Enbridge Energy Management, L.L.C.
EEQ
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- IPO Date
- Oct 11, 2002
- Similar Companies
- Business
- Enbridge Energy Management, L.L.C. (NYSE: EEQ) owns limited partner interests in Enbridge Energy Partners, L.P. and operates a portfolio of crude oil and liquid petroleum transportation and storage assets in the United States and Canada; its principal system transports oil production from western Canada and the North Dakota Bakken formation through extensive gathering and pipeline networks. The company provides energy delivery services, including the transportation of crude oil, natural gas liquids, and natural gas via pipeline systems serving key supply basins and demand markets. Founded in 2002 and headquartered in Houston, Texas, it focuses on midstream energy infrastructure primarily targeting oil producers, refiners, and utilities in North America. In December 2018, Enbridge Energy Management merged with a wholly owned subsidiary of Enbridge Inc., becoming a direct wholly owned subsidiary and simplifying Enbridge's corporate structure by rolling up public equity interests valued at US$3.5 billion; this transaction eliminated separate public trading of EEQ shares while retaining its operational role within the Enbridge group. No major acquisitions, funding rounds, new product launches, or strategic shifts specific to Enbridge Energy Management have been reported in the last 1-2 years, with recent Enbridge Inc. activities—including natural gas utility acquisitions from Dominion Energy in 2024 and renewable energy projects—occurring at the parent level. The company continues to support Enbridge's broader operations in crude oil pipelines, gas transmission, and renewables across North America.