Enbridge Energy Partners (EEP) Offers FY12 Guidance

January 30, 2012 4:39 PM EST
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Price: $10.43 --0%

Financial Fact:
Net income: -574.6M

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Enbridge Energy Partners, L.P. (NYSE: EEP) 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.
As previously announced, 2011 results will be released in conjunction with the filing of the Partnership's audited Annual Report on Form 10-K for the year ended December 31, 2011.


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