CALGARY, AB, March 6, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) is providing an update on its strategic priorities and financial outlook, which will be further discussed at the Company's investor conference today in New York. A virtual broadcast of the event is also available for registered participants. Highlights Extending average annual growth rate through 2026 of: 7%-9% for adjusted earnings before interest, income taxes and depreciation ("EBITDA") 4%-6% for ea ...

Enbridge Inc. (ENB) ) announced on Monday that the Canada Energy Regulator has granted approval for the Mainline toll settlement, marking a significant development in the determination of tolls for shippers until the end of 2028.The settlement, a result of negotiations involving Enbridge, producers, refiners, integrated shippers, government entities and industry associations, establishes tariffs for the transportation of crude oil liquids. These shipments originate in western Canada and traverse across the ...

MarsBarsMarch madness is here for the markets. Bitcoin and AI stocks are soaring, while dividend stocks (SCHD)(SPYD) are floundering due to an elevated cost of capital, an increasing expectation of interest rates remaining higher for longer, and sticky inflation pushing up input costs. However, I view this situation as being a tremendous gift for long-term oriented dividend investors, as it presents numerous attractive opportunities to deploy capital at increasingly lucrative dividend yields and total r ...

CALGARY, AB, March 4, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that the Canada Energy Regulator (CER) has approved the Mainline Tolling negotiated settlement effective until December 31, 2028. The settlement sets tariffs for crude oil and liquids shipments that start in Western Canada and are delivered across Canada and North America. "We're pleased that the CER approved the settlement and believe it creates value for all. Our customers will continue ...

Enbridge (ENB 0.12%) has been a masterful dividend stock over the decades. The Canadian pipeline and utility company has paid dividends for nearly 70 years and has increased the payment for 29 straight years, growing it at an impressive 10% compound annual rate. While dividend growth has slowed in more recent years (it gave investors a 3.1% raise in 2024), it has plenty of power to continue increasing its payout in the future. The energy infrastructure giant's dividend currently yields a monster 7.9%. That ...

Stephen Maturen/Getty Images News Enbridge Inc. (NYSE:ENB) is among the largest multinational pipeline and energy companies in the world, with a market capitalization of more than $70 billion. The company is headquartered in Canada, but has integrated assets through North America. As we'll see throughout this article, the company's strong integrated assets, investment opportunities, and cash flow, make the company a valuable investment. Enbridge 2023 Performance The company had a strong 2023, exceeding ...

CALGARY, AB, Feb. 21, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will hold its annual investor conference at 9:30 a.m. ET on Wednesday, March 6, 2024. During the presentation, the Company will review its strategic plan, business unit priorities and financial outlook. The conference will be webcast live on the 'Events and Presentations' page of Enbridge's website. Details of the webcast: When:  Wednesday, March 6, 2024 7:30 a.m. MT (9:30 a.m. ET) Web ...

CALGARY, AB, Feb. 15, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series 7 (Series 7 Shares) will be converted into Cumulative Redeemable Preference Shares, Series 8 (Series 8 Shares) on March 1, 2024. After taking into account all conversion notices received from holders of its outstanding Series 7 Shares by the February 15, 2024 deadline for the conversion of the Series 7 Shares into Series 8 Shar ...

Enbridge (ENB -2.52%) can see the writing on the proverbial wall. It knows that the world needs to wean itself from its addiction to fossil fuels and switch to cleaner alternatives. That has led the Canadian pipeline and utility giant to steadily pivot its business toward lower-carbon energy.The company's investments in lower-carbon energy will help grow and sustain its cash flows so that it can continue increasing its high-yielding dividend (currently yielding 7.9%). The company made lots of progress on it ...

Bloomberg/Bloomberg via Getty ImagesHolding Steady, Dominion Gas Deal Not A Game Changer Note: All dollar values mentioned are in Canadian dollars unless specifically indicated otherwise. I last covered Enbridge common stock (NYSE:ENB) (TSX:ENB:CA) in September 2023 when a deal was announced for Enbridge to acquire three US-based natural gas distribution utilities from Dominion Energy (D). In that article from September 2023, I noted that Dominion was selling the gas utilities for questionable non-econo ...