Enbridge Inc. (TSX: ENB)

Canada flag Canada · Delayed Price · Currency is CAD
48.96
-0.56 (-1.13%)
Apr 26, 2024, 4:00 PM EDT
-8.37%
Market Cap 104.07B
Revenue (ttm) 43.65B
Net Income (ttm) 6.19B
Shares Out 2.13B
EPS (ttm) 2.83
PE Ratio 17.24
Forward PE 16.58
Dividend 2.90 (5.93%)
Ex-Dividend Date May 14, 2024
Volume 9,396,092
Open 49.63
Previous Close 49.52
Day's Range 48.88 - 49.67
52-Week Range 42.75 - 54.05
Beta 0.89
Analysts n/a
Price Target 53.41 (+9.09%)
Earnings Date May 10, 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
Country Canada
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

Enbridge Inc. declares $0.915 dividend

2 days ago - Seeking Alpha

Enbridge Inc. Declares Quarterly Dividends

CALGARY, AB , April 24, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common...

2 days ago - PRNewsWire

Lightning Round: I don't like Upstart Holdings, says Jim Cramer

'Mad Money' host Jim Cramer weighs in on stock including: Upstart Holdings, ARS Pharmaceuticals, SMART Global Holdings, Enbridge, and Medtronic

4 days ago - CNBC

Why I Can't Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

Enbridge has everything I'm seeking in a retirement-focused investment.

6 days ago - The Motley Fool

Enbridge: The Dip Is An Opportunity For Appreciation And Income As The Dividend Approaches 8%

Enbridge's decline in recent years hasn't deterred investors as its dividend and growth prospects make it an appealing investment. Learn more on ENB stock here.

7 days ago - Seeking Alpha

2 Reliable Dividend Stocks to Buy Hand Over Fist and 1 to Avoid

If you are looking to maximize the income your portfolio generates, consider Enterprise Products Partners and Enbridge, but stay away from this midstream giant.

8 days ago - The Motley Fool

Legal Battle Over Enbridge Pipeline: Biden Administration Reportedly Urges Review

The Biden administration has reportedly urged a U.S. appeals court to tell a lower court to rethink the order that required Enbridge Inc. (NYSE: ENB) to drain portions of an oil pipeline that runs th...

15 days ago - Benzinga

Don't shut Line 5: Biden administration issues long-awaited position on Canada-U.S. pipeline

The Biden administration has weighed in for the first time on a major cross-border legal dispute that could shut down portions of Enbridge's Line 5 Canada-U.S. oil pipeline. It was contained in a nuan...

16 days ago - CBC News

Biden Administration Wants Enbridge Pipeline Ruling Revisited

The Biden administration has stepped into Enbridge Inc.’s fight over an oil pipeline in Wisconsin, arguing an earlier ruling did not consider the impact on US policy and did not adequately compensate ...

16 days ago - Financial Post

Court should reconsider Enbridge Line 5 shutdown order, Biden administration says

The Biden Administration intervenes in legal battle over Enbridge's Line 5 pipeline, addressing treaty obligations and diplomatic implications.

16 days ago - Seeking Alpha

Enbridge Inc. to Host Webcast to Discuss 2024 First Quarter Results on May 10

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 qua...

21 days ago - PRNewsWire

US Regulators Gives Green Light for Enbridge's Louisiana Venice Pipeline: Report

Enbridge Inc. ‘s (NYSE: ENB) Texas Eastern Transmission subsidiary reportedly received approval from the U.S. Federal Energy Regulatory Commission (FERC) to start a natural gas pipeline service relat...

21 days ago - Benzinga

Enbridge wins approval to commence service on Louisiana Venice natgas pipe project

Canadian energy company Enbridge's Texas Eastern Transmission subsidiary received approval on Thursday from U.S. energy regulators to commence service of a natural gas pipeline associated with its Ven...

22 days ago - Reuters

A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This April

Enbridge recently closed the first phase of its once-in-a-generation acquisition.

25 days ago - The Motley Fool

PH&N Vintage Fund Bolsters Position in Enbridge Inc with a 1.1% Portfolio Impact

PH&N Vintage Fund Bolsters Position in Enbridge Inc with a 1.1% Portfolio Impact

25 days ago - GuruFocus

Enbridge Completes Sale of its Interests in Alliance Pipeline and Aux Sable

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 Pipeli...

25 days ago - PRNewsWire

Is High-Yield Enbridge the Best Energy Stock for You?

Enbridge has a somewhat unique business in the energy sector that could make it a great choice or a terrible one.

4 weeks ago - The Motley Fool

These 2 High-Yield Dividend Stocks Are Teaming Up to Boost Their Ability to Pay Dividends

Enbridge and MPLX are boosting their ability to pay dividends.

4 weeks ago - The Motley Fool

Enbridge To Bring Permian Gas To Gulf Coast To Tap LNG Demand

Enbridge is forming a joint venture to build and operate natural gas pipelines connecting gas supply from the Permian Basin to the U.S. Gulf Coast to tap into growing LNG export demand, the Canadian-b...

4 weeks ago - OilPrice com

Enbridge Forms Powerhouse JV For Permian Basin Gas Pipeline Expansion: Details

Enbridge Inc. (NYSE: ENB) penned a definitive deal with WhiteWater/I Squared Capital and MPLX LP (NYSE: MPLX) to form a joint venture to construct and operate natural gas pipeline and storage assets...

4 weeks ago - Benzinga