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For the nine months ended 30 September 2018, Enbridge Energy Partners, L.P. revenues decreased 7% to $1.69B. Net income applicable to common stockholders excluding extraordinary items decreased 13% to $237M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Gain on Sale of Assets decrease of 67% to $22M (income).
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 560 | 537 | 592 | 610.4 |
Gross Profit | 473 | 485 | 515 | 541.4 |
Operating Income | 257 | 240 | 237 | 274.7 |
Net Income | 104 | 95 | 74 | -6.7 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 14950 | 14835 | 14886 | 14828 |
Total Liabilities | 13268 | 13135 | 13159 | 13058 |
Total Equity | 1682 | 1700 | 1727 | 1770 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 0 Months | 3 Months | 12 Months |
Cash From Operating Activities | 938 | 616 | 322 | 500 |
Cash From Investing Activities | -404 | -297 | -185 | -538 |
Cash From Financing Activities | -554 | -345 | -150 | 16 |
Net Change in Cash | -20 | -26 | -13 | -22 |
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