|Bid||42.40 x 0|
|Ask||42.53 x 0|
|Day's Range||42.28 - 42.83|
|52 Week Range||37.36 - 51.04|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||43.99|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||2.68 (6.33%)|
|1y Target Est||52.82|
Enbridge Inc. (TSX:ENB)(NYSE:ENB) is an attractively valued play on higher oil and an income generating machine.
Enbridge Inc. is proposing a fundamental change in how it assigns space on its Mainline pipeline system that will allow up to 90 per cent of its capacity to be reserved for priority customers. The 2.85-million-barrel-per-day network of pipelines, the largest export option for western Canadian producers, operates as a common carrier, where customers nominate the volume of crude they would like to ship each month. Oilsands giant Canadian Natural Resources Ltd. has charged apportioning is a leading cause of the current "dysfunctional" oil market in Western Canada, where a lack of pipeline export space as production rises is blamed for recent steep discounts in oil prices.
The Canadian energy infrastructure giant unveiled a bullish outlook for the next several years.
CALGARY , Dec. 11, 2018 /CNW/ - Enbridge Inc. (TSX, NYSE: ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.73800 per common share, payable ...
CALGARY, Dec. 11, 2018 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB.TO - News)(NYSE:ENB - News) today announced an update to its strategic plan and longer range financial outlook. The following summarizes the key elements of the updated plan and related actions, which will be further discussed at the Company's investor conference today in New York. A 10% increase in the Company's common share dividend to $2.95 annually, effective the first quarter of 2019.
Becoming a TFSA millionaire is simple. Just load up on great stocks like Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Saputo Inc. (TSX:SAP) and let compounding to do its magic.
The size of Enbridge Inc (TSE:ENB), a CA$81b large-cap, often attracts investors seeking a reliable investment in the stock market. Risk-averse investors who are attracted to diversified streams of revenue Read More...
CALGARY , Dec. 7, 2018 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) and Enbridge Income Fund (the Fund) today announced that holders (Fund Noteholders) of certain series of the ...
Dividend stocks like BCE Inc. (TSX:BCE)(NYSE:BCE) are an attractive option as the TSX Index looks poised to finish 2018 in the red.
U.S. oil and gas production has soared since the shale revolution, and now the pipeline industry is being forced to grow in order to meet demand
Two major pipelines carrying oil from Canada to the United States resumed operations on Wednesday after brief disruptions due to power outages from severe weather in Saskatchewan, Canada, a day earlier. A number of lines on Enbridge Inc's Mainline system, which carries about 1.2 million barrels per day of crude and other liquids, and TransCanada Corp's 590,000 bpd Keystone crude pipeline were hit by power outages on Tuesday in the western Canadian province. TransCanada's Keystone pipeline was operational on Wednesday after it experienced a brief outage due to power disruptions, the company said in an emailed statement on Wednesday.
NEW YORK/VANCOUVER (Reuters) - Two major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada's oil industry just days after the Alberta government announced forced cuts in crude production. A number of lines on the Enbridge Inc (Toronto:ENB.TO - News) Mainline system, which carries crude and other liquids, were hit by power outages in the Western Canadian province of Saskatchewan due to severe weather, the company said Tuesday. TransCanada Corp's (Toronto:TRP.TO - News) 590,000 barrel-per-day crude Keystone pipeline was also shut due to the outage, according to a shipper on the line and traders.
TORONTO—A power outage in Western Canada knocked out major pipelines that transport oil to the U.S. on Tuesday, the latest setback for Canada’s bottle-necked crude exports. Corp., which operates the Keystone pipeline, which has capacity to carry 590,000 barrels, industry sources said. A TransCanada spokesman was unable to immediately confirm the company’s pipeline system was affected. The problems caused the discount between the Canadian oil benchmark, Western Canadian Select, and the U.S. benchmark, West Texas Intermediate, to widen to $24.50 a barrel Tuesday afternoon from a $23 discount on Monday, said Dylan White, market analyst for Genscape Inc.
CALGARY , Dec. 4, 2018 /CNW/ - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company) will hold its annual investor conference to discuss the Company's strategic plan and financial outlook on Tuesday, ...
Investors looking for companies that increase their dividend distributions by double-digit percentages should check out Enbridge Inc. (TSX:ENB)(NYSE:ENB) and Metro, Inc. (TSX:MRU), two Canadian gems.
Here's why Algonquin Power and Utilities (TSX:AQN) (NYSE:AQN) and another two top Canadian dividend stocks might be attractive TFSA picks right now.
Transaction Advances North American Utility Distribution Business Growth Strategy Highlights: Acquisition marks Algonquin Power & Utilities Corp.'s (APUC) first utility operation in Canada , and expands ...
CALGARY, Dec. 4, 2018 /CNW/ - Enbridge Inc. ("Enbridge" or the "Company") (TSX:ENB.TO - News) (NYSE:ENB - News) announced today that affiliates of Enbridge have entered into a definitive agreement for the sale of Enbridge Gas New Brunswick Limited Partnership and Enbridge Gas New Brunswick Inc. (together "Enbridge Gas New Brunswick" or the "Franchise") to Liberty Utilities (Canada) LP ("Liberty Utilities"), a wholly owned subsidiary of Algonquin Power and Utilities Corp., for a cash purchase price of CAD $331 million. Closing of the transaction remains subject to the receipt of regulatory approvals and other customary closing conditions expected to occur in 2019.