ENB.TO : Summary for ENBRIDGE INC - Yahoo Finance

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Enbridge Inc. (ENB.TO)

Toronto - Toronto Delayed Price. Currency in CAD
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55.10+0.98 (+1.81%)
At close: 4:31PM EDT
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Previous Close54.12
Bid55.09 x
Ask55.11 x
Day's Range54.00 - 55.30
52 Week Range48.60 - 59.19
Avg. Volume4,651,398
Market Cap90.05B
PE Ratio (TTM)28.55
Earnings DateN/A
Dividend & Yield2.33 (4.28%)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters12 hours ago

    Canada's Enbridge to cut 1,000 jobs after buying Spectra

    Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America. The takeover announced last year, the most significant energy deal since oil and natural gas prices crashed in mid-2014, had highlighted how pipeline companies were under pressure to merge as they grappled with overcapacity and sliding tariffs that had slowed dividend growth and unnerved investors. It is relatively common for layoffs to occur in mergers, and even without such deals oil and gas companies have been shedding staff in a bid to cut costs.

  • American City Business Journals14 hours ago

    Enbridge to cut 6 percent of its workforce

    Canada-based Enbridge Inc. (ENB) is terminating about 1,000 employees starting March 22. The cuts represent about 6 percent of the company's entire headcount, according to a statement from Enrbidge. The company has a significant presence in Houston, though it declined to break out the job cuts by location or group.

  • Enbridge Cuts 1,000 Jobs Following Takeover of Spectra in U.S.
    Bloomberg14 hours ago

    Enbridge Cuts 1,000 Jobs Following Takeover of Spectra in U.S.

    Enbridge Inc. will cut 1,000 positions to reduce overlap after the Canadian pipeline giant completed its purchase of Spectra Energy Corp. in the U.S. last month.