Pipeline operator Enbridge will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast.
Recently, Zacks.com users have been paying close attention to Enbridge (ENB). This makes it worthwhile to examine what the stock has in store.
Enbridge Inc. is downgraded from Buy to Hold, with a revised target price of $71.76, reflecting limited upside after recent share gains. Q3 results missed EPS expectations, but solid EBITDA and reaffirmed 2025 guidance supported an ENB share price rebound and stable medium-term outlook. ENB's long-term growth is constrained by limited new project involvement and regulatory hurdles, though data center opportunities offer some upside.
ENB Q3 earnings and revenues fall year over year amid weaker performance from Liquids Pipelines and Renewable Power Generation segments.
ENB gears up to post Q3 earnings, with results likely to be affected by higher financing and maintenance costs.
Enbridge is a giant toll taker with a yield of 5.8%. Realty Income is a boring REIT with a yield of 5.3%.
Recently, Zacks.com users have been paying close attention to Enbridge (ENB). This makes it worthwhile to examine what the stock has in store.
Enbridge (ENB) closed the most recent trading day at $47.18, moving 1.11% from the previous trading session.
Enbridge (ENB -0.28%) has been a stellar dividend stock over the decades. The Canadian pipeline and utility company has made dividend payments for more than 70 years and has increased its payout annually for the past three decades.
The Undercovered Dozen highlights 12 lesser-covered stocks and funds with unique investment theses and recent developments, curated for fresh portfolio ideas. Featured companies include Petrobras, Richtech Robotics, C3.ai, Enbridge, and Vertiv Technologies, each with distinct risk/reward profiles. Several stocks, such as ENB and USAC, are praised for strong cash flows, dividend yields, and positioning for AI-driven or energy sector growth.
Enbridge continues to deliver on all fronts with a stable cash flow, a solid balance sheet, and attractive dividends. ENB is uniquely positioned to benefit from the AI-driven surge in natural gas demand, thanks to its extensive pipeline network and new transmission projects. Risks include regulatory scrutiny and macroeconomic slowdowns, but ENB's financial strength and cost efficiency make it equipped to weather uncertain times.
The Dividend Harvesting Portfolio saw a -1.91% decline this week, but remains up 32.7% on invested capital with strong forward dividend growth. Despite market volatility and government shutdown, I remain focused on compounding dividend income, projecting $2,615.21 annual income and aiming for $2,700 by 2026. Added to positions in ONEOK for its 5.65% yield and energy exposure, and Roundhill Innovation 100 0DTE Covered Call Strategy ETF for high weekly income.