Enbridge Energy Partners, L.P. Announces 2018 Guidance and Long Term Financial Outlook
ENBRIDGE ENERGY PARTNERS (EEP)
Last enbridge energy partners earnings: 11/1 04:22 pm
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US:NYSE Investor Relations:
enbridgepartners.com/investor-relations/eep/events-and-presentations.aspx
Company Research
Source: Marketwire
HOUSTON, TEXAS -- (Marketwired) -- 11/29/17 -- Enbridge Energy Partners, L.P. (NYSE:EEP) (EEP or the Partnership) announced today its financial guidance for 2018 as well as its long term business and financial outlook. This guidance reflects the first full year since the Partnership was restructured in 2017 to position EEP as a pure-play, liquids pipeline MLP with a low-risk commercial profile, stable cash flows, a strong balance sheet, healthy distribution coverage, visible growth and limited external capital needs. Business Outlook EEP's business outlook for the 2018 - 2020 planning period remains strong. The Lakehead system is expected to continue to deliver stable, low-risk regulated cash flow, and the volume outlook on the North Dakota assets is expected to remain robust. Cash flow growth throughout the period will be underpinned by various sources, including rising contracted volumes on the Bakken Pipeline System and higher toll surcharges on it
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