Enbridge Energy Partners, L.P. Reports Second Quarter 2018 Results
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
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Source: PR Newswire
HOUSTON, Aug. 2, 2018 /PRNewswire/ - Enbridge Energy Partners, L.P. (NYSE: EEP) (EEP or the Partnership) today reported second quarter 2018 financial results and provided a quarterly business update. EEP reported net income of $187 million, of which $95 million is attributable to EEP's controlling interests, for the second quarter ended June 30, 2018, with net income per unit of $0.19. The second quarter results included net non-recurring special items of $17 million, which increased net income per unit by $0.04.SECOND QUARTER HIGHLIGHTS:Solid quarter supported by strong Lakehead volumesReceived non-binding offer from Enbridge Inc. (Enbridge), the indirect parent of EEP's General Partner (GP), together with a wholly-owned subsidiary of Enbridge, to acquire all of the outstanding EEP units not beneficially owned by Enbridge and its affiliates; a special committee of independent directors has been established to review and consider the offerMinnesota Public Utilities Commission (MPUC) v
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