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Enbridge Energy Partners LP (EEP)

EEP on New York Consolidated

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8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Enbridge Energy Partners Announces 2018 Guidance And Long Term Financial Outlook
Wednesday, 29 Nov 2017 04:49pm EST 

Nov 29 (Reuters) - Enbridge Energy Partners Lp ::ENBRIDGE ENERGY PARTNERS, L.P. ANNOUNCES 2018 GUIDANCE AND LONG TERM FINANCIAL OUTLOOK.ENBRIDGE ENERGY PARTNERS-EXPECTS 2018 DISTRIBUTABLE CASH FLOW TO BE $775 MILLION-$825 MILLION AFTER ACCOUNTING FOR DCF ATTRIBUTABLE TO NON-CONTROLLING INTERESTS​.ENBRIDGE ENERGY PARTNERS LP - ‍EXPECTS ANNUAL TOTAL DISTRIBUTION COVERAGE IN 2018 OF ABOUT 1.2X.ENBRIDGE ENERGY PARTNERS LP - ‍PARTNERSHIP EXPECTS CONSOLIDATED DEBT TO EBITDA TO BE APPROXIMATELY 4.0X BY 2020​.ENBRIDGE ENERGY PARTNERS- ‍LAKEHEAD SYSTEM EXPECTED TO CONTINUE TO DELIVER STABLE, LOW-RISK REGULATED CASH FLOW FOR 2018 - 2020.ENBRIDGE ENERGY PARTNERS LP - ‍ VOLUME OUTLOOK ON NORTH DAKOTA ASSETS IS EXPECTED TO REMAIN ROBUST FOR 2018 - 2020 PERIOD​.  Full Article

Enbridge Energy Partners enters seventh amendment to credit agreement
Thursday, 8 Jun 2017 04:03pm EDT 

June 8 (Reuters) - Enbridge Energy Partners Lp :On June 5, 2017, Enbridge Energy Partners entered seventh amendment to credit agreement, dated as of June 5, 2017.This amendment, among other things, eliminates certain covenants related to Midcoast Energy Partners, subsidiaries.  Full Article

Enbridge qtrly adjusted net income per unit $0.14
Thursday, 16 Feb 2017 04:00pm EST 

Enbridge Energy Partners Lp : Enbridge energy partners, l.p. Reports earnings for fourth quarter 2016 . Qtrly adjusted net income per unit of $0.14 . Enbridge energy partners lp - qtrly earnings per common unit $0.08 .Qtrly operating revenues $1,250.8 million versus $1,136.7 million.  Full Article

Enbridge Energy Partners expects 2017 adj. EBITDA to be $1.7 - $1.8 bln
Friday, 27 Jan 2017 06:01am EST 

Enbridge Energy Partners Lp : Enbridge Energy Partners, L.P. declares distribution for fourth quarter 2016; announces 2017 financial outlook and strategic review update . Enbridge Energy Partners - expects to meet 2016 adjusted EBITDA and distributable cash flow guidance of $1.8 - $1.9 billion and $860 - $920 million respectively . Enbridge Energy Partners LP - expects 2017 adjusted EBITDA and DCF to be $1.7 - $1.8 billion and $750 - $800 million, respectively . Enbridge Energy Partners - to sign joint funding agreement with Enbridge Energy Co, a unit of Enbridge Inc, for U.S. portion of Line 3 Replacement program . Enbridge Energy Partners LP - EECI will fund 99 percent and EEP will fund 1 percent of capital cost of U.S. L3R program . Enbridge Energy Partners LP - EECI will pay EEP approximately $450 million for its 99 percent interest in project . Enbridge Energy Partners - expects to use funds received from L3R joint funding agreement to exercise option under eastern access joint funding agreement .Enbridge Energy Partners - option under eastern access joint funding agreement is to acquire an additional 15 percent interest in eastern access project.  Full Article

Enbridge Energy Partners declares distribution and reports earnings for Q3
Monday, 31 Oct 2016 06:00am EDT 

Enbridge Energy Partners Lp : Qtrly adjusted net income per unit $ 0.09 . Qtrly net loss per unit $1.31 . Enbridge energy-on track to achieve near top-end FY adjusted ebitda and distributable cash flow guidance of $1.8 - $1.9 billion and $860 - $920 million, respectively . Qtrly operating revenues $1,120.6 million versus $1,267.7 million .Enbridge Energy Partners, L.P. declares distribution and reports earnings for third quarter 2016.  Full Article

S&P- Enbridge Energy Partners 'BBB' CCR affirmed post Spectra acquisition
Tuesday, 6 Sep 2016 03:30pm EDT 

S&P :Enbridge Energy Partners L.P. 'BBB' ccr affirmed following parent's acquisition of Spectra Energy Corp.; outlook stable.  Full Article

Enbridge Energy Partners reports Q2 EPS of $0.08
Thursday, 28 Jul 2016 04:00pm EDT 

Enbridge Energy Partners LP : "Oil sands production that was curtailed for northeastern alberta wildfires has substantially come back on line" . Enbridge Energy Partners qtrly operating revenue $ 1,048.9 million versus $1,313.1 million; qtrly earnings per unit $0.08 .Enbridge Energy Partners declares distribution and reports earnings for second quarter 2016.  Full Article

Enbridge Energy Partners settles with U.S. DOJ and U.S. EPA on Marshall and Romeoville incidents
Wednesday, 20 Jul 2016 11:26am EDT 

Enbridge Energy Partners Lp : Enbridge Energy Partners L.P. settles with U.S. Department Of Justice and U.S. Environmental Protection Agency on Marshall and Romeoville incidents ."We accept civil penalties and enhanced safety measures in decree".  Full Article

Enbridge inspects sites for safe restart after wildfires
Tuesday, 10 May 2016 11:49am EDT 

Enbridge Inc : Enbridge inspects sites for safe restart after wildfires . Crews have been inspecting facilities and pipelines in Fort Mcmurray region . As fires retreat in some areas, Enbridge workers have been able to conduct field assessments of several of its sites . Currently finalizing plans to repair and restart system and working to assess available utility power supply needed to safely return to service . Inspections of Athabasca and Cheecham terminal facilities indicate they have been largely unaffected by fires . As of May 10, Enbridge Cheecham facility remains closed . All enbridge pipelines in and out of Cheecham terminal continue to be isolated and shut down . Limited volumes are currently flowing on Line 19, initiating out of Kirby Lake facility .Athabasca terminal continues to operate with a minimum staff complement..  Full Article

Enbridge Energy Partners, L.P declares distribution for first quarter 2016
Friday, 29 Apr 2016 04:00pm EDT 

Enbridge Energy Partners, L.P:Declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis on all of its outstanding units for the quarter ended March 31, 2016.Payable on May 13, 2016, to unitholders of record at the close of business on May 6, 2016.  Full Article

BRIEF-Enbridge Energy Partners Announces 2018 Guidance And Long Term Financial Outlook

* ENBRIDGE ENERGY PARTNERS, L.P. ANNOUNCES 2018 GUIDANCE AND LONG TERM FINANCIAL OUTLOOK