Market Overview

Enbridge Energy Partners Sees 2012 Adjusted Net Income of $510-550M

Enbridge Energy Partners, L.P. (NYSE: EEP) today declared a cash distribution of $0.5325 per unit payable February 14, 2012 to unitholders of record on February 7, 2012.

The Partnership also announced its guidance for the full year 2012 as follows:

Adjusted net income estimated to be between $510 million and $550 million.

Adjusted operating income estimated to be between $870 million and $910 million.

Depreciation estimated to be between $320 million and $340 million.

Forecast capital expenditures of approximately $2.1 billion.

Core maintenance capital expenditures of approximately $115 million.

Posted-In: News Guidance

 

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