ENB Stock Recent News

CALGARY, AB , May 15, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced an agreement whereby the Stonlasec8 Indigenous Alliance Limited Partnership (the "First Nations Partnership"), which currently represents 36 First Nations in B.C., will make an investment of approximately CAD$715 million in Enbridge's Westcoast natural gas pipeline system, resulting in the First Nations Partnership owning a 12.5% interest in that system, subject to certain closing conditions as well as customary closing adjustments.

Mick Jagger and the Rolling Stones were right when they sang "You Can't Always Get What You Want." In many cases, we have to be willing to settle for less than what we'd prefer.

The minimization of commodity price volatility in ENB's business model stems from the fact that regulated or take-or-pay contracts support 98% of its EBITDA.

Investing like Warren Buffett doesn't mean you have to copy his moves. Instead, you just have to think like him and apply his investing principles.

Energy is vital to the modern world, but oil is still a volatile commodity. Oil prices have come under pressure of late, which has, in turn, resulted in weakening prices for oil-related stocks.

iShares Core MSCI Canadian Quality Dividend Index ETF offers a compelling blend of foreign (Canadian) stocks and dividend income. The ETF is primarily focused on the Canadian financial and energy sectors. XDIV has outperformed many American dividend funds recently, benefiting from the weakening U.S. dollar and strong Canadian market performance. Despite its concentrated portfolio, XDIV's low expense ratio and solid dividend yield make it an attractive option for diversification.

Enbridge has achieved 18% YoY adjusted EBITDA growth, driven by strong operations, favorable currency, and a diversified portfolio with >98% regulated or take-or-pay contracted EBITDA. The company is expanding its midstream assets, including $3 billion in low-risk projects, significant investments in the Permian Basin, and a 10% equity interest in the Matterhorn pipeline. Enbridge's financials are robust, with $5.8 billion in adjusted EBITDA for Q1 and a high-single-digit DCF yield supporting a 6% dividend yield.

ENB Q1 earnings and revenues beat estimates, driven by higher Adjusted EBITDA contributions across its key business segments. Revenues also increase from the prior-year level.

Enbridge common shares' recent gains in USD are due to a stronger Canadian dollar, with resistance at CAD65 still in place after 10 years. Preferred shares offer better yields and no currency risk for US investors. Series L has the highest capital gain potential if called and the earliest reset date. Enbridge's full-year guidance reflects slow steady growth. New projects on the mainline and gas transmission lines in Texas support 3-5% growth into the future.

Enbridge Inc. reported record first-quarter 2025 earnings, with a 67.62% revenue increase and a 59.11% net income rise year-over-year. Despite strong financial performance, Enbridge's stock underperformed the MSCI Canada Index over the five-day period that included the results. Enbridge's natural gas utilities helped it during the quarter, but they will not be as helpful over the next few quarters. The company's forward results may exhibit some seasonality.