|Bid||35.35 x 3000|
|Ask||35.36 x 4000|
|Day's Range||34.55 - 35.40|
|52 Week Range||29.00 - 42.31|
|PE Ratio (TTM)||33.44|
|Forward Dividend & Yield||2.07 (5.84%)|
|1y Target Est||45.03|
Weeks after Minnesota regulators approved the replacement of an oil pipeline that crosses the state, Native American and environmental groups are starting to oppose the project with a similar playbook to a failed effort to stop the Dakota Access pipeline. Winona LaDuke, who lives 30 miles from the pipeline’s route on the White Earth reservation of the Ojibwe tribe, said three small protest camps have sprung up. To draw more protesters, she is planning a public campaign that includes a concert with the Indigo Girls in Duluth later this month, followed by a ride on horseback along the pipeline’s route.
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 Second Quarter Results on August 3
CALGARY , July 12, 2018 /PRNewswire/ - Enbridge Inc. (TSX, NYSE: ENB) (Enbridge) will host a joint conference call and webcast with Enbridge Income Fund Holdings Inc. (TSX: ENF), Enbridge Energy Partners, ...
The Zacks Analyst Blog Highlights: Enbridge, Chevron, Core Laboratories N.V. and National Oilwell Varco
Enbridge (ENB) is getting rid of assets in order to pare debt, while Chevron (CVX) is set to put a number of its oil and gas fields in Britain's North Sea for sale.
Moody's Investors Service (Moody's) assigned a Ba2 rating to DCP Midstream Operating, LP 's (DCP Midstream Operating) proposed senior notes due 2025. DCP Midstream, LP's (DCP) existing ratings, including the Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating, B1 preferred units ratings and SGL-3 Speculative Grade Liquidity (SGL) rating are unchanged. Additionally, DCP Midstream Operating's Ba2 senior unsecured notes ratings and the B1 junior subordinated notes rating are unchanged.
Enbridge Inc announced the sale of its natural gas gathering and processing business to Brookfield Infrastructure Partners L.P.
Brookfield Infrastructure Partners L.P. (NYSE: BIP )'s acquisition of Enbridge Inc (USA) (NYSE: ENB )'s Canadian natural gas gathering and processing business is likely underappreciated by the market, ...
Brookfield Infrastructure (BIP) to further expand its footprint in natural gas gathering and processing business via acquisition of the Canadian Midstream Business from Enbridge.
Enbridge's (ENB) assets in the divestment have a total capacity of 3.3 Bcf/day and 3,550 kilometer of natural gas gathering pipelines.
The deal, for 4.3 billion Canadian dollars ($3.7 billion), comes less than two months after the company announced C$3.2 billion of asset sales. Mr. Monaco has been restructuring the Calgary, Alberta-based company since becoming CEO after Enbridge’s $28 billion acquisition of Spectra Energy Corp in 2017. Enbridge borrowed billions to finance that deal, and the company has since been trying to pare that debt.
The business includes 19 natural gas processing plants and liquids handling facilities and is spread across Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Enbridge said. "The sale ... significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model," Enbridge Chief Executive Officer Al Monaco said. Calgary-based Enbridge, which has been under pressure to sell noncore assets and reduce its debt, said in May it would buy its independent units including Spectra Energy Partners and Enbridge Energy Partners as well as its pipeline assets and bring then under a single listed entity.
Enbridge Inc said on Wednesday it would sell its Canadian natural gas gathering and processing business to Brookfield Infrastructure Partners LP and its institutional partners for about C$4.31 billion ($3.28 billion), as part of a move to recast itself as a pipeline utility. The business includes 19 natural gas processing plants and liquids handling facilities and is spread across Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Enbridge said. "The sale ... significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model," Enbridge Chief Executive Officer Al Monaco said.
Enbridge Inc.’s efforts to repair its balance sheet and focus on pipelines took a big step forward with the C$4.31 billion ($3.3 billion) sale of its Canadian natural gas gathering and processing businesses to a group led by Brookfield Asset Management Inc. The deal includes assets that collect gas from drillers in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta, Calgary-based Enbridge said Wednesday. North America’s largest pipeline operator has now struck deals for C$7.5 billion in asset sales this year -- blowing past a goal of C$3 billion in divestitures -- helping it whittle down the debt it took on in last year’s $28.6 billion purchase of Spectra Energy Corp. The company also has been working to focus on its three core businesses of oil pipelines, gas pipelines and gas utilities.
Enbridge Inc. agreed to sell Canadian natural-gas businesses to Brookfield Infrastructure Partners LP for a cash purchase price of C$4.31 billion ($3.3 billion).
The G&P Business includes 19 natural gas processing plants and liquids handling facilities, with a total operating capacity of 3.3 Bcf/d and 3,550 km of natural gas gathering pipelines. "When combined with asset monetizations announced in May, the sale of our Canadian G&P Business significantly advances our strategic priority of moving to a pure play regulated pipeline and utility business model." said Al Monaco , President and Chief Executive Officer of Enbridge. Separate sale agreements have been entered into for those facilities currently governed by provincial regulations ( Alberta and B.C.), and those governed by federal National Energy Board regulations. The transaction involving the sale of the provincially regulated facilities is expected to close in 2018, while the transaction involving the sale of the federally regulated facilities is anticipated to close in mid-2019.
CALGARY , July 4, 2018 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced that it has entered into definitive agreements to sell its Canadian natural gas gathering ...
NEW YORK, NY / ACCESSWIRE / July 2, 2018 / Major U.S. markets finished higher on Friday, but finished the week lower due to ongoing global trade concerns. The Dow Jones Industrial Average increased 0.23 ...