Artificial intelligence requires a shocking amount of energy, creating substantial opportunities for energy stocks to buy fueled by the unstoppable AI boom and the Nvidia-driven surge. For an idea of how much power we’re talking about, consider this. According to The Verge, by 2027, the AI market alone could consume between 85 and 135 terawatt hours every year. That’s nearly the same amount of power that runs the Netherlands in a single year. “You’re talking about AI electricity consumption potentially bein ...

alfexe I recently decided to add Enbridge Inc. (NYSE:ENB) to my Fantastic Five, the five companies I am most confident in, to create a concentrated portfolio in five sectors. This is designed to make up 35% of my overall portfolio. One that creates a potential source of safe yield and incredible dividend growth. I'll cover the Magnificent Five in a separate article, but today, I'd like to explain why Enbridge is worthy of inclusion in my Fantastic Five. That means I have invested 7% of my net worth into thi ...

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. Shares of this oil and natural gas transportation and power transmission company have returned -2.6% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Oil and Gas - Production and Pipelines industry, to which Enbridge belongs, has gained 2.1% over this period. Now the key ...

If you are looking to add some income to your portfolio in June, consider Enterprise Product Partners and Enbridge. Do you like dividend stocks? If so, you should take a closer look at Enterprise Product Partners (EPD 0.11%) and Enbridge (ENB 0.69%) as June gets underway. They both offer 7%-plus yields backed by reliable businesses and decades of annual disbursement increases. This duo won't excite you, but they will give you a huge stream of passive income to live off of (or reinvest for the future). The m ...

Analysts and investors have observed that during recent earnings calls, natural gas and oil pipeline companies have addressed the rising demand for electricity driven by data centers processing AI applications. With natural gas continuing to contribute significantly to electricity generation in the United States, it is interesting to analyze how midstream energy stocks with extensive natural gas pipeline networks are poised to gain. AI Data Centers Demand Huge Electricity Several factors contribute to the s ...

Enbridge has now closed two of the three natural gas utilities it plans to acquire from Dominion. Enbridge (ENB -1.10%) made a bold strike last year. The Canadian pipeline and utility company agreed to acquire three natural gas utilities from Dominion for $14 billion. Enbridge's CEO Greg Ebel stated at the time of the deal, "Adding natural gas utilities of this scale and quality, at a historically attractive multiple, is a once- in-a-generation opportunity." The deals will increase its cash flow per share, ...

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-of-service gas supply company, Wexpro Company, to Enbridge Inc. (TSX: ENB) (NYSE: ENB) for approximately $4.3 billion, including assumed indebtedness and adjusted for customary closing items. This transaction was previously announced on Sept. 5, 2023. Questar Gas Company, with more than 21,000 system miles, se ...

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") and its related Wexpro companies ("Wexpro" and collectively with Questar Gas, "Questar") from Dominion Energy, Inc. ("Dominion"). The Questar Gas utility will be doing business in Utah as Enbridge Gas Utah, in Wyoming as Enbridge Gas Wyoming, and in Idaho as Enbridge Gas Idaho. Questar will join Enbridge's Gas Di ...

With a huge 7.3% dividend yield and decades of annual dividend increases behind it, Enbridge has fallen into a period of slower growth. Enbridge (ENB -0.36%) is one of the largest midstream companies in North America, and it offers an attractive 7.3% dividend yield. That said, it won't be a great fit for all investors. And those who like the business might find the next few years troubling, even though the longer-term outlook is notably brighter. Here's some things you need to consider while you are making ...

You might find incredible investments by looking forward a decade and trying to figure out who's working to put that future in place today. At its core, investing is all about the future. In typical approaches that try to put a value on a company's stock, prospective investors start by estimating the amount of money the company will generate for its owners over time. That future cash generating ability -- discounted for the fact that a potential $1 in your pocket next year is worth less than $1 of certain c ...