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ENB and ET Announce Open Season for Southern Illinois Connector
ZACKS· 2025-06-25 13:21
Group 1 - Enbridge Inc. and Energy Transfer are considering expanding pipeline capacity to transport additional crude oil from the Western Canadian Sedimentary Basin to U.S. Gulf Coast markets and oil hubs in Illinois [1] - The Southern Illinois Connector project is expected to add 200,000 barrels per day of capacity through upgrades to the existing pipeline and the construction of a new segment connecting Wood River and Patoka in Illinois [2][5] - The pipeline expansion aims to meet rising industry demand for increased access from Flanagan, IL, to the U.S. Gulf Coast, supporting increased crude oil volumes from Canada [3] Group 2 - The open season for the project will close on July 18, 2025, allowing interested shippers to express their interest in reserving pipeline capacity [4] - The Southern Illinois Connector will connect to Energy Transfer's Crude Oil Pipeline at the Patoka Hub, facilitating transportation to an oil terminal in Nederland, TX, which supplies refineries in the Port Arthur region [5] - The project will assess shipper interest in securing space for rising Canadian crude exports during the open season [9]
Enbridge Inc. to Host Webcast to Discuss 2025 Second Quarter Results on August 1
Prnewswire· 2025-06-23 21:30
Core Viewpoint - Enbridge Inc. will host a conference call and webcast on August 1, 2025, to provide a business update and review its second quarter results for 2025 [1][2]. Group 1: Conference Call Details - The conference call will include prepared remarks from the executive team, followed by a Q&A session for analysts and investors [2]. - Enbridge will announce its financial results before the market opens on August 1, 2025 [2]. Group 2: Webcast Information - The webcast is scheduled for August 1, 2025, at 7 a.m. MT (9 a.m. ET) [3]. - Dial-in information for the conference call includes a North America toll-free number (1-800-606-3040) and an international number (1-646-307-1689) [3]. - A replay and transcript of the webcast will be available on Enbridge's website shortly after the event [3]. Group 3: Company Overview - Enbridge connects millions of people to energy through its North American natural gas, oil, and renewable power networks, as well as its European offshore wind portfolio [4]. - The company is investing in modern energy delivery infrastructure and advancing technologies such as hydrogen, renewable natural gas, and carbon capture and storage [4]. - Enbridge is headquartered in Calgary, Alberta, and its common shares trade under the symbol ENB on the TSX and NYSE [4].
I Am Loading Up Big Dividends For My Golden Years
Seeking Alpha· 2025-06-23 11:35
Group 1 - The article promotes a portfolio strategy that generates income without the need for selling assets, aiming to simplify retirement investing [1][2] - It emphasizes community and education, suggesting that investors should not navigate the investment landscape alone [2] - The service offers features such as model portfolios, buy/sell alerts, and regular market updates to support investors [2][4] Group 2 - The article mentions the involvement of contributors who provide insights and recommendations, indicating a collaborative approach to investment strategies [4] - It highlights the importance of monitoring positions and issuing alerts to members, ensuring active management of investments [4]
Here Are My Top 3 High-Yield Energy Dividend Stocks to Buy Now
The Motley Fool· 2025-06-21 10:30
If you are a dividend lover like I am, then you care a lot about finding stocks with big yields backed by growing dividends. That's what you'll get with Chevron (CVX 0.78%), Enterprise Products Partners (EPD 0.21%), and Enbridge (ENB -0.45%). However, there's more to understand about a company than just its yield and dividend history. Here's why these three are my top high-yield dividend stocks in the energy sector right now.Impressive dividend records start the showBefore getting into the deeper story, a f ...
Enbridge's Dividend Payment: A 30-Year Promise That Keeps Paying
ZACKS· 2025-06-20 16:00
Core Insights - Enbridge Inc. (ENB) has a strong history of returning capital to shareholders through consistent dividend payments, having increased its dividends for 30 consecutive years, positioning itself as a dividend aristocrat in the energy sector [1][8] - Unlike many energy companies affected by oil and gas price fluctuations, Enbridge maintains a solid business model with predictable cash flows, allowing it to provide regular dividends even in volatile market conditions [4][8] - Enbridge's extensive pipeline network, which spans 18,085 miles, transports 20% of the total natural gas consumed in the United States, underscoring its operational strength [4][8] Business Outlook - Enbridge anticipates approximately 5% annual business growth through 2030, which is expected to enhance cash flows and support steady dividends for long-term shareholders [5][8] - The company's shares have appreciated by 38% over the past year, outperforming the industry composite stocks' rally of 35.1% [9] Valuation Metrics - Enbridge currently trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio of 15.04X, which is higher than the broader industry average of 13.89X [11] - The Zacks Consensus Estimate for ENB's earnings for 2025 remains unchanged over the past week, indicating stability in earnings expectations [12][14]
Enbridge (ENB) Declines More Than Market: Some Information for Investors
ZACKS· 2025-06-18 22:46
Company Performance - Enbridge closed at $45.02, reflecting a -2.07% change from the previous day, which is less than the S&P 500's daily loss of 0.03% [1] - Over the last month, Enbridge's shares increased by 0.79%, underperforming the Oils-Energy sector's gain of 5.57% and slightly outperforming the S&P 500's gain of 0.6% [1] Earnings Forecast - Enbridge is expected to report an EPS of $0.42, indicating no change from the same quarter last year, with a revenue forecast of $8.97 billion, representing an 8.3% growth year-over-year [2] - For the entire fiscal year, earnings are projected at $2.12 per share and revenue at $37.6 billion, reflecting changes of +6% and -3.54% respectively from the previous year [3] Analyst Revisions and Rankings - Recent revisions to analyst forecasts for Enbridge are important as they often indicate changes in near-term business trends, with positive revisions seen as favorable for the business outlook [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Enbridge at 3 (Hold) [5] Valuation Metrics - Enbridge has a Forward P/E ratio of 21.65, which is higher than the industry average of 17.24, indicating that Enbridge is trading at a premium [6] - The company has a PEG ratio of 4.33, compared to the industry average PEG ratio of 2.62, suggesting a higher valuation relative to expected earnings growth [7] Industry Context - The Oil and Gas - Production and Pipelines industry, which includes Enbridge, has a Zacks Industry Rank of 148, placing it in the bottom 40% of over 250 industries [8]
4 Oil & Gas Pipeline Stocks to Gain Despite Industry Challenges
ZACKS· 2025-06-18 15:30
Industry Overview - The Zacks Oil and Gas - Production and Pipelines industry includes companies that own and operate midstream energy infrastructure, such as extensive pipeline networks for transporting crude oil, liquids, and natural gas [3] - The industry is capital-intensive, with a debt-to-capitalization ratio of 56.8%, which can limit financial flexibility and investment capacity [4] - Companies are increasingly investing in renewable energy projects, diversifying their portfolios to generate additional cash flows alongside stable fee-based revenues from transportation assets [3] Current Challenges - Conservative capital expenditures by upstream companies may reduce the utilization of midstream assets, impacting revenue [1] - The shift towards renewable energy is expected to decrease demand for traditional pipeline and storage networks for oil and natural gas [5] - Rising regulatory burdens and compliance costs related to greenhouse gas emissions are creating operational and financial pressures on companies [7] - Oil and gas exploration companies are focusing on shareholder returns rather than production growth, which may further reduce demand for midstream services [6] Market Performance - The Zacks Oil and Gas - Production and Pipelines industry has outperformed the S&P 500 and the broader Zacks Oil - Energy sector over the past year, with a growth of 36.2% compared to 10.6% for the S&P 500 and 6.7% for the broader sector [11] Valuation Metrics - The industry is currently trading at a trailing 12-month enterprise value-to-EBITDA (EV/EBITDA) ratio of 13.93X, which is lower than the S&P 500's 16.89X but higher than the sector's 4.9X [14] Key Companies - **Transportadora de Gas del Sur SA (TGS)**: Operates the most extensive natural gas pipeline network in Latin America, generating stable fee-based revenues [18] - **Kinder Morgan, Inc. (KMI)**: Manages a vast network of pipelines and terminals, providing stable earnings through long-term contracts [20][22] - **Enbridge Inc. (ENB)**: A leading midstream player with a complex transportation network, generating stable revenues from long-term contracts [25][26] - **The Williams Companies Inc. (WMB)**: Focuses on transporting and processing natural gas, well-positioned to meet the demand for clean energy [29][30]
Enbridge: This Dividend Beast Is Still A Buy
Seeking Alpha· 2025-06-18 12:30
Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2] - It emphasizes the importance of conducting individual research before making investment decisions [2]
5 Safe Dividend Stocks Yielding Over 5% You Can Buy Without Hesitation Right Now for Passive Income
The Motley Fool· 2025-06-17 00:05
Enterprise Products Partners (EPD -1.73%) currently yields 6.7%. The master limited partnership (MLP), which sends investors a Schedule K-1 Federal Tax Form each year, backs that payout with a very stable cash flow profile and strong balance sheet. The midstream energy company's integrated network of pipelines, processing plants, storage terminals, and export facilities generates predictable cash flow backed primarily by long-term, fixed-rate contracts and government-regulated rate structures. The company p ...
ENB's Valuation Remains Premium: Is the Stock Worth Overpaying for?
ZACKS· 2025-06-16 15:21
Core Insights - Enbridge Inc. (ENB) is trading at a premium valuation of 15.36x trailing 12-month EV/EBITDA compared to the industry average of 14.05x, indicating strong market positioning [1][7] - The company has a substantial C$28 billion project backlog that is expected to generate incremental cash flows through 2029, enhancing its revenue stability [6][7] Company Overview - Enbridge is a leading midstream energy player in North America, operating the world's longest crude oil and liquids transportation network, spanning 18,085 miles, and a gas transportation pipeline network of 71,308 miles [4] - The company transports 20% of the total natural gas consumed in the United States, generating stable, fee-based revenues from long-term contracts, which minimizes exposure to commodity price volatility [5][9] Financial Stability - 98% of ENB's EBITDA is supported by regulated or take-or-pay contracts, providing a buffer against market volatility [7][9] - More than 80% of the company's profits come from activities that allow automatic price or fee increases, ensuring protection against rising costs and inflation [9] Market Performance - Over the past year, ENB's stock has gained 42.6%, outperforming the industry composite's 38.3% and other competitors like Enterprise Products Partners LP (EPD) and Kinder Morgan (KMI) [13] - The stock's performance reflects positive developments in the company's operations and market conditions [13] Integration Challenges - Enbridge's recent acquisitions of large U.S. gas utility companies are still in the integration phase, which may pose risks if the integration does not meet expectations [16]