Entry: Growth of Enbridge Energy Partners Nov 15, 2008



Enbridge Energy Partners is a leader in delivering natural gas, liquid petroleum and crude oil as well as in energy transportation in the market. The company also operates natural gas in the Gulf Coast regions of the US and in the Mid-Continent. The company’s goal is simply to deliver excellent earnings growth while sustaining the low risk profile of the company. Another goal of the company is to deliver total returns to shareholders.

In many industries, competition is always present. And to exceed other competitors in the field of stocks, Enbridge Energy Partners has laid down some strategies. These strategies include the processes which deal with succession planning and strategic planning. These two processes have contributed to the basic direction of the company. There are four major company’s strategies which are always being considered. The first one is to acquire assets from third parties to capitalize the Enbridge Income Fund vehicles and Enbridge Energy Partners. Second is to increase the assets and continue expanding the core businesses through acquisition of strategic assets and organic growth. The four main business cores are the Gas Distribution and Services, Gas Pipelines, International and Liquids Pipelines. The third strategy is to build up new growth platforms like gas-fired power generation, LNG regasification, marketing and storage, new energy technologies and wind power. Lastly, the company has to center its attention to operational quality such as the incentive regulatory structures.

In terms of stock, Enbridge Energy Partners has units trade on the New York Stock Exchange (NYSE). It holds about 15% interest in the Partnership by its US subsidiary Enbridge Energy Company, Inc.

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