Enbridge Inc. (TSX: ENB)

Canada flag Canada · Delayed Price · Currency is CAD
48.93
+0.26 (0.53%)
Jul 2, 2024, 4:00 PM EDT
-1.11%
Market Cap 104.03B
Revenue (ttm) 42.54B
Net Income (ttm) 5.89B
Shares Out 2.13B
EPS (ttm) 2.65
PE Ratio 18.37
Forward PE 16.58
Dividend 2.66 (5.43%)
Ex-Dividend Date May 14, 2024
Volume 6,186,115
Open 48.56
Previous Close 48.67
Day's Range n/a
52-Week Range 42.75 - 52.34
Beta 0.89
Analysts n/a
Price Target 54.25 (+10.87%)
Earnings Date Aug 2, 2024

About Enbridge

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing fac... [Read more]

Sector Energy
Founded 1949
Employees 11,500
Stock Exchange Toronto Stock Exchange
Ticker Symbol ENB
Full Company Profile

Financial Performance

In 2023, Enbridge's revenue was 43.65 billion, a decrease of -18.12% compared to the previous year's 53.31 billion. Earnings were 6.19 billion, an increase of 106.16%.

Financial Statements

News

Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Enbridge Stock.

This 7.6%-yielding stock has generated humongous returns over the decades thanks to dividend growth.

3 days ago - The Motley Fool

This Magnificent 7.5%-Yielding Dividend Stock Continues to Find Innovative Ways to Power Its Growth

Enbridge is working with Indigenous groups in Canada to provide clean power (and income) to the region.

6 days ago - The Motley Fool

Enbridge: Solid Business, But Hold Due To Debt And Dividend Concerns

Enbridge has built an established presence and long-term drivers remain intact. Click here to read why ENB stock receives a Hold rating.

8 days ago - Seeking Alpha

Enbridge Works With First Nations on Saskatchewan Wind Farm

Enbridge Inc., a Canadian energy company, is working with six indigenous groups to develop a wind farm in southeast Saskatchewan that can deliver enough power for 100,000 homes.

8 days ago - Financial Post

Pipeline Giant Enbridge Partners With First Nations for Wind Project in Canada

Enbridge is teaming up with a consortium of First Nations to develop a wind power project in Canadas Saskatchewan province in the first Indigenous partnership in renewables for the Canadian pipeline g...

8 days ago - OilPrice com

Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan

REGINA, SK , June 24, 2024 /PRNewswire/ - Today, Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations) – a newly-created consortium of Cowe...

8 days ago - PRNewsWire

Enbridge And Our Digital Future

12 days ago - Seeking Alpha

Enbridge Announces Plans to Expand Westcoast Pipeline

Enbridge Inc . (NYSE: ENB) has unveiled plans for an expansion of the Westcoast Pipeline in British Columbia to address the rising natural gas demand in the province and the U.S. Pacific Northwest. T...

19 days ago - Benzinga

2 Dividend-Paying Energy Stocks to Buy at a Discount

If you are looking to generate income from the energy patch, then you'll want to consider Enbridge and Brookfield Renewable today.

19 days ago - The Motley Fool

Enbridge: Stability And Profitability Secure Rock-Solid Dividend Yield

Enbridge offers solid fundamentals, steady growth, and a safe dividend yield, making it a strong buy despite flat stock performance. Read more on ENB stock here.

20 days ago - Seeking Alpha

Enbridge Gas Faces Union Backlash Over Toronto Shift Cuts

Enbridge Inc.'s (NYSE: ENB) gas unit is under scrutiny following claims from Canadian labor union Unifor that the company plans to cut its emergency response shifts in Toronto, aiming to reduce costs...

22 days ago - Benzinga

Labor union says Enbridge Gas to cut emergency response shifts in Toronto

Canadian labor union Unifor said on Friday that Enbridge's gas unit wants to cut its emergency response shifts in Toronto, amid an emphasis on curtailing costs.

25 days ago - Reuters

Enbridge: A 7.5% Yielding Buy And Hold Forever Dividend Aristocrat

Enbridge is a high-yield industry legend with strong financial health, positioned for sustainable income growth. Click here to read an analysis on ENB stock.

25 days ago - Seeking Alpha

Canadian Oil Executives Slam Proposed Emissions Cap on Oil and Gas Production

The chief executives of Canadian oil sands producers have spoken against plans by the federal government to impose a cap on carbon dioxide emissions from oil and gas production. Speaking at a House of...

25 days ago - OilPrice com

Canada's oil sands CEOs push back against proposed oil and gas emissions cap

Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...

26 days ago - Reuters

​​2 Dividend Stocks That Are Screaming Buys in June

If you are looking to add some income to your portfolio in June, consider Enterprise Product Partners and Enbridge.

26 days ago - The Motley Fool

This 7.5%-Yielding Dividend Stock Is Another Step Closer to Securing a Once-in-a-Generation Investment Opportunity

Enbridge has now closed two of the three natural gas utilities it plans to acquire from Dominion.

27 days ago - The Motley Fool

Enbridge Completes Acquisition of Questar Gas Company

CALGARY, AB , June 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of the Questar Gas Company ("Questar Gas") a...

4 weeks ago - PRNewsWire

Dominion Energy Announces Closing of Sale of Western Natural Gas Distribution Assets Questar Gas, Wexpro

RICHMOND, Va., June 3, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced closure of the sale of its Salt Lake City, Utah-based natural gas utility Questar Gas Company, and its cost...

4 weeks ago - PRNewsWire

Is High-Yield Enbridge Stock a Buy?

Enbridge is offering a lofty dividend yield, but it won't be a great fit for all dividend investors.

4 weeks ago - The Motley Fool