Enbridge Enterprise Partners MLP | Value Investing News

Enbridge Enterprise Partners MLP

  • Before this point, EEP was trading at about a 11% distribution yield and after the April 28, 2017 announcement it was trading at about 9% (incorporating the reduced distribution).
  • On May 18, 2018 , EEP announced they received a proposal from ENB to take over EEP for 0.3083 shares per unit of EEP.
  • Just on distributions alone EEP is trading at 12.5% yield, but there is a lot more potential in the MLP post-Line 3 construction.
No votes yet
Article Link: 
Shared Count: 
Value Score: