Enbridge Has C$32B in Secured Projects: Incremental Cash Flow Awaits

Key Takeaways Enbridge has C$32B in secured projects across pipelines, gas, renewables and storage.These projects aim to generate additional cash flows supporting dividend payments.ENB stock is up 30.2% in a year, outpacing the industry's 28.7% improvement.Enbridge Inc. (ENB) is a leading midstream energy player that generates stable fee-based revenues. Due to the very nature of the business model, the company is not vulnerable to the volatility in oil and natural gas prices.ENB is also well-positioned to g ...