Enbridge Inc. (ENB)

NYSE: ENB · Real-Time Price · USD
42.79
-0.19 (-0.44%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.44%
Market Cap 93.03B
Revenue (ttm) 35.94B
Net Income (ttm) 4.65B
Shares Out 2.18B
EPS (ttm) 2.17
PE Ratio 19.70
Forward PE 20.10
Dividend $2.61 (6.10%)
Ex-Dividend Date Nov 15, 2024
Volume 2,911,353
Open 42.92
Previous Close 42.98
Day's Range 42.43 - 42.98
52-Week Range 32.85 - 43.31
Beta 0.91
Analysts n/a
Price Target n/a
Earnings Date Nov 1, 2024

About ENB

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 NYSE
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 5.84 billion, an increase of 125.53%.

Financial numbers in CAD Financial Statements

News

Enbridge: Strong Tailwinds For The Next Several Years

Enbridge outperformed the U.S. equity market with a 10% total return since August 21, driven by strong Q3 earnings and a 6.2% forward dividend yield. The company expects steady growth in distributable...

1 day ago - Seeking Alpha

Enbridge Announces Conversion Results for Series 9 Preferred Shares

CALGARY, AB , Nov. 18, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series 9 (Series 9 Shar...

2 days ago - PRNewsWire

Wall Street, We Have A Problem (That Dividends Can Fix)

Market valuation is high, posing challenges for investors seeking value. Current conditions make it crucial to navigate carefully and avoid overpriced assets. This also puts tremendous pressure on the...

Other symbols: REXR
6 days ago - Seeking Alpha

10-12% Yields: The More They Drop, The More I Buy

The market has been soaring lately due to Fed rate cuts, lowered recession fears, and a Republican sweep of the November elections. However, there are still some very compelling high-yield opportuniti...

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8 days ago - Seeking Alpha

How I'd Build The Ultimate Dividend Retirement Portfolio Today

Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable c...

Other symbols: ADMAMEXRMAINMOOPEP
8 days ago - Seeking Alpha

Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio

High-yield stocks can fall due to non-dividend sustainability reasons, presenting opportunities for income investors to lock in attractive yields. In this article, I have identified two picks, which n...

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9 days ago - Seeking Alpha

3 Dividend Stocks for November 2024

The dividend prospects of a US firm, a UK firm, and a Canadian company.

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10 days ago - Morningstar

Enbridge: You 'Ain't Seen Nothing Yet'

Enbridge's 6.2% yield and 29-year dividend hike track record make it a reliable income source, with $27 billion in growth projects enhancing its future potential. A potential tailwind from $6.5 trilli...

10 days ago - Seeking Alpha

My Portfolio's Biggest Winners And Losers From A Republican Sweep

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...

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11 days ago - Seeking Alpha

2 Midstream Picks That Should Be At The Core Of Retirement Portfolios

Finding defensive assets that produce tangible yields, while offering meaningful income growth, is difficult. Usually, it is possible to secure income growth and defensiveness, but having the third co...

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13 days ago - Seeking Alpha

Enbridge Is The Dividend Aristocrat You Want

Enbridge is a dividend aristocrat with a strong history of dividends that it has continued to grow. The company is continuing to invest massively in its business, which it can afford, and taking utili...

16 days ago - Seeking Alpha

E Split Corp.: Excessive Dividends Destroy Long-Term Value

Split share corporations create two classes of securities: Preferred shares with fixed cash distributions and equity shares with potential for capital appreciation. A large part of E Split Corp.'s att...

17 days ago - Seeking Alpha

Enbridge: Time To Lock In A 7% Yield In U.S. Dollars

Enbridge reported a very robust set of Q3 results, confirming the preferred dividends enjoy an excellent coverage ratio. The Series 5 preferred shares offer a 6.96% preferred dividend yield in USD. I'...

18 days ago - Seeking Alpha

Why I'm Getting More Bullish On Enbridge

Enbridge's growth projects will help support a growing common dividend. Projects include Mainline expansion, new offshore gas pipelines, and gas and renewable power distribution supporting data center...

18 days ago - Seeking Alpha

Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

CALGARY, AB , Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstandi...

19 days ago - PRNewsWire

Macro outlook for power demand has 'never been higher' driven by data centers, says Enbridge CEO

Greg Ebel, Enbridge CEO, joins CNBC's 'Money Movers' to discuss the company's most recent earnings, outlooks on power demand, and more.

19 days ago - CNBC Television

Enbridge Inc. (ENB) Q3 2024 Earnings Call Transcript

Enbridge Inc. (NYSE:ENB) Q3 2024 Earnings Call Transcript November 1, 2024 9:00 AM ET Company Participants Rebecca Morley - Vice President, Investor Relations Greg Ebel - President, CEO & Director Pa...

19 days ago - Seeking Alpha

More Free Lunch When Investing For Income Than Just Diversification

Usually, diversification is referred to as the only free lunch in investing, which can decrease risk, while keeping the return potential unchanged. Yet, when investing for income in a prudent and cons...

Other symbols: BIPEPDMAINOSPY
19 days ago - Seeking Alpha

Enbridge misses third-quarter profit estimates

Pipeline operator Enbridge missed market estimates for third-quarter profit on Friday, hurt by lower renewable power generation earnings.

19 days ago - Reuters

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

CALGARY, AB , Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2024 financial results, provided a quarterly business update, and ...

19 days ago - PRNewsWire

'Elect' The Best: Top 7 Dividend Aristocrats For A 6% Yielding November

Election anxiety is reaching a fever pitch, and with stocks up 43% in the last year, many worry that a stock market bubble is about to burst. While the S&P is historically overvalued, individual stock...

Other symbols: BTICVXEPDMOTHFFTROW
19 days ago - Seeking Alpha

Enbridge Inc. Declares Quarterly Dividends

CALGARY, AB , Oct. 30, 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 ...

21 days ago - PRNewsWire

Very Good News For Big Dividend Infrastructure Stocks

Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.

27 days ago - Seeking Alpha

Dividend Harvesting Portfolio Week 190: $19,000 Allocated, $1,792.47 In Projected Dividends

Despite expectations of market volatility, indices remain stable and near all-time highs, driven by anticipated Fed rate cuts and potential AI efficiencies. The Dividend Harvesting Portfolio has shown...

Other symbols: ARCCMONEPOHISLGSTWDVZ
27 days ago - Seeking Alpha

Enbridge: The Next Bet On Higher Rates

We had recently highlighted Pembina preferred shares as a good bet on higher rates. These appreciated quickly and gave us our expected performance in 3 weeks versus 3 months. We go over our next bet, ...

4 weeks ago - Seeking Alpha