Enbridge has increased its dividend in each of the last three recessions. The energy infrastructure company generates a very stable cash flow and has a rock-solid financial profile.
Enbridge is one of North America's largest midstream companies. At the current share price, its dividend yields a hefty 6.9%.
Unevenness in ENB's Q2 results reflected some headwinds ahead. These issues include oil price uncertainties, operating costs, and also financing costs. However, I see plenty of earnings and return catalysts that can offset these issues and deliver robust total shareholder returns.
Energy pipeline company Enbridge has increased its dividend at a 10% rate over the past 29 years. Home improvement giant Home Depot has a long track record of raising its dividends.
Enbridge expects oil demand will continue rising. Higher oil volumes would boost the cash flows of its liquids pipelines business.
Midstream companies' pipeline assets are secured under take-or-pay contracts. Williams (WMB), Kinder Morgan (KMI), & Enbridge (ENB) are thus poised to gain.
Enbridge (ENB) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Enbridge (ENB) reduces tolls for Canadian oil exports as the Trans Mountain Expansion boosts pipeline capacity and competition in the market.
Enbridge (ENB) CEO Greg Ebel forecasts oil demand to surpass 100M bbl/day by 2050, driven by rising energy needs in developing countries. While the company's bullish outlook aligns with that of OPEC, it's in contrast to IEA's conservative forecast.
Enbridge is one of the largest midstream companies in North America. Enbridge's portfolio also includes regulated natural gas utility operations.
A rock-solid REIT can provide you with the benefits of owning real estate without the hassles of being a landlord. An energy-infrastructure stalwart offer you a lower-risk way to cash in on the boom in artificial intelligence.
Earnings season focused on big tech stocks driving the S&P 500, accounting for 36% of index weighting. Major takeaways include strong profits, consumer spending cuts, luxury brand sales decline, and banks struggling with high interest rates. Enbridge offers 7% yield with strong growth potential, while NNN REIT provides 5% yield and safety in challenging market conditions.