ENB Stock Recent News

W.P. Carey takes much of the risk out of owning and leasing commercial real estate. Pipeline operator Enbridge isn't as closely linked to energy prices as you might expect.

ENB plans to evacuate its staff from three offshore platforms. The platforms are likely to continue operations via remote operators.

In the most recent trading session, Enbridge (ENB) closed at $40.79, indicating a +0.99% shift from the previous trading day.

SCHD and dividend growth focused strategies that are underpinned by blue-chip names provide an attractive way for retirement investors to capture income without completely sacrificing growth. Yet, in the current environment, that comes with a clear opportunity cost. Currently, there are many defensive businesses out there that offer higher yields already from the start, while keeping the growth trajectory into a high single digit level.

Enbridge's strong financial performance, disciplined capital allocation, and favorable macro environment support my "Strong Buy" rating with a compelling 6.75% forward dividend yield. Recent earnings surpassed expectations with 8% adjusted EPS growth, despite a slight dip in DCF per share due to higher financing costs and taxes. Enbridge is well-positioned to benefit from growing energy demand and the thriving LNG industry, with significant investments in natural gas infrastructure.

Midstream companies like WMB, ENB and KMI are aligning their infrastructure to capitalize on the growing natural gas demand from expanding data centers.

The stock market and the economy frequently move in different directions. So, when you hear that the Federal Reserve is getting ready to lower interest rates, likely as early as September, it's important to understand the interplay between inflation and employment.

Kinder Morgan trades at less than 10 times cash flow. Brookfield Renewable expects to grow its earnings at a more than 10% annual rate through 2028.

ENB and PAA/PAGP are leading midstream businesses with attractive yields and strong balance sheets. ENB has a better long-term track record than PAA/PAGP, but PAA/PAGP has outperformed ENB recently. We compare them side-by-side and explain why we think only one of these is a Buy right now.

Enbridge is a large and diversified midstream company. The shares have risen 15% over the past six months compared to a 5% gain for the average energy stock.