Enbridge(ENB)
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Is High-Yield Enbridge the Best Energy Stock for You?
The Motley Fool· 2024-03-30 09:30
If you are a dividend investor, then Enbridge's (ENB 0.53%) 7.6% dividend yield will probably be very attractive to you. So, too, will be the 29-year streak of annual dividend increases that back that yield. But before you buy this midstream giant, you need to have a better understanding of the actual business. It isn't as clean an energy play as you might want it to be, which might attract some investors while repelling others.The midstream is a reliable nicheFrom a big-picture perspective, Enbridge is wha ...
This 7.5%-Yielding Dividend Stock Has a Powerful Emerging Growth Driver
The Motley Fool· 2024-03-25 09:31
For several decades, fossil fuels have powered Enbridge's (ENB -0.95%) dividend. The Canadian pipeline and utility operator has paid dividends for over 69 years. It has increased its payout for the past 29 straight years, fueled primarily by the growing cash flows of its fossil fuel infrastructure operations. Oil and gas will remain vital fuel sources for Enbridge's high-yielding dividend, currently 7.5%, for at least the next several years. However, the company has another driver that could deliver powerfu ...
Enbridge: Market's Near-Term View Vs. The Long-Term View
Seeking Alpha· 2024-03-19 17:01
abluecup Thesis Enbridge Inc. (NYSE:ENB) has lagged the overall market in recent months (see the next chart below), suffering a price correction of about 4% year-to-date. This article will explain why the market has good reasons for such a correction. My view is that all these reasons are temporary in nature. Thus, ENB now presents a compelling buying opportunity considering several factors in the long term. The price corrections, combined with stable fundamentals, potentially created an attractive entry po ...
Enbridge (ENB) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-03-18 22:56
The latest trading session saw Enbridge (ENB) ending at $35.52, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.Coming into today, shares of the oil and natural gas transportation and power transmission company had gained 3.2% in the past month. In that same time, the Oils-Energy sector gained 4.4%, while the S&P 500 gained 1.76%.Th ...
The 3 Most Undervalued Infrastructure Stocks to Buy in March 2024
InvestorPlace· 2024-03-13 18:05
It’s a great time to be looking for undervalued infrastructure stocks to buy. There are increasingly pressing matters across the board. From failing water systems to toxic waste sites, crumbling highways and bridges, and dilapidated ports and transportation terminals, it seems likely that the U.S. will up spending considerably to address these concerns.In addition, it’s an election year. We could see new policy proposals around shoring up the nation’s infrastructure while creating new shovel-ready jobs. For ...
Enbridge (ENB) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-03-11 22:56
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 (ENB) Expands U.S. Footprint With East Ohio Gas Deal
Zacks Investment Research· 2024-03-11 13:31
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 ...
4 Supercharged Dividend Stocks to Buy if There's a Stock Market Sell-Off
The Motley Fool· 2024-03-11 13:16
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 ...
Enbridge: 3 Factors That Triggered Rating Upgrade
Seeking Alpha· 2024-03-11 09:11
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 ...
2 Energy Stocks to Buy Hand Over Fist in March
The Motley Fool· 2024-03-10 11:47
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% ...