Enbridge Energy Partners, L.P. (NYSE:EEP) moved up 0.16% and closed its last trading session at $18.24. This Oils-Energy Sector stock currently has the Market Capitalization of 6.74 Billion. The Average Volume for the stock is measured as 1.39 Million. The Stock has a 52-Week High of $26.37 and 52-Week Low of $14.51 following the dates, it touched its 52-Week High on Oct 10, 2016 and 52-Week Low on Feb 17, 2016. Currently, the Return on Assets value for the trailing twelve months is -2.4% with the Return on Equity and Return on Investment of -12.9% and 5.8% respectively. This firm currently has YTD (year to date) performance of -26.25 Percent which is not good. The Short Ratio for the stock is 3.6.
Enbridge Energy Partners, L.P. (NYSE:EEP) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-1.29. The TTM operating margin is 5.7 percent.
Enbridge Energy Partners, L.P. (NYSE:EEP) reports its Earnings on Tue 21 Feb (In 11 Days). The estimated EPS for the current quarter is said to be $0.13. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has reduced about -26.9% since it reported its last earnings. The Closing price of Enbridge Energy Partners, L.P. (NYSE:EEP) at Last Earnings was $24.92 as compared to the previous closing price of $18.21. The Predicted Move on the 7th day after Enbridge Energy Partners, L.P. (NYSE:EEP) will release its earnings at about 3%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Enbridge Energy Partners, L.P. (NYSE:EEP) beats earnings by 33%, The Stock Missed Earnings 8 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
Enbridge Energy Partners, L.P. (NYSE:EEP) reported its previous quarter on 10/31/2016 where it reported the Actual Earnings of $0.09. The Closing price before the company posted its earnings was $24.92. The Stock declined on the very next day of earnings and maintained its stock price at $24.03 by showing a % change of -3.57 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.4 Million. On the 7th day After Earnings Report, the stock hit its share price as $21.99 by showing -11.76% decrease from the Stock price Before Earnings were reported.
On 07/28/2016, the stock reported the EPS of $0.22 where Analysts were projecting the EPS to be $0.09 showing a difference of $0.13. Thus Surprise Factor was there with 144.4 percent. Before Earnings Announcement on 07/28/2016, the firm had its stock price of $21.36. And immediately on the next day after earnings announcement, the stock inclined 4.03% and closed its trading session at $22.22. On 7th Day after earnings release, Enbridge Energy Partners, L.P. (NYSE:EEP) surged to 7.16% from $21.36 to $22.89.
On 05/02/2016, Analysts were suspecting EPS of $0.13/share where Enbridge Energy Partners, L.P. (NYSE:EEP) reported its Actual EPS of $0.17. Thus showing a Surprise of 30.8 percent. The Closing Price of the stock before earnings was $20.03 while on the Next day the stock closed its trading session at $20.01 with a percentage change of -0.1% from the price of 20.03 before Earnings. The Stock Closing Price on the 7th day of earnings was $19.83.
Enbridge Energy Partners, L.P. owns and operates a diversified portfolio of crude oil and natural gas transportation systems 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 pipeline, and storage assets, which transports crude oil and liquid petroleum from western Canada to the United States. This segment also operates North Dakota crude oil system that consists of approximately 683 miles long, has 23 pump stations, delivery points, and storage facilities with a storage capacity of approximately 1.8 million barrels; and Mid-Continent system, which includes approximately 433 miles of crude oil pipelines and 23.6 million barrels of storage capacity. This segment serves integrated oil companies, independent oil producers, and refiners and marketers. The Natural Gas segment operates natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems, natural gas processing and treating facilities, and NGL fractionation facility, as well as provides trucking, rail, and liquids marketing services in east and north Texas, as well as the Texas Panhandle and western Oklahoma. This segment operates approximately 10,900 miles of natural gas and NGL gathering and transmission pipelines. This segment also offers natural gas supply, transportation, balancing, storage, and sales services. This segment serves natural gas aggregators, wholesale customers, refiners and petrochemical producers, fractionators, propane distributors, and industrial customers, various third parties, and end users. 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.