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Enbridge Energy Management LLC (Enbridge Energy Management LLC) Gross Margin % : 0.00% (As of Sep. 2018)


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What is Enbridge Energy Management LLC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Enbridge Energy Management LLC's Gross Profit for the three months ended in Sep. 2018 was $0.00 Mil. Enbridge Energy Management LLC's Revenue for the three months ended in Sep. 2018 was $0.00 Mil. Therefore, Enbridge Energy Management LLC's Gross Margin % for the quarter that ended in Sep. 2018 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Enbridge Energy Management LLC's Gross Margin % or its related term are showing as below:


EEQ's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.82
* Ranked among companies with meaningful Gross Margin % only.

Enbridge Energy Management LLC had a gross margin of N/A% for the quarter that ended in Sep. 2018 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Enbridge Energy Management LLC was 0.00% per year.


Enbridge Energy Management LLC Gross Margin % Historical Data

The historical data trend for Enbridge Energy Management LLC's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enbridge Energy Management LLC Gross Margin % Chart

Enbridge Energy Management LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
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Enbridge Energy Management LLC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Enbridge Energy Management LLC's Gross Margin %

For the Oil & Gas Midstream subindustry, Enbridge Energy Management LLC's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enbridge Energy Management LLC's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge Energy Management LLC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Enbridge Energy Management LLC's Gross Margin % falls into.



Enbridge Energy Management LLC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Enbridge Energy Management LLC's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Enbridge Energy Management LLC's Gross Margin for the quarter that ended in Sep. 2018 is calculated as


Gross Margin % (Q: Sep. 2018 )=Gross Profit (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Enbridge Energy Management LLC  (NYSE:EEQ) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Enbridge Energy Management LLC had a gross margin of N/A% for the quarter that ended in Sep. 2018 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Enbridge Energy Management LLC Gross Margin % Related Terms

Thank you for viewing the detailed overview of Enbridge Energy Management LLC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Enbridge Energy Management LLC (Enbridge Energy Management LLC) Business Description

Traded in Other Exchanges
N/A
Address
Enbridge Energy Management LLC 's sole asset is its 19% limited partner ownership stake in Enbridge Energy Partners, a pipeline master limited partnership. Beyond its ownership of a part of the large Lakehead pipeline system, Enbridge Energy Partners has several smaller crude pipelines in the United States, as well as a natural gas gathering and transportation business. Enbridge Energy Management was created so institutional investors could more easily invest in Enbridge Energy Partners.
Executives
Stephen J Neyland director, officer: Vice President 5400 WESTHEIMER COURT, HOUSTON TX 77056
Mark A. Maki director, officer: President 425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
Laura Buss Sayavedra director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Allen C Capps officer: Controller 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
William S Waldheim director 304 MARINA VIEW CT., LAKEWAY TX 78734
Cynthia L Hansen officer: Sr.VP-Liquids Pipelines, Ops 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
John K Whelen director 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
D Guy Jarvis director, officer: Exec Vice Pres.-Liquids PL 3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
C Gregory Harper director 185 INTERNATIONAL DRIVE, PORTSMOUTH NH 03801
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Martha O Hesse director 4171 AUTUMN HILLS DRIVE, ., WINNEMUCCA NV 89445-6100
Byron C Neiles officer: Vice President -Major Projects 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
George K Petty director 1317 HANOVER PLACE, SAN LUIS OBISPO CA 93401
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Albert Monaco officer: Executive Vice President #3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8