Tag: Enbridge

Is High-Yield Enbridge Stock a Buy?

The big draw for investors when it comes to Enbridge (NYSE: ENB) is likely to be the stock’s 7.4% dividend yield. Add in a 29-year streak of annual payout increases and an investment grade balance sheet, and there’s even more to appreciate. But don’t jump in just yet, because there are some dividend investors that […]

Is Enbridge Inc (NYSE:ENB) the Best Canadian Energy Dividend Stock to Buy Now?

Enbridge Inc (NYSE:ENB) ranks 7th in our list of the Best Canadian Dividend Stocks for Income Investors. Click to see the full list of 8 Best Canadian Dividend Stocks for Income Investors. Before analyzing Enbridge Inc (NYSE:ENB), let’s analyze the state of Canadian dividend investing strategies and their returns so far this year. Canadian dividend […]

Enbridge Raises $3.5 Billion Through Bond Sale After Ratings Cut

(Bloomberg) — Enbridge Inc. sold $3.5 billion of debt on Tuesday following a downgrade last week by Moody’s Ratings. Most Read from Bloomberg The longest portion of the four-part bond offering, a 30-year security, will yield 145 basis points over Treasuries, according to a person with knowledge of the matter, after earlier discussions for around […]

Is High-Yield Enbridge the Best Energy Stock for You?

If you are a dividend investor, then Enbridge‘s (NYSE: ENB) 7.6% dividend yield will probably be very attractive to you. So, too, will be the 29-year streak of annual dividend increases that back that yield. But before you buy this midstream giant, you need to have a better understanding of the actual business. It isn’t […]

East Ohio Gas Company welcomed to Enbridge

Mar. 27—LIMA — East Ohio Gas Company employees in Lima celebrated Dominion’s gas assets being sold to Enbridge with a welcome ceremony for all employees in the state. External affairs manager Peggy Ehora for the utility said Enbridge’s CEO and president greeted the celebration with a live broadcast and a breakfast. “It was a happy […]

Enbridge to invest $500 million in pipeline assets, raises profit growth targets

(Reuters) -Pipeline operator Enbridge raised its short-term profit growth forecast on Wednesday and said it will invest about $500 million in expanding its pipeline and storage assets to improve its U.S. Gulf Coast presence. Enbridge, which operates North America’s biggest oil pipeline network, the Mainline, said it will acquire two marine docks and land from […]

Exxon, Enbridge sued by competitor over crude oil transportation

By Mike Scarcella (Reuters) – Exxon and Canada-based crude pipeline operator Enbridge were sued in Illinois federal court on Tuesday over claims they barred a competitor from building a terminal to ship oil by barge from the Chicago area to refineries in the Midwest and Gulf of Mexico. The antitrust lawsuit from energy infrastructure developer […]