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 ...

Enbridge Inc. (ENB) ) concluded its acquisition of The East Ohio Gas Company (“EOG”) from Dominion Energy, Inc.(D) , solidifying its position in the U.S. utility sector. As part of the transaction, EOG will now operate under the name Enbridge Gas Ohio and will become a part of Enbridge's Gas Distribution and Storage Business Unit.The deal, valued at $14 billion (C$19.1 billion), is part of a series of agreements inked by Enbridge in 2023 to acquire three natural gas distribution companies from Dominion Ener ...

The U.S. stock market is currently at all-time highs, which has been a joy for investors. But nothing lasts forever, and sell-offs are a normal part of long-term investing. Instead of panicking, treat sell-offs like an opportunity to buy great companies at lower prices.Buying dividend stocks at lower prices means starting with higher yields and generating more passive income with your money. Here are four fabulous dividend energy stocks as prime buys that can put lots of cash in your pocket.When prices fall ...

spooh Earlier this year, I wrote an article comparing Enbridge (NYSE:ENB) with a closely related peer, Enterprise Products Partners (NYSE:EPD). The analysis showed that both companies carry some attractive fundamental characteristics, which are critical for yield-seeking investors to have in order to capture growing streams of current income while keeping the financial risk in balance. Yet, the final recommendation was to go long EPD and put ENB on hold. The motivation behind de-emphasizing ENB lay in the C ...

Energy is a very difficult sector for dividend investors to invest in because of the dramatic swings in oil and natural gas prices. There are a few energy producers, like ExxonMobil and Chevron, that have managed to reward investors with reliable dividend growth through the cycle, but they are the exception and not the norm. For more conservative income investors a better energy option is the midstream niche of the energy sector, where giants Enterprise Products Partners (EPD -0.36%) and Enbridge (ENB 0.39% ...

A welder works on a pipeline. Berkut_34 Those who have followed me over the years know that I believe the next couple of decades will be solid for the midstream industry. My rationale for this belief hinges on oil and gas being life-sustaining commodities with no immediate substitutes. Enbridge 2024 Investor Day Presentation As I noted in my article on ONEOK (OKE) earlier this week, demand for these commodities has nowhere to go but up in the next 20-plus years. This is because building out a growing gl ...

Enbridge (ENB 0.39%) has enriched investors over the years. The Canadian energy infrastructure behemoth pays a massive and steadily growing dividend (currently yielding 7.7%). The high-yielding payout, combined with its growing earnings, has given it the fuel for an 11.2% compound annual growth rate in its total shareholder return over the last 20 years. That's outperformed the S&P 500's total return of 9.7%, as well as Enbridge's peers in the utilities (8%) and midstream (7.7%) sectors.The pipeline and uti ...

Enbridge Inc. (ENB) is optimistic about the prospects of its Mainline pipeline system, as Canada oil production is anticipated to grow significantly, potentially surpassing the country's pipeline export capacity by 2026, per a Bloomberg report.During its investor day in New York, Enbridge projected Canada oil production to increase more than half a million barrels per day before 2030.The positive outlook comes despite previous concerns that the Trans Mountain pipeline expansion, which aims to elevate the co ...

JamesBrey In January, I discussed Enbridge (NYSE:ENB) and MPLX (MPLX) as great investment choices for generating life-long passive income. Since then, ENB has reported its Q4 2023 results and provided guidance for 2024. In this article, I will break down those results and discuss why ENB - with its yield sitting at nearly 8% on a forward basis - is a retiree's dream stock right now. ENB Stock Q4 Results ENB's Q4 results were quite solid and enabled the company to make 2024 a highly successful year, with ...

Enbridge (ENB 0.78%) has been one of the best dividend stocks in the oil patch throughout the years. The Canadian pipeline and utility company has increased its payout for 29 straight years. It currently boasts a 7.7% dividend yield, which is well above average.That big-time payout should continue rising. One factor driving that view is the company's ability to continue expanding its portfolio of income-producing energy infrastructure assets. Enbridge recently added a few more projects to its portfolio, giv ...