| Enbridge Energy Partners is a holding company. Through its subsidiaries, Co. is engaged in owning and operating crude oil and liquid petroleum transportation and storage assets. Co. conducts its business in one segment which is liquids. This segment includes the operations of its Lakehead System, Bakken Assets and Mid-Continent Systems. Co.'s Lakehead system, together with the Enbridge system in Canada, form the Mainline system, operates the liquid petroleum pipeline system. Co.'s Mid-Continent system is comprised of storage terminals at Cushing, OK. Co.'s Bakken Assets consists of the North Dakota System and the Bakken Pipeline System. We show 37 historical shares outstanding datapoints in our EEP shares outstanding history coverage, used to compute EEP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EEP market cap history over the course of time is important for investors
interested in comparing EEP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EEP versus a peer is one thing; comparing
EEP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EEP can fluctuate over the course of history.
With this page we aim to empower investors researching EEP by allowing them to research the EEP market cap history.