Enbridge(ENB)
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Enbridge Files 2024 Year End Disclosure Documents
Prnewswire· 2025-02-14 13:30
CALGARY, AB, Feb. 14, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) has filed its Form 10-K for the year ended December 31, 2024, with the United States Securities and Exchange Commission. Enbridge has also filed its audited Consolidated Financial Statements and related Management's Discussion and Analysis for the year ended December 31, 2024, with Canadian securities regulatory authorities.Copies of these documents are available electronically at www.sec.gov (U.S. filings) or www.sedarplus.ca (C ...
2 No-Brainer High-Yield Stocks to Buy With $100 Right Now
The Motley Fool· 2025-02-14 13:00
If you have $100 and are looking to generate some long-term income from an investment, you don't have to settle for the 1.2% yield on offer from the S&P 500 index. You can do much better than that without taking on a huge amount of business risk.Look no further than Enbridge (ENB 0.78%) and Enterprise Products Partners (EPD 0.85%). Both stocks trade for well below $100 a share and they are both clearly dedicated to providing a reliable, and growing, income stream to investors. Here's what you need to know.Y ...
Enbridge(ENB) - 2024 Q4 - Annual Report
2025-02-14 12:10
Financial Performance and Metrics - Management uses EBITDA as a key performance measure, providing transparency into Enbridge's performance[21] - Changes in tax rates and new tax legislation could materially affect Enbridge's financial condition and operating results[322] - The company is exposed to credit risk from customers and counterparties, which could adversely affect earnings and cash flows[308] Debt and Capital Access - A significant portion of Enbridge's asset base is financed with debt, and maintaining an investment-grade credit rating is crucial for cost-effective capital access[301] - The company maintains revolving credit facilities to support liquidity, which are subject to financial covenants[302] Commodity Prices and Project Development - Enbridge's Liquids Pipelines growth may be indirectly affected by commodity prices, with low crude oil prices potentially delaying or canceling future projects[304] - The company holds a 13.2% effective economic interest in DCP, which is impacted by commodity price fluctuations[307] Regulatory and Environmental Factors - Regulatory scrutiny and potential changes in environmental laws could increase operating costs and limit future projects[318] - Enbridge's Renewable Power Generation assets in Canada and the US are subject to variable government regulations that can negatively impact revenues[320] - Environmental regulatory approvals are critical for the operation and development of Enbridge's facilities, with potential delays leading to increased costs[315] - There has been an increase in climate-related regulatory action and litigation against companies in the energy industry[324] Legal Proceedings and Risks - The company is involved in numerous legal proceedings, with uncertain outcomes that could adversely affect financial results and reputation[324] - The company cannot predict the outcome of individual legal matters with assurance, indicating a high level of uncertainty[324] - Final resolutions of ongoing legal matters may require additional expenditures beyond established reserves, potentially impacting financial results[324] - The company is subject to various legal proceedings that could lead to adverse financial implications over an extended period[324] - Recent developments in legal proceedings are discussed in the Management's Discussion and Analysis section of the financial report[324]
Enbridge(ENB) - 2024 Q4 - Annual Results
2025-02-14 12:01
NEWS RELEASE Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities CALGARY, AB, February 14, 2025 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 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 r ...
Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities
Prnewswire· 2025-02-14 12:00
CALGARY, AB, Feb. 14, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 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.) Full-year GAAP earnings of $5.1 billion or $2.34 per common share, compared with G ...
Prediction: Buying Enbridge Today Will Set You Up for Life
The Motley Fool· 2025-02-14 11:45
If you are trying to set up a portfolio that will provide you with a lifetime of income, you'll want to take a close look at Enbridge (ENB 0.78%). Not only does this giant North American midstream company offer a compelling 6.1% dividend yield, but it is making moves today to ensure that it can continue to grow, even as the world shifts toward cleaner energy sources.Here's why I'm predicting good things for Enbridge and its shareholders in the decades ahead.What does Enbridge do?Enbridge gets lumped in with ...
Enbridge Q4 Earnings on Deck: Should You Buy Now or Wait?
ZACKS· 2025-02-13 15:16
Core Viewpoint - Enbridge Inc (ENB) is expected to report its fourth-quarter 2024 results on February 14, with earnings estimates showing a potential improvement compared to the previous year, while revenue estimates indicate a significant decline [1][2]. Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings is 52 cents per share, reflecting a 10.6% increase from the prior year's reported figure [2]. - Quarterly revenue is estimated at $4.8 billion, suggesting a 42.9% decrease from the year-ago actuals [2]. - ENB has a history of mixed earnings performance, beating estimates once, meeting once, and missing twice in the last four quarters, with an average surprise of 0.7% [3]. Earnings Prediction - The company has an Earnings ESP of +0.41%, with the Most Accurate Estimate at 53 cents per share, indicating a favorable outlook for an earnings beat [4]. Operational Overview - Enbridge operates an extensive crude oil and liquids transportation network of 18,085 miles, and a gas transportation pipeline network of 71,308 miles, making it a leading midstream energy player in North America [5]. - The company transports 20% of the total natural gas consumed in the U.S., which is expected to generate stable, fee-based revenues due to long-term contracts with shippers [6]. Stock Performance & Valuation - ENB's stock has increased by 41.6% over the past year, compared to a 48.6% rise in the industry composite [8]. - The current trailing 12-month EV/EBITDA ratio for ENB is 17.35, which is higher than the industry average of 14.70 and exceeds ratios of major competitors like Kinder Morgan Inc. (KMI) and Enterprise Products Partners LP (EPD) [10]. Investment Thesis - The company has a C$27 billion backlog of secured capital projects, which includes various midstream growth initiatives expected to enhance cash flows and support attractive dividend payments [13]. - However, ENB faces significant regulatory scrutiny and operates with a high level of debt, which is above the industry average, presenting potential financial risks [14].
3 High-Yield Dividend Stocks I Can't Wait to Buy to Boost My Passive Income
The Motley Fool· 2025-02-13 09:38
I'm about to get a big cash infusion in my portfolio. Last year, private equity giant Blackstone agreed to buy one of my holdings, Retail Opportunity Investments Corp., in an all-cash deal. That transaction should close soon. As a result of that sale, I'll lose the dividend income that the real estate investment trust (REIT) produced. That's why I plan to quickly redeploy that cash across several other income-generating investments. Among the dividend stocks I can't wait to buy are Vici Properties (VICI -0. ...
Trade War Turbulence: 2 Blue-Chip Bargains To Beat The Potential Coming Market Tumble
Seeking Alpha· 2025-02-12 12:00
Click here for a two-week free trial , so we can help you achieve better long-term total returns and your financial dreams.Since the Trade War began on Friday, Jan. 30 (the announcement of tariffs), the S&P has been flat, the Nasdaq has been up 1%, and the Mag 7 is downHe is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of ana ...
Enbridge: Well-Rounded To Maintain Stellar Dividend Yield
Seeking Alpha· 2025-02-08 16:00
My bullish Enbridge (NYSE: ENB ) call of November 19 feels good as the stock performs approximately in line with the growing broader equity market. Recent developments have reinforced bullish thesis, and the stock remains attractively valued, according toAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and act ...