ENB.TO - Enbridge Inc.

Toronto - Toronto Delayed Price. Currency in CAD
46.86
-0.26 (-0.55%)
At close: 4:00PM EDT
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Previous Close47.12
Open47.12
Bid46.81 x 0
Ask46.87 x 0
Day's Range46.77 - 47.24
52 Week Range37.36 - 53.00
Volume2,070,918
Avg. Volume3,575,474
Market Cap79.884B
Beta1.30
PE Ratio (TTM)33.40
EPS (TTM)1.40
Earnings DateAug 1, 2018 - Aug 7, 2018
Forward Dividend & Yield2.68 (5.77%)
Ex-Dividend Date2018-05-14
1y Target Est52.00
  • CNW Group3 days ago

    Enbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss 2018 Second Quarter Results on August 3

    Enbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss 2018 Second Quarter Results on August 3

  • PR Newswire3 days ago

    Enbridge Inc. to Host a Joint Webcast with Enbridge Income Fund Holdings Inc., Enbridge Energy Partners, L.P. & Spectra Energy Partners, LP to Discuss 2018 Second Quarter Results on August 3

    CALGARY , July 12, 2018 /PRNewswire/ - Enbridge Inc. (TSX, NYSE: ENB) (Enbridge) will host a joint conference call and webcast with Enbridge Income Fund Holdings Inc. (TSX: ENF), Enbridge Energy Partners, ...

  • Why Enbridge Inc's Stock Surged 16% in June
    Motley Fool7 days ago

    Why Enbridge Inc's Stock Surged 16% in June

    The Canadian energy infrastructure giant received some welcome news last month.

  • Better Buy: Magellan Midstream Partners LP vs. Spectra Energy Partners
    Motley Fool10 days ago

    Better Buy: Magellan Midstream Partners LP vs. Spectra Energy Partners

    It pays to dig deeper and look past the numbers.

  • These 2 High-Yield Stocks Team Up on a Win-Win Deal
    Motley Fool10 days ago

    These 2 High-Yield Stocks Team Up on a Win-Win Deal

    Enbridge Inc announced the sale of its natural gas gathering and processing business to Brookfield Infrastructure Partners L.P.

  • Benzinga10 days ago

    Brookfield Infrastructure's $3.3B Asset Acquisition Is Far From Typical, Credit Suisse Says In Upgrade

    Brookfield Infrastructure Partners L.P. (NYSE: BIP )'s  acquisition of Enbridge Inc (USA) (NYSE: ENB )'s Canadian natural gas gathering and processing business is likely underappreciated by the market, ...

  • Reuters11 days ago

    CANADA STOCKS-TSX edges lower led by losses in financial stocks

    * At 9:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 47.28 points, or 0.29 percent, at 16,257.44. * Gold prices fell despite a weaker dollar as investors worried that U.S. Federal Reserve minutes, due later in the day, would highlight scope for further rate hikes. * The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.5 percent as spot gold fell 0.1 percent to $1254.95 an ounce, while copper prices declined 0.1 percent to $6,382.5 a tonne.

  • Reuters11 days ago

    PRESS DIGEST- Canada - July 5

    July 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Tricon Capital ...

  • The Wall Street Journal11 days ago

    [$$] Enbridge to Sell Gas Plants to Brookfield

    The deal, for 4.3 billion Canadian dollars ($3.7 billion), comes less than two months after the company announced C$3.2 billion of asset sales. Mr. Monaco has been restructuring the Calgary, Alberta-based company since becoming CEO after Enbridge’s $28 billion acquisition of Spectra Energy Corp in 2017. Enbridge borrowed billions to finance that deal, and the company has since been trying to pare that debt.

  • Reuters12 days ago

    CANADA STOCKS-TSX rises, boosted by Enbridge and financial shares

    Canada's main stock index edged higher on Wednesday, helped by gains for heavily-weighted financial shares and Enbridge Inc after the company said it would sell natural gas assets. At 10:16 a.m. EDT (1416 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 40.14 points, or 0.25 percent, to 16,303.30. Shares of Enbridge rose 1.3 percent to C$46.98.

  • Reuters12 days ago

    Enbridge to sell some businesses to Brookfield Infrastructure Partners

    The business includes 19 natural gas processing plants and liquids handling facilities and is spread across Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Enbridge said. "The sale ... significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model," Enbridge Chief Executive Officer Al Monaco said. Calgary-based Enbridge, which has been under pressure to sell noncore assets and reduce its debt, said in May it would buy its independent units including Spectra Energy Partners and Enbridge Energy Partners as well as its pipeline assets and bring then under a single listed entity.

  • Reuters12 days ago

    Enbridge to sell some businesses to Brookfield Infrastructure Partners

    Enbridge Inc said on Wednesday it would sell its Canadian natural gas gathering and processing business to Brookfield Infrastructure Partners LP and its institutional partners for about C$4.31 billion ($3.28 billion), as part of a move to recast itself as a pipeline utility. The business includes 19 natural gas processing plants and liquids handling facilities and is spread across Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Enbridge said. "The sale ... significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model," Enbridge Chief Executive Officer Al Monaco said.

  • Enbridge Shakes Debt Woes With $3.3 Billion Sale to Brookfield
    Bloomberg12 days ago

    Enbridge Shakes Debt Woes With $3.3 Billion Sale to Brookfield

    Enbridge Inc.’s efforts to repair its balance sheet and focus on pipelines took a big step forward with the C$4.31 billion ($3.3 billion) sale of its Canadian natural gas gathering and processing businesses to a group led by Brookfield Asset Management Inc. The deal includes assets that collect gas from drillers in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Calgary-based Enbridge said Wednesday. North America’s largest pipeline operator has now struck deals for C$7.5 billion in asset sales this year -- blowing past a goal of C$3 billion in divestitures -- helping it whittle down the debt it took on in last year’s $28.6 billion purchase of Spectra Energy Corp. The company also has been working to focus on its three core businesses of oil pipelines, gas pipelines and gas utilities.

  • Bloomberg12 days ago

    Enbridge Sells Canadian Natural-Gas Businesses for $3.3 Billion

    Enbridge Inc. agreed to sell Canadian natural-gas businesses to Brookfield Infrastructure Partners LP for a cash purchase price of C$4.31 billion ($3.3 billion).

  • CNW Group12 days ago

    Enbridge Announces Sale of Canadian Natural Gas Gathering & Processing Businesses for $4.31 Billion

    The G&P Business includes 19 natural gas processing plants and liquids handling facilities, with a total operating capacity of 3.3 Bcf/d and 3,550 km of natural gas gathering pipelines. "When combined with asset monetizations announced in May, the sale of our Canadian G&P Business significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model." said Al Monaco , President and Chief Executive Officer of Enbridge. Separate sale agreements have been entered into for those facilities currently governed by provincial regulations ( Alberta and B.C.), and those governed by federal National Energy Board regulations.   The transaction involving the sale of the provincially regulated facilities is expected to close in 2018, while the transaction involving the sale of the federally regulated facilities is anticipated to close in mid-2019.

  • PR Newswire12 days ago

    Enbridge Announces Sale of Canadian Natural Gas Gathering & Processing Businesses for $4.31 Billion

    CALGARY , July 4, 2018 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced that it has entered into definitive agreements to sell its Canadian natural gas gathering ...

  • Enbridge (ENB) in Focus: Stock Moves 7.8% Higher
    Zacks14 days ago

    Enbridge (ENB) in Focus: Stock Moves 7.8% Higher

    Enbridge (ENB) was a big mover last session, as the company saw its shares rise nearly 8% on the day.

  • Enbridge: On track to put new Line 3 into service next year
    Associated Press16 days ago

    Enbridge: On track to put new Line 3 into service next year

    Fresh off approval by Minnesota regulators, officials with Enbridge Energy said Friday they're on track to finish construction and put the company's disputed Line 3 replacement crude oil pipeline into service in the second half of next year, assuming all goes well for them. The Minnesota Public Utilities Commission on Thursday determined the project is necessary and approved the Canadian company's preferred route across northern Minnesota, with modifications and conditions that Enbridge considers minor. Democratic Gov. Mark Dayton said those permit approvals "are by no means assured" and that state agencies will hold the company to "Minnesota's highest standards" for protecting its environment, natural resources and cultural heritage.

  • The Latest: Enbridge says Line 3 work may start in November
    Associated Press16 days ago

    The Latest: Enbridge says Line 3 work may start in November

    Enbridge Energy officials say they're on track to finish construction and put the disputed Line 3 replacement crude oil pipeline into service in the second half of next year, assuming they get the remaining approvals. In an interview with The Associated Press, the president of the Canadian company's Liquids Pipelines division says a lot of work is ahead. The Minnesota Public Utilities Commission on Thursday determined the project is necessary and approved the company's preferred route across northern Minnesota with minor modifications.

  • Associated Press16 days ago

    Report: Oil line makes nearly 400 Michigan water crossings

    An oil pipeline that runs through the area where Lakes Huron and Michigan meet also crosses other Michigan waterways at nearly 400 locations, dozens of which are considered particularly sensitive, a report disclosed Friday. Enbridge Inc., the Canadian company that owns Line 5, listed the water crossings in one of three reports submitted to the state under a 2017 agreement with Gov. Rick Snyder, whose administration is expected to determine the pipeline's long-term future by October. Environmental groups want it decommissioned, contending the 65-year-old line is outdated and vulnerable to leaks, while the company says it's in good shape.

  • Enbridge Inc. Finally Gets the Green Light to Finish Its Largest Expansion Project
    Motley Fool16 days ago

    Enbridge Inc. Finally Gets the Green Light to Finish Its Largest Expansion Project

    The needle-moving project increases the probability that the Canadian energy infrastructure giant can achieve its dividend growth plan.

  • Enbridge Stock Rose 4.5% following Its Pipeline Approval
    Market Realist17 days ago

    Enbridge Stock Rose 4.5% following Its Pipeline Approval

    Enbridge (ENB) stock closed 4.5% higher on June 28 after the Minnesota Public Utilities Commission approved its Line 3 Replacement project. The Commission approved Enbridge’s preferred route for the project. The approval of Enbridge’s preferred route means that there won’t be any material change in the project’s cost.