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Enter Symbol:
 
Enbridge Energy, Partnership (EEP) [hlAlert]

Rating:
Perform EEP
down 10.29 %

Enbridge Energy, Partnership (EEP) rated Perform with price target $36 by Oppenheimer

Posted on: Thursday,  Aug 1, 2013  8:25 AM ET by Oppenheimer

Oppenheimer rated Perform Enbridge Energy, Partnership (NYSE: EEP) on 08/01/2013. Previously Oppenheimer rated Outperform Enbridge Energy, Partnership (NYSE: EEP) on 06/29/2012.,
when the stock price was $30.90. Since then, Enbridge Energy, Partnership has lost 10.29% as of 08/27/2015's recent price of $27.72.
If you would have followed the previous Oppenheimer's recommendation on EEP, you would have lost 10.29% of your investment in 1154 days.

Enbridge Energy Partners, L.P. (Partnership) is engaged in owning and operating crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. The Company operates in three business segments: liquids, natural gas and marketing. During the year ended December 31, 2008, the portfolio of the Company?s assets included approximately 5,300 miles of crude oil gathering and transportation lines and 28.9 million barrels of crude oil storage and terminaling capacity; natural gathering and transportation lines totaling approximately 11,700 miles; nine active natural gas treating and 24 active natural gas processing facilities with an aggregate capacity of approximately 2,900 million cubic feet per day (MMcf/d); trucks, trailers and railcars for transporting natural gas liquids (NGLs), crude oil and carbon dioxide, and marketing assets that provide natural gas supply.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2013 8:25 AM Buy
None
31.64 36.00
as of 12/13/2013
1 Week up  0.78 %
1 Month up  1.89 %
3 Months up  0.23 %
1 YTD up  6.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/29/2012 8:25 AM Buy
None
30.90
8/25/2010 8:25 AM None
None
27.53

(*) Stock Price at the time of the recommendation.
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