36.11 0.00 (0.00%)
After hours: 5:03PM EDT
|Bid||36.14 x 1100|
|Ask||36.13 x 4000|
|Day's Range||35.75 - 36.26|
|52 Week Range||28.82 - 38.04|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||49.74|
|Forward Dividend & Yield||2.21 (6.19%)|
|1y Target Est||N/A|
CALGARY , Oct. 1, 2019 /CNW/ - Enbridge Inc. (ENB) (ENB) ("Enbridge" or the "Company") today announced it has closed the previously announced transaction to sell Enbridge Gas New Brunswick Limited Partnership along with its general partner Enbridge Gas New Brunswick Inc. (together "New Brunswick Gas") to Liberty Utilities ( Canada ) LP, a wholly-owned subsidiary of Algonquin Power & Utilities Corp., for a cash purchase price of CAD $331 million , subject to certain customary adjustments. This asset sale demonstrates the continued execution of Enbridge's business strategy to focus on core pipeline and utility assets.
CALGARY , Sept. 29, 2019 /CNW/ - On September 27 , the Canada Energy Regulator (CER) ordered that Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) may not offer firm service to prospective shippers on the Mainline until such firm service, including all associated tolls and terms and conditions of service, has been approved by the CER. Although this decision changes the timing of the open season, Enbridge today re-affirmed its plan to proceed with contracting of its Mainline system in response to its customers' needs through an expected filing of a regulatory application seeking approval of firm service, on terms and conditions approved by the CER.
NextDecade Corporation (NextDecade) (NEXT) and Enbridge Inc. (Enbridge) (ENB.TO) (ENB) announced today a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas to transport natural gas to NextDecade’s Rio Grande LNG project located in Brownsville, Texas. Rio Bravo is designed to transport 4.5 billion cubic feet per day of natural gas from the Agua Dulce area to Rio Grande LNG.
CALGARY and DULUTH, MN, Sept. 17, 2019 /PRNewswire/ - Enbridge Inc. (ENB) (ENB) today said it supports today's ruling by the Minnesota Supreme Court that a further review of the Line 3 Replacement Project (L3RP)'s Final Environmental Impact Statement (FEIS) is not necessary. "We agree with this decision from the Minnesota Supreme Court which now allows the Minnesota Public Utilities Commission to move forth with the permitting process for the Line 3 replacement," said Guy Jarvis, Executive Vice President, Liquids Pipelines. Forward-looking information, or forward-looking statements, have been included in this news release to provide information about the Company and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' future plans and operations.
CALGARY , Sept. 5, 2019 /CNW/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) provided an update today on the Canadian Mainline open season regulatory process. On August 2, 2019 , Enbridge commenced an open season, offering firm capacity on its crude oil Mainline system, effective upon expiry of the Competitive Toll Settlement that is in place until July 1, 2021 . The open season is the first stage of Enbridge determining whether there is sufficient commercial interest for its offering to provide priority access on the Mainline for terms of 8 – 20 years.
CALGARY, Aug. 30, 2019 /PRNewswire/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) today announced that it has reached a commercial agreement with shippers to place the Canadian portion of the Line 3 replacement pipeline into service by the end of this year. Enbridge will be filing a tariff with the Canada Energy Regulator for a temporary surcharge with a proposed effective date of December 1, 2019. Forward-looking information, or forward-looking statements, have been included or incorporated by reference in this news release to provide information about Enbridge Inc. ("Enbridge" or the "Company") and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' and affiliates' future plans and operations.
CALGARY , Aug. 19, 2019 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series 3 (Series ...
CALGARY, Aug. 2, 2019 /PRNewswire/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 3 (Series 3 Shares) (ENB-PY.TO) on September 1, 2019. As a result, subject to certain conditions, the holders of the Series 3 Shares have the right to convert all or part of their Series 3 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 4 of Enbridge (Series 4 Shares) on September 1, 2019.
CALGARY , Aug, 2, 2019 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported second quarter 2019 financial results and provided a quarterly business update. SECOND ...
CALGARY , Aug. 2, 2019 /CNW/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) today announced it will be holding an open season for transportation services on the Canadian Mainline pipeline system. The Canadian Mainline is a common carrier pipeline system with 100% of its transportation capacity currently available to shippers on a spot, or uncommitted, basis. The Competitive Tolling Settlement (CTS) that governs transportation tolls on the Mainline will expire on June 30, 2021 .
CALGARY , July 2, 2019 /CNW/ - Enbridge Inc. (ENB) (ENB) (Enbridge or the Company) today announced it will be holding Open Seasons on the Express Pipeline Limited Partnership pipeline in Canada , for existing and expanded capacities, for service originating at Hardisty, Alberta , with delivery points on the Express Pipeline LLC pipeline in the United States . "Given the shortage of pipeline capacity out of the Western Canadian Sedimentary Basin, Enbridge has been exploring options to provide industry with incremental near term capacity," said Guy Jarvis Executive Vice President Liquids Pipelines. Bona fide potential shippers that desire to receive copies of the Open Season documents, including Open Season Procedures and Transportation Service Agreements, are required to execute a confidentiality agreement (CA).