CALGARY, AB, May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2024 financial results, reaffirmed its 2024 financial guidance and provided a quarterly business update. Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) First quarter GAAP earnings of $1.4 billion or $0.67 per common share, compared wi ...

Company outlines progress across environment, social and governance priorities CALGARY, AB, May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today published its 2023 Sustainability Report. This report provides an overview of the Company's strategy and approach on sustainability, and details progress towards achieving its environment, social and governance goals. These goals include reducing operational greenhouse gas (GHG) emissions to achieve net-zero by 2050, achi ...

Investors are always looking for stocks that are poised to beat at earnings season and Enbridge Inc. (ENB) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Enbridge is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicat ...

CALGARY, AB, May 8, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Management Information Circular dated March 5, 2024.  Enbridge is pleased to welcome Theresa B.Y. Jang to the Board.  Ms. Jang has 30 years of financial leadership experience with m ...

Investors are closely monitoring Enbridge Inc. (ENB) as it prepares to announce first-quarter 2024 earnings on May 10, before the opening bell.Despite possessing a stable and low-risk business model, the stock has been lagging behind the Zacks Oil & Gas Production & Pipeline industry since the start of 2024. Consequently, it is advisable to closely monitor the stock ahead of its earnings announcement.Stock Price UnderperformingENB has gained 4.3% year to date, underperforming the 10% rise of its industry. E ...

JHVEPhoto/iStock Editorial via Getty Images In our last coverage of TC Energy Corporation (TSX:TRP:CA) (NYSE:TRP) we recognized the strong results that were helping deliver yet another dividend increase for the company. At the same time, we found TRP to be lagging in other metrics when benchmarked against other midstream companies in Canada. Ultimately, we came away with a "hold" rating as we continued to hold the shares as well. While we do own TC Energy Corporation shares, our covered calls (with $35 ...

Enbridge (ENB) ended the recent trading session at $35.96, demonstrating a +0.39% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.32%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq added 0.35%.The oil and natural gas transportation and power transmission company's shares have seen a decrease of 1% over the last month, not keeping up with the Oils-Energy sector's gain of 4.43% and outstripping the S&P 500's loss of 2%.Analysts and investors alike ...

CALGARY, AB, April 24, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on June 1, 2024 to shareholders of record on May 15, 2024.  The amount of the dividend is consistent with the March 1, 2024 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares.  All dividends are payable on June 1, 2024 to shareholders of record ...

The energy sector is going through a big transition, but these two industry giants are trying to change along with it.If you're considering investing in the energy sector, it is hard to avoid the concerns around the shift from carbon fuels to cleaner alternatives like solar and wind power. You do need to take into account the transition that is taking place, but the important takeaway is that it is a slow-moving change.That's why energy companies like Enbridge (ENB 0.20%) and TotalEnergies (TTE 0.52%), with ...

Enbridge (ENB) closed at $35.43 in the latest trading session, marking a +0.23% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.59%.The oil and natural gas transportation and power transmission company's shares have seen a decrease of 1.64% over the last month, not keeping up with the Oils-Energy sector's gain of 3.58% and outstripping the S&P 500's loss of 4.16%.Analysts and inves ...