Enbridge (ENB) closed at $36.74 in the latest trading session, marking a +0.55% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.08%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq added 1.58%.Prior to today's trading, shares of the oil and natural gas transportation and power transmission company had gained 5.3% over the past month. This has outpaced the Oils-Energy sector's loss of 9.19% and the S&P 500's gain of 0.43% in that time.Investors will be ...

With a historically high yield, Enbridge's business model is rock solid and you can still win even if the stock doesn't rise much.Enbridge (ENB 0.74%) is not an exciting company, but that's actually one of the biggest attractions here. That and an ultra-high dividend yield of around 7.4%. But to really appreciate why you'll be glad you bought this stock in a few years, you need to take a deeper dive into its business and how it returns value to investors over time.Enbridge is more than a midstream giantThe ...

STRATHMORE, Alberta, July 20, 2024 (GLOBE NEWSWIRE) -- Today, over 1,400 cyclists and their supporters are gathering in the Strathmore area for Alberta’s largest cycling fundraiser, the Enbridge Tour Alberta for Cancer, supporting the Alberta Cancer Foundation. As the Tour celebrates its 16th year and over $7.3 million (and counting) raised this year alone, it also marks a historic milestone by surpassing $100 million in total funds raised. This remarkable achievement underscores 16 years of community build ...

CALGARY, AB, July 8, 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 second quarter results on August 2, 2024, at 7 a.m. MT (9 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 any ...

Enbridge (ENB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this oil and natural gas transportation and power transmission company have returned +4.1%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Oil and Gas - Production and Pipelines industry, which Enbridge falls in, has gained 4.2%. The ...

If you are looking for attractive income stocks, here are two energy giants you'll want to buy and one to be leery of.The energy sector is known for being volatile, given that oil and natural gas are commodities. But there's one niche in the energy sector that tends to be far less volatile -- the midstream. Yet all midstream companies are not created equal.If you are looking for an ultra-high-yield investment, consider midstream giants Enterprise Products Partners (EPD 0.03%) and Enbridge (ENB 0.61%). Meanw ...

If you're on the hunt for high yields, then you'll want to dig into the midstream sector, and these two industry giants are the ones to pick."If you have $1,000 to invest and are looking for reliable high-yield stocks, then look at the energy industry."That's a statement that nobody would expect to hear given the inherent volatility of oil and natural gas prices. The key is that you need to focus your attention on the midstream sector, which operates very differently from energy producers and processors. He ...

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Enbridge (ENB) is once again under scrutiny as the U.S. Department of Justice (“DOJ”) has proposed amendments to a 2016 consent decree. This change could mandate Enbridge to address previously identified cracks in its extensive Lakehead pipeline system, including the controversial Line 5.The backdrop to this development dates back to 2010 when two significant oil spills from ENB’s pipelines near Marshall, MI, and Romeoville, IL, resulted in severe environmental damage. These spills led to the unlawful disch ...

The midstream business model ensures that the operations of oil and gas transportation pipelines and storage facilities remain largely insulated from fluctuations in commodity prices. This stability is bolstering the outlook for the Zacks Oil and Gas - Production & Pipelines industry.Pipeline companies enjoy a strategic advantage over their upstream and downstream counterparts, as they generate consistent and predictable revenue streams through long-term contracts with shippers. Enbridge Inc. (ENB) ,The Wil ...