AT&T Not only does the dividend look safe, but I wonder if the company will get back to raising its payout this year given how well the business has been doing lately. AT&T stock is up 8% this year but it could go much higher once interest rates come down. But even if that doesn't happen until next year, this is an excellent buy-and-hold stock to simply hang on to for the long haul. Not all investors, however, are thrilled with the Canadian-based company's $14 billion acquisition at a time when interest rat ...

Enbridge (ENB) ended the recent trading session at $35.47, demonstrating a -0.56% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. Heading into today, shares of the oil and natural gas transportation and power transmission company had lost 5.71% over the past month, lagging the Oils-Energy sector's loss of 3.25% and the S ...

Earlier this year, Enbridge Gas implemented substantial job cuts, eliminating hundreds of positions. This move was part of its cost-reduction strategy, following the acquisition of three U.S. gas utilities from Dominion Energy for $14 billion. As the situation unfolds, the focus remains on the potential impact on public safety and the effectiveness of Enbridge's emergency response capabilities in Toronto. Investors interested in the energy sector may look at some better-ranked stocks like Archrock Inc. (ARO ...

Artificial intelligence requires a shocking amount of energy, creating substantial opportunities for energy stocks to buy fueled by the unstoppable AI boom and the Nvidia-driven surge. According to The Verge, by 2027, the AI market alone could consume between 85 and 135 terawatt hours every year. That's nearly the same amount of power that runs the Netherlands in a single year. And, as noted by GlobalXETFs.com, "Connor Teskey, CEO of Brookfield Renewable Partners, stated that the market is only just startin ...

The global offshore wind market is booming. In 2023, its value was estimated at $42.43 billion. By 2028, Business Research Company expects it to nearly double, reaching $89.94 billion, with a compound annual growth rate of 15.9%. Data Bridge Market Research projects even more impressive growth, predicting the market will soar to $124.40 billion by 2031 with a CAGR of 14.4%. This remarkable expansion is fueled by rising investments in renewable energy, cutting-edge technological advancements, and supportive ...

Shares of this oil and natural gas transportation and power transmission company have returned -2.6% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Oil and Gas - Production and Pipelines industry, to which Enbridge belongs, has gained 2.1% over this period. Now the key question is: Where could the stock be headed in the near term? Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe ...

If you are looking to add some income to your portfolio in June, consider Enterprise Product Partners and Enbridge. There's one additional caveat, but it relates to both of these midstream giants. The yield is likely to make up the lion's share of your return over time. That's not going to upset dividend investors who are trying to maximize their passive income stream, but it is worth noting. Growth of the disbursements here will likely be in the low- to-mid single digits over time, driven by contractual ra ...

Analysts and investors have observed that during recent earnings calls, natural gas and oil pipeline companies have addressed the rising demand for electricity driven by data centers processing AI applications. With natural gas continuing to contribute significantly to electricity generation in the United States, it is interesting to analyze how midstream energy stocks with extensive natural gas pipeline networks are poised to gain. As the popularity of AI data centers continues to soar in the forthcoming y ...

Incremental income and visible earnings growth Enbridge secured these utility acquisitions at historically attractive valuation multiples. Because of that, it expects the utilities will be accretive to its distributable cash flow per share in the first full year of ownership. With two of the three deals now closed, they'll supply Enbridge with incremental earnings and cash flow in 2024, with the full benefit expected in 2025. Enbridge has now closed two of the three natural gas utilities it plans to acquire ...

These companies still offer compelling yields despite the market's continued rally. The S&P 500 has enjoyed a nearly unrelenting rally over the past year. It's up nearly 10% in 2024 and has surged almost 24% over the past 12 months. That has the broad-market index routinely setting new all-time highs. The S&P 500's rally also has it trading at a high-valuation multiple (more than 20 times its price-to-earnings (P/E) ratio) and low-dividend yield (around 1.3%), making it harder to find values and compelling ...