I am upgrading Enbridge to Buy, driven by new Canadian pipeline projects and favorable political changes supporting infrastructure expansion. Global diversification of oil sales, especially to Asia and Europe, is set to boost Enbridge's profitability beyond current long-term growth targets. Lower interest rates in Canada and the US, prompted by trade tensions and tariffs, should enhance Enbridge's share valuation and investor appeal.
The combination of high volatilities and a few fundamental economic forces could lead to much higher oil prices in the near future. The OPEC+'s production decision, Iran situation, and also ongoing tariff disputes could keep oil price volatility elevated. The refilling of the SPR (strategic petroleum reserve) and persisting inflation both act as upward pressure on oil prices.
In the latest trading session, Enbridge (ENB) closed at $45.21, marking a +1.48% move from the previous day.
![]() ENB In 4 weeks Estimated | Quarterly | $0.68 Per Share |
![]() ENB 2 months ago Paid | Quarterly | $0.68 Per Share |
![]() ENB 5 months ago Paid | Quarterly | $0.67 Per Share |
![]() ENB 8 months ago Paid | Quarterly | $0.65 Per Share |
![]() ENB 11 months ago Paid | Quarterly | $0.67 Per Share |
![]() ENB 14 May 2024 Paid | Quarterly | $0.67 Per Share |
1 Aug 2025 (In 2 weeks) Date | | 0.58 Cons. EPS | - EPS |
8 May 2025 Date | | 0.95 Cons. EPS | 1.03 EPS |
7 Feb 2025 Date | | 0.52 Cons. EPS | 0.75 EPS |
1 Nov 2024 Date | | 0.56 Cons. EPS | 0.55 EPS |
2 Aug 2024 Date | | 0.63 Cons. EPS | 0.58 EPS |
![]() ENB In 4 weeks Estimated | Quarterly | $0.68 Per Share |
![]() ENB 2 months ago Paid | Quarterly | $0.68 Per Share |
![]() ENB 5 months ago Paid | Quarterly | $0.67 Per Share |
![]() ENB 8 months ago Paid | Quarterly | $0.65 Per Share |
![]() ENB 11 months ago Paid | Quarterly | $0.67 Per Share |
![]() ENB 14 May 2024 Paid | Quarterly | $0.67 Per Share |
1 Aug 2025 (In 2 weeks) Date | | 0.58 Cons. EPS | - EPS |
8 May 2025 Date | | 0.95 Cons. EPS | 1.03 EPS |
7 Feb 2025 Date | | 0.52 Cons. EPS | 0.75 EPS |
1 Nov 2024 Date | | 0.56 Cons. EPS | 0.55 EPS |
2 Aug 2024 Date | | 0.63 Cons. EPS | 0.58 EPS |
Oil & Gas Midstream Industry | Energy Sector | Gregory Lorne Ebel CEO | TSX Exchange | CA29250N1050 ISIN |
CA Country | 14,500 Employees | 14 Feb 2025 Last Dividend | 1 Jun 2011 Last Split | - IPO Date |
Enbridge Inc., together with its subsidiaries, stands as an essential pillar in the energy infrastructure sector. Operating through five distinct segments - Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services - the company showcases a comprehensive approach to meeting diverse energy needs. Initially known as IPL Energy Inc., the organization embraced its current identity, Enbridge Inc., in October 1998, reflecting its broadened scope and capabilities. Since its establishment in 1949, Enbridge has cemented its position, with its headquarters in Calgary, Canada, orchestrating a network of pipelines, energy generation, and service offerings across North America.
This segment encompasses the operation of pipelines and related terminals designed for the transportation of various grades of crude oil and other liquid hydrocarbons. Its networks, spanning Canada and the United States, are pivotal in ensuring the steady flow of essential energy sources between significant producing regions and marketplaces.
Enbridge's investments in this area cover natural gas pipelines, along with gathering and processing facilities. These assets are strategically located across Canada and the United States, facilitating the efficient transportation and processing of natural gas, a critical component in North America's energy mix.
This segment's operations are focused on natural gas utility services, catering to residential, commercial, and industrial customers primarily in Ontario. The segment also engages in natural gas distribution activities in Quebec, ensuring reliable and safe energy supply to a wide customer base.
Reflecting Enbridge's commitment to sustainable energy, this segment operates a variety of power generating assets, including wind, solar, geothermal, and waste heat recovery facilities, alongside transmission assets. These operations are spread across North America, contributing to the region's renewable energy capacity and reducing environmental footprints.
Through this segment, Enbridge offers physical commodity marketing and logistical services. The company caters to a diverse clientele, including refiners, producers, and other customers in Canada and the United States, demonstrating its role in facilitating the energy industry’s operational needs.