.09 CAD +0.02
View Industry Companies
 

Industry Analysis

EEP

Industry Average

Valuation EEP Industry Range
Price/Earnings 56.3x
Price/Sales 1.6x
Price/Book 3.3x
Price/Cash Flow 13.6x
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ENBRIDGE ENERGY PARTNERS LP, please visit www.enbridgepartners.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.