This Nearly 7%-Yielding Energy Stock Expects Crude Oil Demand to Remain Robust Through at Least 2050
ENBEnbridge(ENB) The Motley Fool·2024-08-23 17:24

Enbridge expects to have plenty of fuel to pay dividends in the future.Enbridge (ENB 0.10%) is a global leader in transporting crude oil. It operates North America's longest and most complex oil and liquids transportation system. The company moves 30% of all the oil produced on the continent. The Canadian pipeline and utility company firmly believes its crude transportation assets will remain vital to fueling the economy for decades. It expects oil demand to continue rising through at least 2050. That bodes ...