EEP stock: buy or sell?
December 19th, 2018
Enbridge Energy Partners, L.P. provides crude oil and liquid petroleum gathering, transportation, and storage services assets in the United States.
Should I buy EEP stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Enbridge Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Enbridge Energy stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for EEP stock for the last 30 days.
EEP stock analysis
Enbridge Energy gained a fine 1.56% and closed at $10.43.
Enbridge Energy shares gained 1.56% to $10.43 . Since price and SMA200d lines crossed up , EEP climbed $0.14 (1.36%). When SMA100d and SMA200d crossed up, EEP price slipped $-0.16 per share (-1.51%). EEP marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $10.89 would break this short term down trend and open possibilities for reversing this situation.
Enbridge Energy closed this week at $10.43 and fell a terrifying -3.60%.
Since late October 2018 when EEP stock price broke up the SMA40w line, it gained $0.21 (2.05%). Since mid October 2018 when SMA20w and SMA40w crossed up, EEP price slipped $-0.04 per share (-0.38%).
EEP stock price history
EEP stock went public on June 18th, 2012 with a price of $16.201. Since then, EEP stock sliced a -35.60%, with a yearly average of -5.10%.
1: Adjusted price after possible price splits or reverse-splits.
EEP stock historical price chart
EEP stock reached 52-week highs at $13.70, and all-time highs 2014-12-04 with a price of 27.84.
EEP stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price prediction for Enbridge Energy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareEnbridge Energy reported good results for 2018-Q3 . Enbridge Energy rose Earnings per Share (EPS) by 11.80%, beating experts consensus of $0.17. Enbridge Energy posted $0.19. Enbridge Energy is reporting earnings for 2018-Q4 , with an expected Earnings per Share (EPS) of $0.20.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2016, last anual revenues report draw a chilling loss of -45.83% to $2,428.00 million USD. When comparing 2017 vs 2016, nevertheless, profit margin (that is, the net income divided by revenues) rocketed a 13.13% to 11.61%. Enbridge Energy presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Enbridge Energy TTM sales up to September 2018 were $2,300.00 and earnings $267.00 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Enbridge Energy business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, eased a rough -5.27%. Regarding profit margin, Enbridge Energy stayed stable -0.01% to 11.61%
|2013||$7,120 M||-||$-55.30 M-0.8%||-|
|2014||$7,965 M||11.86%||$477 M6.0%||-962.03%|
|2015||$5,146 M||-35.39%||$233 M4.5%||-51.08%|
|2016||$4,482 M||-12.91%||$-67.70 M-1.5%||-129.03%|
|2017||$2,428 M||-45.83%||$282 M11.6%||-516.54%|
|TTM||$2,300 M||-5.27%||$267 M11.6%||-5.32%|
Quarterly financial resultsEnbridge Energy reported $560.00 million in sales for 2018-Q3, a 4.28% up compared to previous quarter. Reported quarter earnings marked $104.00 M with a profit margin of 18.57%. Profit margin remained constant a 0.88% compared to previous quarter when profit margin was 17.69%. When comparing sales to same quarter last year, Enbridge Energy sales marked a terrible slide and dropped a -9.15%.
|2016-Q4||$1,250 M||-||$48 M3.8%||-|
|2017-Q1||$1,180 M||-5.60%||$78 M6.6%||62.08%|
|2017-Q2||$595 M||-49.57%||$130 M21.8%||66.97%|
|2017-Q3||$616 M||3.58%||$93 M15.1%||-28.33%|
|2017-Q4||$611 M||-0.88%||$-6 M-1.0%||-106.44%|
|2018-Q1||$592 M||-3.11%||$74 M12.5%||-1,333.33%|
|2018-Q2||$537 M||-9.29%||$95 M17.7%||28.38%|
|2018-Q3||$560 M||4.28%||$104 M18.6%||9.47%|
Enbridge Energy ownershipWhen you are planning to buy shares of a stock, it's worth to check its ownership structure.
Enbridge Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Wednesday, December 19th, 2018|
|Day range||$10.29 - $10.66|
|Average true range||$0.32|
|50d mov avg||$10.65|
|100d mov avg||$10.83|
|200d mov avg||$10.17|
Enbridge Energy performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Enbridge Energy performance to :