|Bid||48.64 x 0|
|Ask||48.70 x 0|
|Day's Range||48.35 - 48.99|
|52 Week Range||37.36 - 49.70|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||33.36|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||2.95 (6.16%)|
|1y Target Est||53.76|
The discount widened as Enbridge said that crude shipments through the heavy oil pipelines of its Mainline, which is the largest Canadian oil export pipeline system, would be apportioned 41 percent in March, up from 39 percent in February. The system carries oil from Alberta to Superior, Wisconsin, where it connects to other lines linked to refineries in the U.S. Gulf Coast.
Management has a plan in place for the next several years now that it has completed the acquisition of its subsidiaries.
Westcoast Energy Announces Redemption of Cumulative Redeemable First Preferred Shares, Series 7, and Series 8
Canadian pipeline operator Enbridge Inc was not surprised by renewed opposition from Minnesota's state government to its C$9 billion Line 3 but still expects the oil pipeline replacement to enter service by year-end, its chief executive said on Friday. The pipeline passes through Minnesota as it runs from Alberta to Wisconsin. Replacement would allow Enbridge to restore its flow to 760,000 barrels per day.
The Calgary, Alberta-based company said it had net income of 45 cents per share. Earnings, adjusted for non-recurring costs, were 49 cents per share. The results beat Wall Street expectations. The average ...
Enbridge Inc, Canada's largest pipeline operator, posted a jump in quarterly profit on Friday, compared with the year ago when it had taken a C$4.55 billion charge related to the write-down of some assets. ...
CALGARY , Feb. 15, 2019 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) is pleased to announce that its Board of Directors has appointed Teresa S. Madden and Susan M. Cunningham as Directors of Enbridge. ...
CALGARY , Feb. 15, 2019 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported fourth quarter and full year 2018 financial results and provided a quarterly business ...
CALGARY , Feb. 14, 2019 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that none of Enbridge's outstanding Cumulative Redeemable Preference Shares, Series ...
TransCanada Reported Strong Q4 Results, Raised Dividends 8.7%TransCanada’s earnings roseTransCanada (TRP) reported its fourth-quarter results on February 14. The company reported 32% growth in its comparable earnings for the fourth quarter
"Preliminary investigation has led TransCanada to believe that the oil discovered in St. Charles county likely originates from the Keystone Pipeline system," company spokesman Terry Cunha said in an email Friday. TransCanada declared force majeure on some shipments Thursday after the leak was discovered Wednesday. The disruption comes as U.S. Gulf Coast refiners seek alternatives to heavy crude after sanctions on Venezuela effectively cut off access to the country’s oil.
TransCanada Corp. believes its Keystone pipeline is likely the source of an oil leak near St. Louis that Missouri officials have estimated at 1,800 gallons (6,814 liters), a spokesman for the company said Friday. Sections of both the Keystone pipeline and Enbridge Inc.'s Platte pipeline were closed as crews sought to find the source of the leak, which was discovered Wednesday in St. Charles County. "Following overnight activity and excavation, preliminary investigation has led TransCanada to believe that the oil discovered in St. Charles County likely originates from the Keystone Pipeline system and we will continue to conduct our activities accordingly," TransCanada spokesman Terry Cunha said.
TransCanada says its Keystone pipeline is likely the source of an oil leak near St. Louis. Spokesman Terry Cunha in a Friday statement said crews continue to excavate the St. Charles County area where the leak was discovered Wednesday. A spokesman for Enbridge Inc. said it's "highly confident" that its nearby Platte pipeline wasn't the source.
Heavy Western Canadian Select for March traded at $10.30 below the calendar average for West Texas Intermediate crude futures, compared with a $9.40 discount earlier Thursday, according to data from Net Energy Exchange. Prices weakened as shutdowns of TransCanada Corp.’s Keystone pipeline and Enbridge Inc.’s Platte line on Wednesday dragged on and threatened a pile-up of crude in Alberta. Canada’s oil-sands crude serves as a similar substitute, but Alberta has struggled with pipeline bottlenecks that have forced rationing on export pipelines and prompted the province to impose mandatory production curtailments.