Thu, Dec 25, 2014, 3:11 AM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

Enbridge Energy Partners, L.P. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • tradedollarnut tradedollarnut Dec 17, 2008 8:29 PM Flag

    why is this falling?

    I know it's in line with the new market for debt. I say 'ouch' because it's 3-4% higher than what debt used to cost.

    Pipelines carry lots of debt. If they have to refi that debt at 3-4% higher than now [or perhaps even more after the Fed has to raise rates in a few years], then their profits go down. $3 billion at 4% higher is $120M right off the bottom line.

 
EEP
38.84+0.11(+0.28%)Dec 24 1:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.