EEP stock: buy or sell?

EEP stock price: $10.43 1.56% At close on December 19th, 2018

Updated on:
December 19th, 2018

2

Shares of Enbridge Energy gained a fine 1.56% and closed at $10.43.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

EEP stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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 Share

Enbridge 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.
EEP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.03n/a
2017-Q1-n/a0.17n/a
2017-Q2-n/a0.21n/a
2017-Q32017-11-020.240.240.0%
2017-Q42018-02-150.20.2630.0%
2018-Q12018-05-090.20.2525.0%
2018-Q22018-08-020.140.157.1%
2018-Q32018-11-010.170.1911.8%
2018-Q42019-02-150.2n/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared 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%

EEP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$7,120 M-$-55.30 M-0.8%-
2014$7,965 M11.86%$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 results

Enbridge 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%.
EEP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M3.58%$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 M4.28%$104 M18.6%9.47%

Enbridge Energy ownership

When 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:

EEP
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

EEP summary

Wednesday, December 19th, 2018
Open$10.29
Close$10.43
Day range$10.29 - $10.66
Previous close$10.27
Session gain1.56%
Average true range$0.32
50d mov avg$10.65
100d mov avg$10.83
200d mov avg$10.17
Daily patternlb06a
Weekly pattern

Enbridge Energy performance

Performance 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 :
Stock3m6m12m
EEPEnbridge Energy-7.12%10.37%-14.23%

Enbridge Energy competitors

Unfortunately, we could not find any public company that could be defined as Enbridge Energy competitor. This doesn't mean Enbridge Energy does not have any competitor in the market, it's just we could not detected it.