Enbridge's Reliable Business Model Supports Attractive Dividend Growth

Key Takeaways Enbridge operates a fee-based midstream model that limits exposure to oil and gas price volatility.ENB has billions in secured projects across pipelines, gas transmission and gas distribution.ENB expects 2026 EBITDA of C$20.2 to C$20.8B and targets a C$3.88 dividend, with a 5.94% yield.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 ...