Enbridge (ENB) closed at $33.75 in the latest trading session, marking a -1.26% move from the prior day. This move lagged the S&P 500's daily loss of 1.2%. At the same time, the Dow lost 0.65%, and the tech-heavy Nasdaq lost 1.79%.Prior to today's trading, shares of the oil and natural gas transportation and power transmission company had lost 3.77% over the past month. This has lagged the Oils-Energy sector's gain of 6.6% and the S&P 500's loss of 0.85% in that time.Analysts and investors alike will be kee ...

Looking ahead, the future of the US economy is shaped by ongoing debates over interest rate policy and inflation. Recent robust economic data has led investors to anticipate fewer interest rate cuts by the U.S. Federal Reserve in 2024. This has caused a reversal from earlier expectations of more aggressive cuts. This shift reflects a growing belief that the economy’s strength might warrant less monetary easing than previously thought. The Fed’s response to inflation and economic growth will remain as key fa ...

ehrlif/iStock Editorial via Getty Images Introduction As I continue exploring large high-yielding names, Enbridge's (NYSE:ENB) stock grabbed my attention with its 7.5% forward dividend yield. I might disappoint growth investors because given the specifics of the midstream industry, ENB is very unlikely to be a multi-bagger. However, since I am looking for a high conviction and high-dividend stock, I pay more attention on the dividend safety when I analyze companies like ENB. There are numerous reasons w ...

CALGARY, AB, April 5, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 first quarter results on May 10, 2024, at 7:00 a.m. MT (9:00 a.m. ET). The conference call format will include prepared remarks from the executive team followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for ...

tobiasjo Enbridge Company website Enbridge Inc. (NYSE:ENB) is a large Canadian energy company that has investments in energy infrastructure. It is one of the blue chips in this space with a BBB+ credit rating. ENB has investments in pipelines, utilities, renewable energy, energy services, and storage facilities. Its investments are not just in Canada but also in the USA. It is a "dividend aristocrat" with dividend increases every year for more than 25 years. That's why it is surprising that they offer such ...

kodda/iStock via Getty Images Enbridge is a solid infrastructure play I expect a significant upside over the next six months for Canadian-dollars-denominated Enbridge Series R (TSX:ENB.PR.T:CA) and US-dollars-denominated Series 5 (TSX:ENB.PF.V:CA) (OTCPK:EBGEF). One of the largest global infrastructure companies, Enbridge's business consists of four major segments: Liquids Pipelines, Gas Transmission & Midstream, Gas Distribution and Storage, and Renewable Power Generation. Diversification between mul ...

Berkshire Hathaway's insurance operations are well known, but it is also a giant pipeline company. Take Buffett's lead and buy this stock.Berkshire Hathaway (BRK.A 0.57%) (BRK.B 0.32%) is probably best known for its insurance operations, which are where a lot of the individual stocks that company owns reside. But it is really a massive and diversified conglomerate. One area in which CEO Warren Buffett has invested quite heavily is energy, with a specific focus on pipelines. Enbridge (ENB -0.17%) is a way yo ...

In the latest market close, Enbridge (ENB) reached $35.85, with a +0.06% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Heading into today, shares of the oil and natural gas transportation and power transmission company had gained 3.2% over the past month, lagging the Oils-Energy sector's gain of 6.92% and outpacing the S&P 500's gain of 2.16% in that ...

CALGARY, AB, April 1, 2024 /PRNewswire/ - Enbridge Inc. ("Enbridge" or "the Company") (TSX: ENB) (NYSE: ENB) announced today the closing of the agreement to sell its 50.0% interest in Alliance Pipeline and its 42.7% interest in Aux Sable to Pembina Pipeline Corporation ("Pembina") (TSX: PPL) (NYSE: PBA) for $3.1 billion, previously announced on December 13, 2023. This is an important milestone and Enbridge remains committed to working closely with Pembina to ensure the safe and reliable operation of the ass ...

If you are a dividend investor like me, you prize consistency in all market environments, bull or bear. A high yield backed by a dividend that gets cut is likely to lead to less income and a loss of capital. No thanks! This is why one of the first screens I use when looking for a stock is a company's history of increasing its dividend. Then, I look at the businesses behind the dividend. Enbridge (ENB 0.53%) and NextEra Energy (NEE 0.19%) both come out looking like stocks that dividend investors would want t ...