Phillip Spears/DigitalVision via Getty Images Buying a home is often the biggest financial transaction that one will make in their lifetime, and in turn, the monthly mortgage payment likely holds priority over most other things in one's household budget. That's why it's so important to secure a recurring funding source for this expense in both good times and bad. While income from a job could be the primary source, I prefer to secure alternative sources that can help me sleep better at night knowing that if ...

These energy stocks have insulated much of their business from oil price volatility. Oil prices are notoriously volatile. Over the past year, they have gone from a peak above $90 a barrel to a low point in the $60s. That volatility can have a significant impact on the earnings produced by oil companies. However, some oil stocks are much less susceptible to the ebbs and flows of crude prices. Midstream giants Enterprise Products Partners (EPD -0.17%), Oneok (OKE 0.47%), and Enbridge (ENB -0.03%) stand out to ...

Enbridge Pipeline on the Map wwing/iStock via Getty Images We upgraded Enbridge Inc. (NYSE:NYSE:ENB, TSX:TSX:ENB:CA) from a buy to a strong buy when we wrote on it earlier this year. This upgrade was based on our review of the Q4 numbers. Fantastic execution of a recent purchase, a good standing with the credit agencies and a blowout guidance for 2024 played into our reasoning for the upgrade. The selling after the initial euphoria made sense in this bubble stock era, and it only helped in making ENB a bett ...

Enbridge has many ways to capitalize on AI-powered growth drivers. Enbridge (ENB -0.03%) has quietly done a magnificent job of growing value for its shareholders over the long term. The Canadian energy infrastructure giant has increased its dividend annually for nearly 30 straight years. The company's high-yielding, steadily rising dividend has helped give it the fuel to produce an 11% average annual total shareholder return over the last 20 years. The pipeline and utility company should have plenty of powe ...

CALGARY, AB, May 17, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series R (Series R Shares) will be converted into Cumulative Redeemable Preference Shares, Series S (Series S Shares) on June 3, 2024. At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing E ...

Enbridge Inc. (ENB) is setting the stage for a significant equity raise aimed at partially funding its ambitious $9.4-billion acquisition of three natural gas utilities from Dominion Energy (D) . With the acquisition process moving forward, Enbridge successfully closed the purchase of Dominion's East Ohio Gas last month. ENB anticipates the completion of the acquisitions of Questar Gas and its related Wexpro companies, along with Public Service Co. of North Carolina, within the year. This strategic expansio ...

Time 1 IN spooh Early this year, I circulated an article comparing two very enticing dividend stocks - Enbridge (NYSE:ENB) versus Enterprise Products Partners (EPD). At that time, my analysis showed that both stocks carry the right characteristics to be included in dividend seeking investor portfolios, who focus not only on high income, but also on its stability and defensiveness. However, at that time my recommendation was to go with EPD if I had to choose only one of them. The issue I had with ENB that ma ...

RapidEye Since then, ENB has returned 7%, beating the S&P 500 by roughly 150 basis points. Data by YCharts As a result, whenever I wrote an article, readers complained about ENB getting a lot of coverage from analysts without ever showing a decent return. The problem is that ENB's long-term performance is still poor. Don't get me wrong. I agree! Over the past ten years, Toronto-listed ENB shares have returned 73%, including dividends. New York-based shares have returned just 38%. It's North America's larges ...

That, meanwhile, is backed by a strong balance sheet, with the company's debt-to-EBITDA also within management's target range, which in this case is between 4.5 and 5 times. To be fair, that's higher than most midstream companies, but it is also lower than most utility companies. That is where the story gets a bit more interesting. Enbridge is getting more boring in 2024 Although Enbridge's core midstream operations have always been fairly reliable, it is in the process of buying three more regulated natura ...

Enbridge (ENB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this oil and natural gas transportation and power transmission company have returned +11% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Oil and Gas - Production and Pipelines industry, to which Enbridge belongs, has gained 7% over this period. Now the key question is: Where could ...