Enbridge Energy Management, L.L.C. (NYSE:EEQ)
A limited partnership company that owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States of America.
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Positive Stock for the next few years
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very interesting
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enbridge has taken a hit like most stocks in 09. this is going on my watch list as possible buy in 3rd/4th quarter of 09. fool on!!!!!!!!
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This stock is in the energy sector of the market and the industry of oil and gas operations. This stock is another stock that is well above it's 20-, 30-, and 200-day moving averages and this company did not report and revenue for the first quarter of this year and the net income totaled $12.7M up from $3.3M which it's reflect the absence of revenue generating activities.
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Same story, endbridge needs to expand service to additional markets as the tar sands production s encreases. In addition the northern pipline if it ever becomes a reality will join up to get to southern markets. good mangement.
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Natural Gas will help propel this stock upwards through the winter and into 2007.
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