Enbridge Energy Partners nabs No. 3 spot on Houston Chronicle 100 list

Annual index ranks region's top public companies based on financial metrics

Last December, we turned the taps – on greater North American energy security and self-sufficiency.

With the opening of our Flanagan South and Seaway Twin lines, Enbridge established the industry’s first large-volume pipeline network from Alberta to Texas, delivering a secure, stable supply of North American crude to the heavy-oil-hungry refining market in the Houston area.

That historic event, along with other factors, has helped Enbridge Energy Partners, an Enbridge company, earn a spot near the top of the annual Houston Chronicle 100 list of the top public companies based in the region.

This year, Enbridge Energy Partners – which employs 740 people in Houston, and more than 3,400 across the United States – earned the No. 3 spot overall, driven by strong gains in earnings-per-share and strong shareholder return.

The annual Houston Chronicle 100 list is calculated by S&P Capital IQ, and based on four financial metrics including revenue and earnings per share growth.

In referring to Enbridge’s December milestone, Enbridge Energy Partners president Mark Maki tells the Chronicle: “A number of years ago, the company was thinking, ‘We need to get additional access to the Gulf Coast, because the refining complex there is by far the most sophisticated anywhere.’ (In 2014), that strategy really kind of kicked in.”

Life takes energy. And energy, in turn, needs stability. Connecting Alberta crude to U.S. Gulf Coast refineries puts us all one step closer to North American energy independence – and reflects Enbridge’s role in leading the North American energy transformation.

Midcoast Energy Partners, another Enbridge affiliate, was named No. 65 on this year’s Houston Chronicle 100 list.