In the latest market close, Enbridge (ENB) reached $35.85, with a +0.06% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Heading into today, shares of the oil and natural gas transportation and power transmission company had gained 3.2% over the past month, lagging the Oils-Energy sector's gain of 6.92% and outpacing the S&P 500's gain of 2.16% in that ...

CALGARY, AB, April 1, 2024 /PRNewswire/ - Enbridge Inc. ("Enbridge" or "the Company") (TSX: ENB) (NYSE: ENB) announced today the closing of the agreement to sell its 50.0% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) for $3.1 billion, previously announced on December 13, 2023. This is an important milestone and Enbridge remains committed to working closely with Pembina to ensure the safe and reliable operation of the ass ...

If you are a dividend investor like me, you prize consistency in all market environments, bull or bear. A high yield backed by a dividend that gets cut is likely to lead to less income and a loss of capital. No thanks! This is why one of the first screens I use when looking for a stock is a company's history of increasing its dividend. Then, I look at the businesses behind the dividend. Enbridge (ENB 0.53%) and NextEra Energy (NEE 0.19%) both come out looking like stocks that dividend investors would want t ...

By the time the stock market next opens, April will be here. With that month comes the standard April 15 filing deadline for U.S. income taxes. As of March 15 -- one month before the deadline -- the average taxpayer getting a refund will see a decent $3,109 payment headed their way. Although in most cases, a refund simply represents a repayment of previously overpaid taxes, it still feels nice to get that cash back.Of course, one of the only things better than getting a windfall of cash is successfully inve ...

If you are a dividend investor, then Enbridge's (ENB 0.53%) 7.6% dividend yield will probably be very attractive to you. So, too, will be the 29-year streak of annual dividend increases that back that yield. But before you buy this midstream giant, you need to have a better understanding of the actual business. It isn't as clean an energy play as you might want it to be, which might attract some investors while repelling others.The midstream is a reliable nicheFrom a big-picture perspective, Enbridge is wha ...

For several decades, fossil fuels have powered Enbridge's (ENB -0.95%) dividend. The Canadian pipeline and utility operator has paid dividends for over 69 years. It has increased its payout for the past 29 straight years, fueled primarily by the growing cash flows of its fossil fuel infrastructure operations. Oil and gas will remain vital fuel sources for Enbridge's high-yielding dividend, currently 7.5%, for at least the next several years. However, the company has another driver that could deliver powerfu ...

abluecup Thesis Enbridge Inc. (NYSE:ENB) has lagged the overall market in recent months (see the next chart below), suffering a price correction of about 4% year-to-date. This article will explain why the market has good reasons for such a correction. My view is that all these reasons are temporary in nature. Thus, ENB now presents a compelling buying opportunity considering several factors in the long term. The price corrections, combined with stable fundamentals, potentially created an attractive entry po ...

The latest trading session saw Enbridge (ENB) ending at $35.52, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.Coming into today, shares of the oil and natural gas transportation and power transmission company had gained 3.2% in the past month. In that same time, the Oils-Energy sector gained 4.4%, while the S&P 500 gained 1.76%.Th ...

It’s a great time to be looking for undervalued infrastructure stocks to buy. There are increasingly pressing matters across the board. From failing water systems to toxic waste sites, crumbling highways and bridges, and dilapidated ports and transportation terminals, it seems likely that the U.S. will up spending considerably to address these concerns.In addition, it’s an election year. We could see new policy proposals around shoring up the nation’s infrastructure while creating new shovel-ready jobs. For ...

In the latest market close, Enbridge (ENB) reached $36.02, with a +0.5% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.11%. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, lost 0.41%.The oil and natural gas transportation and power transmission company's shares have seen an increase of 4.7% over the last month, surpassing the Oils-Energy sector's gain of 3.56% and the S&P 500's gain of 2.7%.The investment community will be closely m ...