|Bid||10.240 x 600|
|Ask||10.250 x 800|
|Day's Range||10.150 - 10.590|
|52 Week Range||9.050 - 19.470|
|PE Ratio (TTM)||20.47|
|Earnings Date||May 8, 2018 - May 14, 2018|
|Forward Dividend & Yield||1.40 (13.70%)|
|1y Target Est||12.42|
MINNEAPOLIS (AP) — Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than company's preferred route, an administrative law judge recommended Monday.
TC PipeLines Has Fallen 37% Year-to-Date: What’s Ahead? Of the analysts surveyed by Reuters, 17% have rated TC PipeLines (TCP) a “buy.” About 58% have rated it a “hold,” and 25% have rated it a “sell.” The mean price target for TC PipeLines is $41.75. If TC PipeLines attains its mean price target in a year, it will be a price return of 23%.
TC PipeLines (TCP) stock has fallen 37% so far in 2018. It tumbled in March, following an FERC (Federal Energy Regulatory Commission) policy revision that disallowed income tax allowance cost recoveries for FERC-regulated interstate MLP pipeline rates. Enbridge Energy Partners (EEP), Spectra Energy Partners (SEP), and Dominion Energy Midstream Partners (DM) fell 26%, 16%, and 51%, respectively, in that period. These MLPs are believed to be among the most impacted by the FERC’s policy change.
Enbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss 2018 First Quarter Results on May 10
Enbridge Energy Partners (EEP) is one stock you should avoid as it has seen a significant price decline and is also seeing negative earnings estimate revisions.
It seems to be a wise decision for investors to drop Enbridge Energy (EEQ) stock considering its negative estimate revision, price depreciation as well as unfavorable Zacks rank.
In 2018, Enbridge Energy Partners' (EEP) revenues might fall by nearly $100 million and distributable cash flow by $60 million, provided FERC's new policy is approved as has been announced.
NEW YORK, NY / ACCESSWIRE / March 19, 2018 / Energy stocks were the top gainers in the S&P 500 on Friday. Many energy stocks had their best week last week in the last two months. Southwestern Energy Company ...
The Federal Energy Regulatory Commission announced March 15 that it will change a policy regarding master limited partnerships' tax benefits. MLPs for interstate natural gas and oil pipelines will no longer be allowed to “recover an income tax allowance in cost-of-service rates,” according to a press release . The change was spurred by an appeals court decision in United Airlines Inc. v. FERC that said FERC failed to demonstrate that a pipeline operator was not receiving “double recovery” of “both an income tax allowance and a return on equity determined by the discounted cash flow methodology,” per the release.
HOUSTON, March 16, 2018 /PRNewswire/ - Enbridge Energy Partners, L.P. (EEP) (EEP or the Partnership) today provided its preliminary assessment of the potential impacts of the Federal Energy Regulatory Commission's (FERC) recent policy change with respect to the recovery of income tax amounts included in the cost of service rates of pipelines within a master limited partnership (MLP). On March 15, 2018, FERC changed its long-standing policy on the treatment of income tax amounts included in the rates of pipelines and other entities subject to cost of service rate regulation within an MLP.