CALGARY, AB, June 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of the Questar Gas Company ("Questar Gas") and its related Wexpro companies ("Wexpro" and collectively with Questar Gas, "Questar") from Dominion Energy, Inc. ("Dominion"). The Questar Gas utility will be doing business in Utah as Enbridge Gas Utah, in Wyoming as Enbridge Gas Wyoming, and in Idaho as Enbridge Gas Idaho. Questar will join Enbridge's Gas Di ...

z1b While the high-yield sector (SCHD) has largely recovered in recent weeks, several high-quality, high-yield dividend growth stocks remain well below their all-time highs. These stocks currently offer compelling combinations of safe and attractive current income, strong dividend growth potential, and significant valuation multiple expansion potential moving forward. We are loading up on several of these in our portfolio. In this article, we will discuss two of our favorites at the moment. #1. TC Energy St ...

With a huge 7.3% dividend yield and decades of annual dividend increases behind it, Enbridge has fallen into a period of slower growth. Management put a number on that, too, with guidance of roughly 3% distributable cash-flow growth each year between 2023 and 2026. The dividend won't grow any faster than that and may, in fact, grow more slowly. The big yield was always going to be the key driver of investor returns with Enbridge, but it could be virtually all of the return for a couple of years. Management ...

n I 1 X H x I er I I H n I I F I I - 2025 ISD) chrlif Enbridge (NYSE:ENB)(TSX:ENB:CA) is a large Canadian midstream company with a market capitalization of almost $80 billion USD. The company saw a late April dip to more than 10% below the current price at less than $33 / share. As we'll see throughout this article, despite the recovery from that dip, the company still remains a valuable investment opportunity. Enbridge Q1 2024 Results Enbridge managed to achieve strong results in the quarter, with a double ...

You might find incredible investments by looking forward a decade and trying to figure out who's working to put that future in place today. At its core, investing is all about the future. In typical approaches that try to put a value on a company's stock, prospective investors start by estimating the amount of money the company will generate for its owners over time. That future cash generating ability -- discounted for the fact that a potential $1 in your pocket next year is worth less than $1 of certain c ...

These pipeline companies are excellent options for those seeking to collect passive income. Investing in high-yield dividend stocks is an easy way to turn idle cash sitting in your portfolio into a lucrative income stream. High-quality income producers can provide you with a steadily rising stream of dividend income. Pipeline giants Enbridge (ENB 0.75%) and Enterprise Products Partners (EPD) are no-brainers among high- yield dividend stocks. They have superior track records of increasing their already sizab ...

In the past, when I have written about companies in this market, I have often said that revenue and net profits are not terribly significant when it comes to evaluating these firms. It all boils down to how they generate revenue and where their profits actually derive from. A lot of the activity that these companies engage in involves the transportation of oil, natural gas, and other resources. They capture the true value from the spread between the price at which these products come into their network and ...

Innovative Industrial Properties (IIP) is a real estate investment trust that focuses on the cannabis industry. While investing in cannabis stocks can be risky, IIP makes for a bit of a safer option as it isn't involved in growing or selling cannabis itself. It does, however, lease out properties to growers. And its financials have been fairly sound. Last quarter, for the period ending March 31, IIP reported funds from operations (FFO) per share of $1.98, which was only slightly less than the $2.04 it repor ...

Phillip Spears/DigitalVision via Getty Images Buying a home is often the biggest financial transaction that one will make in their lifetime, and in turn, the monthly mortgage payment likely holds priority over most other things in one's household budget. That's why it's so important to secure a recurring funding source for this expense in both good times and bad. While income from a job could be the primary source, I prefer to secure alternative sources that can help me sleep better at night knowing that if ...

These energy stocks have insulated much of their business from oil price volatility. Oil prices are notoriously volatile. Over the past year, they have gone from a peak above $90 a barrel to a low point in the $60s. That volatility can have a significant impact on the earnings produced by oil companies. However, some oil stocks are much less susceptible to the ebbs and flows of crude prices. Midstream giants Enterprise Products Partners (EPD -0.17%), Oneok (OKE 0.47%), and Enbridge (ENB -0.03%) stand out to ...