Enbridge Inc. (ENB) has announced a reduction in tolls for its Canadian oil export pipelines, following increased competition from the newly expanded Trans Mountain pipeline system. The tolls for shipping heavy crude from Hardisty, Alberta, to Texas via Enbridge's network will drop to $9.4877 per barrel from the previous $10.7006 per barrel, per a Bloomberg report. Impact of Trans Mountain Expansion The tolls were reduced after the Trans Mountain Expansion ("TMX") began operations. The TMX now enables the t ...

Enbridge Inc. (ENB) CEO Greg Ebel has made a bullish forecast for global oil demand, stating that it will continue to grow well in the coming decades. Speaking in an interview with Bloomberg on Tuesday, Ebel said that oil consumption could potentially exceed 100 million barrels per day (bbl/day) by 2050, reaching more than 110 million bbl/day. The CEO's outlook is driven by ongoing economic growth, particularly in developing countries, where demand for "lighter, faster, denser (and) cheaper" energy is on th ...

Enbridge is in the middle of finalizing a series of three utility acquisitions, which will materially shift its business. The big attraction for investors today with Enbridge (ENB 1.11%) is the stock's hefty 6.6% dividend yield. The dividend backing that yield, meanwhile, has been increased annually (in Canadian dollars) for 29 consecutive years. And yet the backstory for Enbridge today is one of change, but in a good way -- if you like owning highyield stocks of boring and reliable businesses. Here's what ...

CALGARY, AB, Aug. 19, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that 1,502,775 of its outstanding Cumulative Redeemable Preference Shares, Series 3 (Series 3 Shares) were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Preference Shares, Series 4 of Enbridge (Series 4 Shares), effective on September 1, 2024. As a result, on September 1, 2024, Enbridge will have 22,497,225 Series 3 Shares and 1,502,775 Series 4 Shares issued ...

Monty Rakusen Earnings season is both important and fascinating. We learn a lot about the state of corporate America and get a lot more data to research our favorite investments. So far this year, the first and second quarterly earnings seasons have been all about big tech stocks, as these stocks have been the driving force of the S&P 500. They are also the most important holdings of the world's biggest stock market index. Going into this month, the biggest S&P 500 stocks accounted for 36% of the S&P 500's ...

deepblue4you Investment Thesis Enbridge (NYSE:ENB) is a combined liquids and natural gas midstream company, that also provides some utility service to end customers. ENB's revenue profile is somewhere between a typical midstream player and a utility. This provides a revenue floor during low-price periods, though the tradeoff is often a cap on return on equity. ENB is undergoing a repositioning, expanding both its utilities segment with $14 billion in acquisitions, and its Gulf Coast operations with more tha ...

These two stocks offer great dividends and potential share price growth. Plus, you'll sleep well at night holding them. Energy is a foundation for not just the economy but modern life. That makes it a great place to look for longterm investment ideas -- stocks you can reasonably buy and expect to hold indefinitely. However, some energy companies, like those that drill for oil and gas, can be volatile because they are affected by outside factors, like the price of oil. Instead, investors should consider ener ...

TTTTTLE LI JHVEPhoto Note: All amounts discussed are in Canadian Dollars. All security prices discussed are for those trading on TSX in Canadian Dollars We have generally been enamored with the whole suite of options for Enbridge Inc. (NY SE:ENB) (TSX:ENB;CA) prefered shares. So it was unusual for us to nake the case for ENB common shares. It was equally unusual to tag the "Strong Buy" rating, but that is precisely what we did in February. If you can make 300% annualized chasing bubble stocks, who the heck ...

n I 1 X H x I er I I H n I I F I I - chrlif Enbridge (NYSE:ENB) (TSX:ENB) (TSX:ENB:CA) is one of the largest midstream companies in the world with a market capitalization of $80 billion. The company has a dividend yield of more than 7% and one of the most impressive midstream asset portfolios in the industry. As we'll see throughout this article, that supports the company's ability to continue driving shareholder returns. Enbridge Mid-Year Update Enbridge has performed well going into the mid-year update fo ...

n I 1 X H x I er I I H n I I F I I - ENB 62.43% Gross Profit Margin EBIT Margin 21.14% EBITDA Margin 32.16% Net Income Margin 13,54% Levered FCF Margin 9.18% chrlif Introduction I gave a 'Strong buy' recommendation for Enbirdge (NY SE: ENB) in April. I am quite happy because ENB delivered almost 13% total return to investors after my recommendation. My updates to fundamental and valuation analyses suggest that there are no reasons to become less bullish about ENB and I reiterate my Strong Buy' rating. The l ...