ENB Stock Recent News
ENB LATEST HEADLINES
The U.S. Supreme Court agreed on Monday to hear Enbridge's bid to change the venue of Michigan's lawsuit seeking to force the Canadian pipeline operator to stop operating a pipeline underneath the Straits of Mackinac, waterways linking two of the Great Lakes, over environmental concerns.
I like Warren Buffett's statement that his "favorite holding period is forever." However, like Buffett, I don't usually end up holding stocks for as long as I expected to when I bought them.
Investors love dividend stocks, especially high-yield ones, because they offer a significant income stream and have substantial total return potential.
I have a confession to make. I'm much more interested in dividend stocks than I've ever been before.
Enbridge offers a top-tier income growth opportunity, driven by a diversified, fee-based business model and an ambitious $28B capital investment framework. The company boasts robust dividend coverage, a 6% distributable cash flow growth, and a 3% dividend increase, supporting its long-term dividend growth record. Acquisition-driven growth, especially in U.S. natural gas utilities, has significantly boosted adjusted EBITDA and underpins future distributable cash flow expansion.
The latest trading day saw Enbridge (ENB) settling at $45.08, representing a +1.35% change from its previous close.
ENB secures C$3B in low-risk projects as it targets stable cash flows and rising natural gas demand from data centers and LNG exports.
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest sells.
ENB edges out KMI with more insulated cash flows, stronger dividends and long-term growth visibility through 2030.
Enbridge and Energy Transfer plan pipeline expansion to move more Canadian crude to the Gulf Coast; open season runs through July 18.