EEP stock: buy or sell?

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

Updated on:
December 19th, 2018

2

Enbridge Energy shares inched 1.56% to $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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

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 posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for EEP stock for the last month.

EEP stock analysis

Daily outlook

Enbridge Energy shares inched 1.56% to $10.43 .

Enbridge Energy closed at $10.43 and inched a decent 1.56%. 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. When EEP stock price broke down the SMA100d line, it slid $-0.77 per share (-6.88%).

EEP stock chart (daily)

Weekly outlook

Enbridge Energy closed this week at $10.43 and dropped a shocking -3.60%.

Enbridge Energy is in a glaring downtrend, marking successive falling peaks and bottoms. Now is trading in between the - range. There is an opportunity to rebound and reverse this situation if price can hold above the level. By mid December 2018, Enbridge Energy stock crossed down the significant level of the 40-weeks moving average. Stocks below the 40-weeks moving average line are usually not recommended for average traders. Far behind is the all-time high Enbridge Energy marked by mid March 2018 and since then the price is -21.28% below that top.

EEP stock chart (weekly)

EEP stock price history

EEP IPO was on March 5th, 2018 at $12.37 per share1. Since then, EEP stock lost a -15.70%, with a yearly average of -15.70%.

1: Adjusted price after possible price splits or reverse-splits.

EEP stock historical price chart

EEP stock reached all-time highs with a price of $13.25.

EEP stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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 found any price prediction for Enbridge Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Enbridge Energy presented its financial report, posting a good gain for the Earnings per Share (EPS). Experts expected $0.17 per share, but Enbridge Energy posted $0.19. Enbridge Energy will present its quaterly financial report . Analysts expect an Earnings per Share (EPS) ratio 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

In 2017, Enbridge Energy annual sales plunged a dreadful -45.83% to $2,428.00 M dollars from $4,481.90 marked in 2016. When comparing 2017 vs 2016, in contrary, profit margin (that is, the net income divided by revenues) skyrocketed a 13.13% to 11.61%.

To have an up to date view of the financial situation of Enbridge Energy, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual Enbridge Energy TTM sales up to September 2018 were $2,300.00 and income was $267.00 M dollars. When comparing this TTM figures with the last reported annuality, we can review Enbridge Energy business evolution since December 2017: Annual revenues up to September, compared to lastest yearly report, fell an awful -5.27%. Regarding profit margin, Enbridge Energy stayed steady -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 posted $560.00 million in revenues 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 stayed stable 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 shocking slide and eased 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 company, it's always 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.

The following table compares ownership indicators for other stocks related to Enbridge Energy:

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$10.79
100d mov avg$11.09
200d mov avg$0.00
Daily patternlb06a
Weekly pattern lt02a

Enbridge Energy performance

To better understand Enbridge Energy performance you must compare its gains with other related stocks in same sector or industry. We compared Enbridge Energy against in the following table:
Stock3m6m12m
EEPEnbridge Energy-10.09%3.57%0.00%

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.