Enbridge Inc. (ENB) has failed to file for federal jurisdiction for the lawsuit filed by Michigan's attorneygeneral against its Line 5 pipeline within the time frame specified in the United States Code ("USC"). The U.S. Court of Appeals for the Sixth Circuit has, therefore, decided that the case should be heard in state court. Michigan's attorney general had filed a lawsuit to shut down Enbridge's Line 5 pipeline over safety concerns. Enbridge's Line 5 pipeline is a 645-mile-long pipeline that runs from Sup ...

adventtr/E+ via Getty Images ENB stock and our AI future Successful investing is all about second-order thinking and looking past the obvious connections. Along this line, it is the goal of this article to argue that Enbridge's (NYSE:ENB) connection to our digital future is underestimated (or not recognized yet) by the market. Our "smart everything" vision is driving energy demand higher, as artificial intelligence technology, cryptocurrency, data centers, and cloud computer servers command a significant su ...

In the latest market close, Enbridge (ENB) reached $34.85, with a -0.77% movement compared to the previous day. This change lagged the S&P 500's 0.77% gain on the day. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.95%. The oil and natural gas transportation and power transmission company's shares have seen a decrease of 4.44% over the last month, surpassing the Oils-Energy sector's loss of 7.24% and falling behind the S&P 500's gain of 3.71%. Analysts and investors alike will ...

Supertruper People sometimes ask me when is a good time to invest, and my answer is almost always “now, at the present time”. That’s because while the overall market may be trading at high valuation, there’s almost aways sectors and individual stocks that are temporarily out of favor for one reason or another. That’s why I like to think of it as being a market for stocks rather than the stock market. Much like treasure hunting at a discount store like TJX (TJX), one of the thrills of investing is being able ...

Enbridge Inc. (ENB) ) has announced the successful completion of its acquisition of Questar Gas Company and its associated Wexpro companies from Dominion Energy, Inc. (D) . This strategic move marks a major expansion of Enbridge's Gas Distribution and Storage Business Unit. Expanding Horizons The Questar Gas utility, which will now operate under the names Enbridge Gas Utah, Enbridge Gas Wyoming, and Enbridge Gas Idaho in their respective states, already services approximately 1.2 million customers across Ut ...

Enbridge Inc. (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. The Sunrise Expansion Program suggests extending the southern segment of the pipeline, referred to as Transmission-South. The expansion project will add a 137-kilometer looping pipeline with a 42-inch diameter, significantly boosting the natural gas transportation capacity by 300 million cubic feet per day. The developm ...

JHVEPhoto Investment thesis Enbridge's (NYSE:ENB) stock was approximately flat since my previous bullish thesis. Despite flat stock price performance, the company's fundamentals continue fortifying. Profitability is expanding even in a challenging environment for the company's topline growth. Enbridge continues investing heavily in future growth, but at the same time the management does not forget about capital allocation discipline. Improving profitability together with the management's responsible approac ...

Income investors will love these generous dividend stocks. If you want a good dividend, you can aim much higher than the 1.4% yield that the S&P 500 averages. In some cases, you can earn a lot more than the average -- without even having to take on much more risk. While high- yielding stocks sometimes have the connotation of being risky investments, that isn't always the case. Three stocks I'd feel comfortable relying on for dividend income that yield more than 6% today are AT&T (T 0.73%), Enbridge (ENB 1.1 ...

Enbridge (ENB) ended the recent trading session at $35.47, demonstrating a -0.56% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. Heading into today, shares of the oil and natural gas transportation and power transmission company had lost 5.71% over the past month, lagging the Oils-Energy sector's loss of 3.25% and the S ...

Enbridge Inc.’s (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. Per a Reuters report, the cuts, if implemented, might affect evening and overnight shifts, along with compliance tasks like valve checking and inspections. Unifor has raised alarms over the proposed reductions, urging local government agencies in Toronto to scrutinize Enbridge's contracts related to the maintenanc ...