Enbridge Energy has an offer on the table to be acquired by its parent, but the outcome of that is unclear. Is this special situation a buy?
News & Analysis: Enbridge Energy Partners
Investors see another distribution cut coming down the pipeline.
The MLP announced its 2018 guidance and long-term financial outlook.
What do you expect is going to happen when a company announces a 40% distribution cut?
After spinning off Midcoast Energy Partners back in 2013, Enbridge Energy Partners is buying it right back.
Earnings, an analyst upgrade, and an acquisition rumor fueled the MLP last month.
Continued fears in the energy and master limited partnership space combined with an uncertain future for Midcoast Energy Partners sent shares down big time.