|Bid||50.01 x 0|
|Ask||49.99 x 0|
|Day's Range||49.82 - 50.68|
|52 Week Range||48.88 - 59.69|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||39.36|
|Earnings Date||May 04, 2023 - May 08, 2023|
|Forward Dividend & Yield||3.55 (7.00%)|
|Ex-Dividend Date||Feb 14, 2023|
|1y Target Est||58.40|
Subscribe to Yahoo Finance Plus to view Fair Value for ENB.TO
Canada's Enbridge Inc said on Thursday it was "disappointed" by the U.S. Army Corps of Engineers' decision to extend the federal permitting process for the company's proposed Great Lakes Tunnel that would rehouse its Line 5 oil pipeline underneath the Straits of Mackinac. Calgary-based Enbridge said the move will delay its plan to replace a section of the existing Line 5 pipeline, which runs underwater for four miles (6.4 km) between Lakes Michigan and Huron, and push back the start of construction until 2026. "While we are supportive of a thorough, comprehensive and carefully considered permitting process that ensures adequate opportunity for review and comment, we are disappointed with the extended timeline for a project of this scope," Enbridge spokesman Ryan Duffy said in a statement.
The recent price decline of 3.3% in Enbridge Inc.'s ( TSE:ENB ) stock may have disappointed insiders who bought CA$546k...
Enbridge (ENB) closed at $37.15 in the latest trading session, marking a +1.61% move from the prior day.