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Enbridge Energy Partners LP (Enbridge Energy Partners LP) Net Cash per Share : $-29.39 (As of Sep. 2018)


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What is Enbridge Energy Partners LP Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Enbridge Energy Partners LP's Net Cash per Share for the quarter that ended in Sep. 2018 was $-29.39.

The historical rank and industry rank for Enbridge Energy Partners LP's Net Cash per Share or its related term are showing as below:

EEP's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.25
* Ranked among companies with meaningful Price-to-Net-Cash only.

Enbridge Energy Partners LP Net Cash per Share Historical Data

The historical data trend for Enbridge Energy Partners LP's Net Cash per Share 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 Partners LP Net Cash per Share Chart

Enbridge Energy Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.67 -31.35 -31.95 -32.18 -29.45

Enbridge Energy Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.40 -29.45 -29.55 -29.31 -29.39

Competitive Comparison of Enbridge Energy Partners LP's Net Cash per Share

For the Oil & Gas Midstream subindustry, Enbridge Energy Partners LP's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Partners LP's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge Energy Partners LP's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Enbridge Energy Partners LP's Price-to-Net-Cash falls into.



Enbridge Energy Partners LP Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Enbridge Energy Partners LP's Net Cash per Share for the fiscal year that ended in Dec. 2017 is calculated as

Net Cash per Share (A: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(35-8089-4969)/442.257
=-29.45

Enbridge Energy Partners LP's Net Cash per Share for the quarter that ended in Sep. 2018 is calculated as

Net Cash per Share (Q: Sep. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15-8165-5103)/451.001
=-29.39

* 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.


Enbridge Energy Partners LP  (NYSE:EEP) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Enbridge Energy Partners LP Net Cash per Share Related Terms

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Enbridge Energy Partners LP (Enbridge Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Enbridge Energy Partners is a master limited partnership, formed by its general partner, Enbridge Inc. The company operates crude oil pipelines in the United States. Its crude oil infrastructure is highlighted by the Lakehead system, the U.S. portion of the Canadian Mainline pipeline system.
Executives
Dan Allen Westbrook director 5400 WESTHEIMER COURT, HOUSTON TX 77056
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
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
William S Waldheim director 304 MARINA VIEW CT., LAKEWAY TX 78734
Laura Buss Sayavedra director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Allen C Capps officer: Controller 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
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
George K Petty director, other: Reitred Director-ret.w/n 6 mos 1317 HANOVER PLACE, SAN LUIS OBISPO CA 93401
Byron C Neiles officer: Vice President -Major Projects 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Letwin Stephen J J director, officer: Managing Director HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036