deepblue4you Investment Thesis Enbridge (NYSE:ENB) is a combined liquids and natural gas midstream company, that also provides some utility service to end customers. ENB's revenue profile is somewhere between a typical midstream player and a utility. This provides a revenue floor during low-price periods, though the tradeoff is often a cap on return on equity. ENB is undergoing a repositioning, expanding both its utilities segment with $14 billion in acquisitions, and its Gulf Coast operations with more tha ...

These two stocks offer great dividends and potential share price growth. Plus, you'll sleep well at night holding them. Energy is a foundation for not just the economy but modern life. That makes it a great place to look for longterm investment ideas -- stocks you can reasonably buy and expect to hold indefinitely. However, some energy companies, like those that drill for oil and gas, can be volatile because they are affected by outside factors, like the price of oil. Instead, investors should consider ener ...

TTTTTLE LI JHVEPhoto Note: All amounts discussed are in Canadian Dollars. All security prices discussed are for those trading on TSX in Canadian Dollars We have generally been enamored with the whole suite of options for Enbridge Inc. (NY SE:ENB) (TSX:ENB;CA) prefered shares. So it was unusual for us to nake the case for ENB common shares. It was equally unusual to tag the "Strong Buy" rating, but that is precisely what we did in February. If you can make 300% annualized chasing bubble stocks, who the heck ...

n I 1 X H x I er I I H n I I F I I - chrlif Enbridge (NYSE:ENB) (TSX:ENB) (TSX:ENB:CA) is one of the largest midstream companies in the world with a market capitalization of $80 billion. The company has a dividend yield of more than 7% and one of the most impressive midstream asset portfolios in the industry. As we'll see throughout this article, that supports the company's ability to continue driving shareholder returns. Enbridge Mid-Year Update Enbridge has performed well going into the mid-year update fo ...

n I 1 X H x I er I I H n I I F I I - ENB 62.43% Gross Profit Margin EBIT Margin 21.14% EBITDA Margin 32.16% Net Income Margin 13,54% Levered FCF Margin 9.18% chrlif Introduction I gave a 'Strong buy' recommendation for Enbirdge (NY SE: ENB) in April. I am quite happy because ENB delivered almost 13% total return to investors after my recommendation. My updates to fundamental and valuation analyses suggest that there are no reasons to become less bullish about ENB and I reiterate my Strong Buy' rating. The l ...

Enbridge Inc. (ENB) reported second-quarter 2024 adjusted earnings per share (EPS) of 42 cents, which missed the Zacks Consensus Estimate of 45 cents. The bottom line also decreased from the year-ago quarter's figure of 51 cents. However, total quarterly revenues of $8.3 billion increased from $7.8 billion in the prior-year quarter. The top line also beat the Zacks Consensus Estimate of $5.7 billion. The weak quarterly earnings resulted from increased financing costs, higher income taxes and greater depreci ...

Enbridge is capitalizing on opportunities to supply energy to data centers. Oil has been fueling the industrial economy for over a century. It's still important today and likely will remain vital for years to come. However, the digital economy runs on a different fuel: data. Companies rely on data centers to process and store data for their cloud computing and artificial intelligence (AI) applications. And those power-hungry facilities require massive amounts of energy. That's playing right into the hands o ...

imaginima Introduction Whenever I discuss Enbridge Inc. (NYSE:ENB) (TSX:ENB:CA), I get comments from disappointed investors who wonder why on earth I'm bullish on a stock that has generated no shareholder value in "recent" years. These comments make sense. After all, over the past ten years, Toronto-listed Enbridge shares have returned negative 2%. This includes its dividend! New York-listed shares have lost 23%, also including dividends. The difference is caused by unfavorable currency translations during ...

Enbridge has everything it needs to continue supplying investors with a steadily rising income stream. Enbridge (ENB 0.96%) is North America's largest energy infrastructure operator. The Canadian pipeline and utility company transports 30% of the oil produced in North America and 20% of the gas consumed in the U.S. and operates the continent's largest gas utility. And for good measure, it's a leading global renewable power producer. Those assets help Enbridge pay a well-supported dividend, which currently y ...

Core Viewpoint - Enbridge's preferred shares are being highlighted as a safer investment option within the fixed income portfolio, especially given the recent preferred dividend reset and the company's Q2 results [2][3]. Financial Performance - Enbridge reported total revenue of C$11.3 billion for Q2 2024, marking a 9% increase year-over-year, although operating expenses rose by approximately 12%, leading to a 3% decrease in operating income to C$2.27 billion [4][5]. - The company achieved a net profit of C$2 billion, stable compared to the previous year, with C$1.94 billion attributable to equity holders [6][9]. - The distributable cash flow (DCF) for Q2 was C$2.86 billion, resulting in a DCF per share of C$1.34, while the first half of the year saw a DCF per share of C$2.97 [9][11]. Preferred Shares Overview - Enbridge's Series 3 preferred shares will have a new preferred dividend rate of 5.288% starting September 1, 2024, until August 2029, based on the five-year Canada government bond yield plus a 238 basis point markup [14][17]. - The Series 3 preferred shares are currently trading at a significant discount to par, offering an implied yield of 7.3% for the next five years [15][18]. - The company requires less than 10% of its profit to cover preferred dividends, indicating a strong coverage ratio for preferred shareholders [7][11].