Enbridge Energy Management LLC shares are currently trading up about 1.1% on the day.
Enbridge Energy Partners, L.P. shares are currently trading up about 0.8% on the day.
Enbridge Energy Partners, L.P. shares are currently trading off about 0.9% on the day.
Enbridge Energy Management LLC shares are currently trading down about 0.8% on the day.
Enbridge Energy Partners, L.P. shares are currently trading down about 1.9% on the day.
Enbridge Energy Partners, L.P. shares are currently trading up about 2.1% on the day.
FORBES: Enbridge Energy Partners, L.P. (EEP) Shares Enter Overbought Territory
Had crews known about the Enbridge pipeline, that knowledge could have prevented additional damage, investigators concluded.
Enbridge Energy Partners, L.P. shares are currently trading up about 1% on the day.
Enbridge Energy Partners, L.P. shares are currently trading down about 0.4% on the day.
Gov. Granholm has now changed her tune and is praising Enbridge for its response.
Enbridge Energy Management LLC shares are currently trading up about 1% on the day.
Enbridge Energy Partners, L.P. shares are currently trading off about 1.2% on the day.
FORBES: Enbridge Energy Partners Stock Getting Very Oversold
The only thing Enbridge investors can bank on with this project is strong opposition.
Enbridge has taken significant heat over the notion that it waited too long to report the incident.
The 41-year-old carbon steal pipe was inspected by an Enbridge contractor for rust in 2004 and cracks in 2005.
"Learning about Enbridge's poor handling of the rupture, you can't help but think of the Keystone Kops, " Hersman said.
Enbridge has been in talks for some time with First Nations peoples, whose land lies along the proposed route.
Another Canadian company, Enbridge, is proposing a new line from the sands to the northern British Columbia port of Kitimat.
FORBES: If U.S. Says No To Canadian Oil Sands Pipeline, China Will Say Yes
One such company is Enbridge Energy Partners, L.P. ( NYSE: EEP), which saw buying by Vice President-Natural Gas Mar Janet L. Coy.
The oil spill was eventually discovered by a local utility worker and reported to Enbridge's control center, where the flow was stopped.
Oil spills are never good news for anyone but both BP and Enbridge appear to be in recovery mode at this point.
Enbridge Energy Partners, L.P. shares are currently trading -0.29% on the day.
Enbridge Inc shares are currently trading down about 0.4% on the day.
Enbridge Energy Partners, L.P. shares are currently trading -3.03% on the day.
The pipeline, owned by Enbridge, split open and started spewing oil about 6 p.m. on July 25, 2010, according to the NTSB report.
The report also cited the strong quarterly dividend history at Enbridge Inc, and favorable long-term multi-year growth rates in key fundamental data points.
In November, a pipeline deal was announced between Enbridge and Enterprise Products Partners, causing West Texas Intermediate (WTI) oil prices to jump.
"The spill likely occurred sometime the day before Enbridge reported it to the National Response Center, " said Rep. Jim Oberstar, D-Minnesota, chair of the committee.
"Instead of stopping the flow, Enbridge staff twice pumped more oil -- about 81% of the total release -- into the ruptured pipeline, " Hersman said.
It operates in 5 segments: Product pipelines, Natural gas pipeline, CO2, Terminals and Kinder Morgan Canada and competes with players like Enterprise Products Partners and Enbridge Inc.
FORBES: Kinder Morgan Q1 Earnings: Expansion Plans And Volume Growth In Focus
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