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Bellwether Report.com Acknowledges Enbridge Energy Partners LP.

Publication: M2 Presswire
Publication Date: 31-JUL-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 July 2006-bellwetherreport.com: Bellwether Report.com Acknowledges Enbridge Energy Partners LP(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31072006

The Bellwether Report Takes Notice of Enbridge Energy Partners LP. (NYSE:EEP)

Heading up petroleum transportation around the Great Lakes is Enbridge Energy Partners (formerly Lakehead Pipe Line Partners), which owns the 1,900-mile US portion of the world's longest liquid petroleum pipeline. When combined with the Canadian segment (owned and operated by Enbridge Inc.), the pipeline system spans some 3,500 miles across North America. Other midstream assets include 4,900 miles of crude oil gathering and transportation lines and 23.4 million barrels of crude oil storage and terminaling capacity, and 11,000 miles of natural gas gathering and transportation pipelines. Enbridge Energy Management owns an 18% stake in the company.

Shares were up 3% after reporting record earnings in second quarter.

Enbridge Partners'' or ''the Partnership today declared a cash distribution of $0.925 per unit payable August 14, 2006 to unitholders of record on...

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