Enbridge Energy, L.P. (EEP) & Its Rivals Critical Analysis
Enbridge Energy, L.P. (NYSE: EEP) is one of 53 public companies in the “Oil & Gas Transportation Services” industry, but how does it weigh in compared to its peers? We will compare Enbridge Energy, L.P. to similar businesses based on the strength of its risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.
Valuation & Earnings
This table compares Enbridge Energy, L.P. and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Enbridge Energy, L.P.||$4.43 billion||$1.57 billion||-16.98|
|Enbridge Energy, L.P. Competitors||$5.66 billion||$1.31 billion||35.57|
Enbridge Energy, L.P.’s peers have higher revenue, but lower earnings than Enbridge Energy, L.P.. Enbridge Energy, L.P. is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent ratings and target prices for Enbridge Energy, L.P. and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Enbridge Energy, L.P.||0||8||3||0||2.27|
|Enbridge Energy, L.P. Competitors||283||1772||2360||85||2.50|
Enbridge Energy, L.P. presently has a consensus target price of $20.25, suggesting a potential upside of 37.10%. As a group, “Oil & Gas Transportation Services” companies have a potential upside of 24.16%. Given Enbridge Energy, L.P.’s higher probable upside, research analysts clearly believe Enbridge Energy, L.P. is more favorable than its peers.
Enbridge Energy, L.P. pays an annual dividend of $1.40 per share and has a dividend yield of 9.5%. Enbridge Energy, L.P. pays out -160.9% of its earnings in the form of a dividend. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.8% and pay out 172.0% of their earnings in the form of a dividend. Enbridge Energy, L.P. has increased its dividend for 7 consecutive years. Enbridge Energy, L.P. is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
Risk & Volatility
Enbridge Energy, L.P. has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500. Comparatively, Enbridge Energy, L.P.’s peers have a beta of 1.39, suggesting that their average stock price is 39% more volatile than the S&P 500.
This table compares Enbridge Energy, L.P. and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Enbridge Energy, L.P.||-4.34%||6.68%||1.80%|
|Enbridge Energy, L.P. Competitors||17.52%||14.07%||5.45%|
Insider and Institutional Ownership
42.8% of Enbridge Energy, L.P. shares are held by institutional investors. Comparatively, 57.2% of shares of all “Oil & Gas Transportation Services” companies are held by institutional investors. 9.2% of shares of all “Oil & Gas Transportation Services” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Enbridge Energy, L.P. peers beat Enbridge Energy, L.P. on 10 of the 14 factors compared.
About Enbridge Energy, L.P.
Enbridge Energy Partners, L.P is a geographically and operationally diversified organization that provides crude oil and liquid petroleum gathering; transportation and storage services, and natural gas gathering, treating, processing, marketing and transportation services in the Gulf Coast and mid-continent regions of the United States. The Company operates through two business segments: Liquids and Natural Gas. Its Liquids segment includes the operations of its Lakehead, North Dakota and mid-continent systems. Its Natural Gas segment includes natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems, natural gas processing and treating facilities, condensate stabilizers and an NGL fractionation facility, as well as rail and liquids marketing operations. Natural Gas includes Anadarko, East Texas, North Texas and Texas Express NGL systems, and marketing operations.
Receive News & Ratings for Enbridge Energy L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge Energy L.P. and related companies with MarketBeat.com's FREE daily email newsletter.