|Bid||46.42 x 0|
|Ask||46.43 x 0|
|Day's Range||46.25 - 46.64|
|52 Week Range||39.40 - 51.22|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||21.18|
|Earnings Date||Aug 1, 2019 - Aug 6, 2019|
|Forward Dividend & Yield||2.95 (6.38%)|
|1y Target Est||54.17|
Enbridge Inc NYSE:ENBView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for ENB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ENB. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ENB had net inflows of $1.99 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. ENB credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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CALGARY, June 5, 2019 /PRNewswire/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) today confirmed it is proceeding with preparations to advance its 2019 plan in support of constructing a tunnel to house the Straits of Mackinac crossing of the Company's Line 5 pipeline. As previously announced, Enbridge believes the tunnel can be under construction in 2021 and in service as soon as early 2024, assuming no delays in the permitting process. Enbridge has further committed that operation of the existing Straits Line 5 crossing would cease immediately following the placement into service of the replacement pipeline in the tunnel.
CALGARY, Alberta/ WINNIPEG, Manitoba, June 3 (Reuters) - A Minnesota court ruled on Monday that Enbridge Inc's final environmental impact statement for its Line 3 replacement project is inadequate, raising the possibility the Canadian crude oil pipeline could face further delays. The Line 3 replacement project would ship 760,000 barrels per day of Canadian crude from Alberta to Wisconsin, doubling current capacity and providing much-needed relief from congestion on existing Canadian pipelines. It is the furthest advanced of three proposed pipeline expansions - along with the Canadian government-owned Trans Mountain and TC Energy Corp's Keystone XL - that would ease a glut of oil in Alberta.
Enbridge Inc. said Thursday it could have a proposed oil pipeline tunnel built and operating beneath a crucial Great Lakes channel by early 2024, responding to demands from Michigan officials to expedite the shutdown of existing twin pipelines. The Canadian company said it had sent Gov. Gretchen Whitmer a revised timeline for drilling the $500 million tunnel through bedrock beneath the Straits of Mackinac, the 4-mile-wide (6.4-kilometer-wide) channel linking Lakes Huron and Michigan. "Assuming we are able to move through the permitting process without delay, we believe the tunnel can be under construction in 2021 and in service as soon as early 2024," Enbridge said in a statement.
CALGARY, May 30, 2019 /PRNewswire/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) today addressed statements made yesterday by the Michigan Attorney General and Governor about our joint efforts with the State on the proposed construction of an underground tunnel that would ultimately house a replacement of the existing Line 5 pipelines across the Straits of Mackinac, which have always operated safely. In recent meetings and in a letter to the Governor, Enbridge has reiterated its shared vision with Michigan of further reducing risk and how we believe constructing a tunnel to house the Straits pipelines is the most effective and timely way to remove the existing Line 5 while ensuring the critical energy needs of Michiganders are met.
Comparing TC Energy and Enbridge Stocks(Continued from Prior Part)Enbridge’s yieldEnbridge (ENB) stock is trading at a yield of ~5.9%, which is ~120 basis points higher than TC Energy’s (TRP) yield. The two stocks have seen a significant rise in
Comparing TC Energy and Enbridge StocksEnbridge stockEnbridge (ENB) has risen ~21% in 2019. Enbridge had underperformed TC Energy (TRP), which has risen 38% year-to-date. A delay in Enbridge’s Line 3 Replacement project and analysts’ downgrades
Today we are going to look at Enbridge Inc. (TSE:ENB) to see whether it might be an attractive investment prospect. In...
CALGARY , May 17, 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 ...