SOURCE: Enbridge Energy Partners, L.P.
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May 04, 2017 17:15 ET
HOUSTON, TX--(Marketwired - May 4, 2017) - Enbridge Energy Management, L.L.C. (
The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of $0.35 per share and the average closing price of Enbridge Management shares for the ten consecutive trading days prior to the ex-dividend date.
About Enbridge Energy Management, L.L.C.
Enbridge Energy Management, L.L.C. manages the business and affairs of the Enbridge Energy Partners, L.P. (
About Enbridge Energy Partners, L.P.
Enbridge Energy Partners, L.P. owns and operates a diversified portfolio of crude oil transportation systems in the United States. Its principal crude oil system is the largest pipeline transporter of growing oil production from western Canada and the North Dakota Bakken formation. The system's deliveries to refining centers and connected carriers in the United States account for approximately 23 percent of total U.S. oil imports.