Yahoo  Jul 20  Comment 
Enbridge Energy (EEP) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
Yahoo  Jul 2  Comment 
Enbridge Energy (EEP) shares rose more than 7% in the last trading session, amid huge volumes.
Yahoo  Jun 8  Comment 
Enbridge Energy (EEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Benzinga  Oct 10  Comment 
The following stocks posted three-day rallies on increasing volume and with no news spanning the trading days from October 5 to October 7: Enbridge Energy Partners, L.P. (NYSE: EEP) Snyder's-Lance Inc (NASDAQ: LNCE) If content...


Houston, Texas-based Enbridge Energy Partners, LP, (EEP), a master limited partnership (MLP), is engaged in the gathering, processing, and transmission of natural gas and crude oil. The partnership is best known for its ownership of the Lakehead system, one of the world's longest petroleum pipeline systems. This system is the U.S. portion of the main artery for delivery of crude oil supply from Western Canada to refining centers in the U.S. Upper Midwest and Ontario, Canada. The partnership structure involves two other publicly traded entities: Enbridge Energy Management, LLC, (EEQ), and Enbridge, Inc., (ENB). Enbridge Energy Management has an 18% limited partnership interest in EEP and manages the partnership's business on behalf of the general partner, ENB. Enbridge Inc. is a Canadian energy infrastructure company, which has an effective stake of roughly 13% in EEP, including its ownership interest in EEQ.

Enbridge Energy Partners divides its operations in three segments: Liquid Transportation (accounted for roughly 60% of the partnership's 2006 operating earnings), Natural Gas Transportation (43%), and Marketing (generated an operating loss last year). The Liquid Transportation segment includes the Lakehead system, the North Dakota system, and Mid-Continent system. Natural Gas Transportation primarily consists of the East Texas system, the Northeast Texas system, and the Anadarko system. In addition, the partnership has four FERC-regulated natural gas interstate pipeline systems, namely the KPC pipeline, the Midla pipeline, the AlaTenn pipeline, and the UTOS pipeline. The Marketing unit is engaged in natural gas purchases and sales to wholesale customers. Other assets in the partnership's current portfolio include 4,900 miles of crude oil gathering and transportation lines and 24.5 million barrels of crude oil storage and terminaling capacity, 11,000 miles of natural gas gathering and transportation lines, 9 natural gas treating and 17 natural gas processing units with an aggregate capacity of approximately 1,800 million cubic feet per day (MMcf/d), and other facilities required for oil and gas transportation. During 2006, crude oil and natural gas volumes transported by the partnership's systems were 1.85 million barrels per day and 2,501 MMBtu per day, respectively.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki