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 ...

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 ...