Bulls REASONS TO BUY
May 22, 2013
(Stock Blog Hub, 5/14/13)
Enbridge Energy Partners L.P. (EEP) reported first-quarter 2013 adjusted earnings of 21 cents per unit, beating the Zacks Consensus Estimate of 18 cents. The...(read more)
(Stock Blog Hub, 3/6/13)
Texas-based Enbridge Energy Partners LP (EEP) and its project partner Enbridge Income Fund have completed their Bakken crude pipeline expansion project, which...(read more)
(Energy and Capital, 8/6/12)
Enbridge's second major pipeline leak in two years caught regulators' attention and put the companies projects on hold.
ENBRIDGE (ENB) Company Overview
Enbridge Inc. (NYSE: ENB) is a Canadian energy delivery company that also operates as Canada's largest gas utility company. Enbridge builds and maintains pipelines for the transportation of crude oil and natural gas, most of which comes from either the Gulf of Mexico or the Alberta oil sands. Enbridge is heavily affected by the demand for oil and gas, as the need to move both is what fuels the company's revenue stream. Because a few key clients account for much of its sales, customer relations are extremely important to Enbridge. The Canadian government's regulation of the energy market tends to guarantee Enbridge steady income, but it also limits its growth potential. As a player in the energy delivery market, Enbridge is one of the largest, though it faces increasing competition, especially in Alberta.
Enbridge owns and operates Canada’s natural gas distribution company and provides distribution services in Ontario, Quebec, New Brunswick and New York State. In January 2010, Enbridge's company Enbridge Offshore (Gas Transmission) L.L.C. acquired 50% limited liability company interest in Starfish Pipeline Company, LLC from MarkWest Energy Partners, L.P.(Read more at Wikinvest )
What's in this ENB analysis on Wikinvest...