29.49 +0.07 (0.22%)
After hours: 4:11PM EDT
|Bid||29.50 x 500|
|Ask||29.70 x 500|
|Day's Range||29.38 - 29.62|
|52 Week Range||29.00 - 42.31|
|PE Ratio (TTM)||22.77|
|Forward Dividend & Yield||2.09 (6.42%)|
|1y Target Est||N/A|
The pipeline was originally announced in December as a joint venture between Houston-based Phillips 66 and Canadian midstream company Enbridge Inc., but there have been some changes over the past five months.
Enbridge Inc’s (TSX:ENB) most recent return on equity was a substandard 4.68% relative to its industry performance of 6.46% over the past year. Though ENB’s recent performance is underwhelming, itRead More...
San Antonio-based refining company Andeavor has entered into a joint venture to build a pipeline from the Permian Basin of West Texas to storage terminals along the Gulf Coast.
Energy Transfer Equity (ETE) was trading at a price-to-distributable-cash-flow (or DCF) ratio of 17.4x on April 20, which is lower than its levels at the end of 4Q17. However, the current price-to-DCF ratio is higher than the ten-quarter average of 15.3x.
Oil prices hit new three-year highs on Tuesday morning on the back of geopolitical tensions before falling back quickly as traders booked profits
Shares of Canadian pipeline operator Enbridge Inc dropped more than 4 percent on Tuesday after a Minnesota judge agreed the Line 3 oil pipeline replacement project was needed, but rejected the company's preferred route. Enbridge has proposed a C$8.2 billion ($6.4 billion)replacement of its existing Line 3 export pipeline, which extends from Alberta into Wisconsin, doubling capacity on the line to 760,000 barrels per day. Administrative Law Judge Ann O'Reilly, of the Minnesota Office of Administrative Hearings for the Public Utilities Commission ruled late on Monday that Enbridge should be issued permission for the replacement, but said the company should use its existing right of way, adding hurdles to the project's construction.
Shares of Canadian pipeline operator Enbridge Inc dropped more than 4 percent after a Minnesota judge agreed the Line 3 oil pipeline replacement project was needed, but rejected the company's preferred route.
Officials say a remotely operated underwater vehicle is getting a close-up look at electric cables damaged by what Michigan's attorney general has called a tugboat anchor strike in a channel connecting ...
Moody's Investors Service, ("Moody's") today assigned a Baa1 senior unsecured rating to Sabal Trail Transmission, LLC's (Sabal) proposed issuance of up to $1,500 million senior unsecured notes. ...
According to the North Dakota Department of Mineral Resources, the state produced 1,174,769 barrels of oil per day and 2,102,266 thousand cubic feet per day of associated gas in February.
Oil prices have recovered from two year lows recently amid dwindling supplies and higher export demand – and the outlook for the new year is positive. Crude stocks, other than the U.S. Strategic Petroleum Reserve, are at two-year lows due to greater demand and an effort on the part of oil producers to limit supply. The International Energy Agency says oversupply appears to be ending and OPEC and 10 other producers cut a deal earlier in December to extend production limits through the end of 2018.
Oil is flowing again through side-by-side pipelines beneath the waterway that connects Lake Huron and Lake Michigan. Enbridge Inc. announced Monday afternoon it has restarted its Line 5, which was shut ...
In what might be the single biggest blunder in the history of oil, one Chinese company missed out on possibly one of the largest oil finds recently discovered.
Michigan Gov. Rick Snyder said Wednesday that twin oil pipelines in a waterway linking two of the Great Lakes appear to have sustained minor damage from a vessel that may also have caused a recent leak ...
Investors pursuing a solid, dependable stock investment can often be led to Enbridge Inc (TSX:ENB), a large-cap worth CA$68.50B. One reason being its ‘too big to fail’ aura which givesRead More...
If Kinder Morgan Canada Ltd. decides to shelve its now-stalled Trans Mountain pipeline expansion project, oil sands producers will have to get creative about moving their crude.