|Bid||42.84 x 0|
|Ask||42.94 x 0|
|Day's Range||42.42 - 43.37|
|52 Week Range||37.36 - 51.04|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||28.74|
|Earnings Date||Nov 2, 2018|
|Forward Dividend & Yield||2.68 (6.36%)|
|1y Target Est||53.24|
Enbridge Inc said on Friday that it is preparing to start construction on a damaged natural gas pipeline in British Columbia and expects it be fixed by mid-November, though it and an adjacent line will both operate at reduced pressure. The pipeline was shut down after it ruptured earlier this month causing gas to ignite, leading to the evacuation of about 100 people in northeast British Columbia and disrupting refinery operations hundreds of miles away in the state of Washington. Enbridge said it expects the 36-inch line to be repaired and operating by mid-November, pending regulator approval, though at 80 percent of its normal pressure.
There’s a virtually unknown commodity that is taking markets by storm, and it could very well be the key to the energy storage revolution
The amount of natural gas moving from British Columbia to Washington state through the Sumas hub edged up over the weekend after Enbridge Inc last week returned a pipeline to service following a pipe blast in British Columbia. The reduction in the amount of gas flowing through the point, however, caused prices at the hub to rocket to their highest since 2014. Enbridge returned a 30-inch (76-centimeter) gas pipe in British Columbia that was shut after a fire on an adjacent 36-inch line on Oct. 9, leading to supply disruptions in British Columbia and Washington.
CALGARY , Oct. 15, 2018 /CNW/ - Enbridge Inc. (ENB.TO) (ENB) (Enbridge) announced it will move forward with the amalgamation of its Ontario based utilities, Enbridge Gas Distribution Inc. (Enbridge Gas Distribution) and Union Gas Limited (Union Gas), with an expected effective date of January 1, 2019 . This decision follows a detailed review of the parameters of the regulatory approval received from the Ontario Energy Board on August 30, 2018 , and the approvals of the board of directors of each of Enbridge, Enbridge Gas Distribution and Union Gas.
CALGARY, Oct. 15, 2018 /PRNewswire/ - Enbridge Inc. (ENB.TO) (ENB) (Enbridge) announced it will move forward with the amalgamation of its Ontario based utilities, Enbridge Gas Distribution Inc. (Enbridge Gas Distribution) and Union Gas Limited (Union Gas), with an expected effective date of January 1, 2019. This decision follows a detailed review of the parameters of the regulatory approval received from the Ontario Energy Board on August 30, 2018, and the approvals of the board of directors of each of Enbridge, Enbridge Gas Distribution and Union Gas.
Oil markets appear to have taken a bearish turn as stock market volatility and reports of a significant inventory build from the EIA combined to drag prices down
Canada's Enbridge Inc on Thursday said a 30-inch natural gas pipeline in northern British Columbia has become operational after being shut down due to a fire in an adjacent line, which led to supply disruptions in the U.S. state of Washington. Enbridge, Canada's largest pipeline operator, isolated and depressurized a 36-inch (91-cm) pipeline, which carries gas to the Pacific Northwest, after it ruptured on Tuesday evening causing gas to ignite. The Canadian regulator, National Energy Board (NEB), on Wednesday night approved the restart of the 30-inch line, which runs parallel to the impacted line, after a comprehensive integrity assessment, Enbridge said.
U.S. energy regulators approved Canadian energy company Enbridge Inc's request to put part of its $2.6 billion NEXUS natural gas pipeline from Ohio to Michigan into service. NEXUS is one of several gas pipelines designed to connect growing output in the Marcellus and Utica shale basins in Pennsylvania, West Virginia and Ohio with customers in other parts of the United States and Canada. Enbridge said the facilities the U.S. Federal Energy Regulatory Commission (FERC) on Wednesday allowed the company to put into service will enable it to transport about 0.97 billion cubic feet per day (bcfd).
An explosion Tuesday on Enbridge Inc.’s Mainline gas pipeline curbed supply, rippling through energy markets in the Pacific Northwest. Enbridge said late Wednesday that it received permission from Canadian regulators to resume flow on a 30-inch (76-centimeter) line that is in the same right of way as the 36-inch line that exploded. The smaller line, shut as a precautionary measure after the rupture, will be returned to about 80 percent of normal capacity, Enbridge said in a statement.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ENB. ENB credit default swap spreads are within the middle of their range for the last three years.
Canada's Enbridge Inc said on Wednesday it had approval to restart operations on a 30-inch natural gas pipeline in northern British Columbia, after a fire in an adjacent line led to disruptions for refineries in the U.S. state of Washington. The Canadian regulator, National Energy Board (NEB), approved on Wednesday night the restart of the 30-inch line after a comprehensive integrity assessment, Enbridge said.
There were quite a few MLP merger announcements in the third quarter. On August 1, Energy Transfer Partners (ETP) announced an agreement to merge with Energy Transfer Equity (ETE). The transaction is expected to close in Q4 2018. In September, Enbridge (ENB) announced agreements to acquire Enbridge Energy Partners (EEP), Enbridge Energy Management (EEQ), and Enbridge Income Fund Holdings (ENF). The merger was first proposed in May.
Enbridge Inc, Canada's largest pipeline operator, said on Wednesday that it had extinguished a fire on a natural gas line in northern British Columbia that prompted the evacuation of about 100 people and caused disruptions at refineries in neighboring Washington state. The pipeline, which carries natural gas to markets in the Pacific Northwest, ruptured on Tuesday evening causing the gas to ignite. It has been isolated and depressurized, and an adjacent pipeline has been depressurized for safety, said Enbridge.
CALGARY , Oct. 9, 2018 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) will host a joint conference call and webcast with Enbridge Income Fund Holdings Inc. (TSX: ENF), Enbridge Energy Partners, ...
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 Third Quarter Results on November 2
Canadian energy company Enbridge Inc said on Tuesday it put part of its Texas Eastern Appalachian Lease (TEAL) natural gas pipeline project in Ohio into service, according to a company filing with U.S. federal energy regulators. TEAL is one of several gas pipelines designed to connect growing output in the Marcellus and Utica shale basins in Pennsylvania, West Virginia and Ohio with customers in other parts of the United States and Canada.
Baker Hughes is buying a stake in a subsidiary of Abu Dhabi National Oil Co. in a deal that marks the first time Abu Dhabi National Oil Co. has brought on an international equity partner for one of its existing businesses.
Enbridge (ENB) will be responsible for all the costs incurred for the Line 5 replacement works under the Straits of Mackinac.
Dividend investors have a number of high-yield options in the midstream space, but these three stocks should be at the top of your list.
Federal regulators are giving Valley Crossing Pipeline more time to connect the natural gas project to its counterpart south of the border in Mexico.