People are kind of negative on the sector. Pipelines in general are not everybody’s favourite asset right now. Dividend yield of over 10% tells you people are very nervous about them covering the dividend.
Theoretically this would take a hit if interest rates went up, but there is going to be a pull and a push on this. If you have the higher underlying commodity pricing, that would support one aspect of it, but a headwind on the rising rate environment is going to affect you.
The volume has been stepping up a bit. The interest in the stock has been accompanied by increased volume, which is good. He thinks it is favourable here. The increase in volume tells him it is trying to build a base. Ease into the stock, thirds a couple of weeks apart.
Enbridge Energy Partners LP. is a American stock, trading under the symbol EEP-N on the New York Stock Exchange (EEP). It is usually referred to as NYSE:EEP or EEP-N
In the last year, there was no coverage of Enbridge Energy Partners LP. published on Stockchase.
Enbridge Energy Partners LP. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Enbridge Energy Partners LP..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Enbridge Energy Partners LP. In the last year. It is a trending stock that is worth watching.
On 2019-04-08, Enbridge Energy Partners LP. (EEP-N) stock closed at a price of $10.43.