|Bid||47.14 x 0|
|Ask||47.25 x 0|
|Day's Range||46.83 - 47.32|
|52 Week Range||37.36 - 49.68|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||48.88|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||2.95 (6.43%)|
|1y Target Est||52.94|
# Enbridge Inc ### NYSE:ENB View full report here! ## Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding ENB is favorable, with net inflows of $10.72 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator with a strengthening bias over the past 1-month. ENB credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years. Please send all inquiries related to the report to firstname.lastname@example.org. 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.
Besides oil-by-rail and new pipelines, Alberta is looking into adding new refining capacity in order to alleviate the ongoing crude glut
Al Monaco became the CEO of Enbridge Inc. (TSE:ENB) in 2012. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. After Read More...
While Western Canadian Select prices have surged since mid November, helped by a provincial plan to curtail 325,000 barrels of daily output, trading has been thin and doesn’t reflect the fundamentals of the physical market, said Andrew Botterill, a partner in Deloitte’s resource evaluation & advisory group in Calgary. WCS may retreat to $38 in 2019, while U.S. benchmark West Texas Intermediate may rise to $58 a barrel this year, implying a $20 differential, Botterill said in a note published Tuesday. “We are still in an oversupply, and we do have a lot of volumes that are currently sitting in storage, and Canada as a whole has to get through that,” Botterill said in an interview.
HOUSTON , Jan. 8, 2019 /PRNewswire/ - Enbridge Inc. ("Enbridge") today announced that its wholly owned subsidiaries, Enbridge Energy Partners, L.P. ("EEP") and Spectra Energy Partners, ...
Enbridge Inc. Announces that Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP Have Launched Consent Solicitations with Respect to Certain of their Outstanding Notes
The government of Alberta, weighing the potential of a new refinery for the province, may be on its way to finding out. Now Premier Rachel Notley’s government wants to see if keeping more of the oil at home with a new refinery will make a difference. On Dec. 11, the government reported it was surveying private companies about building a new refinery.
Bullish sentiment has returned to oil markets in 2019, with Saudi Arabia cutting production while China and the U.S. look to end the trade war
Energy companies in Texas are heading into the holidays after something of a grim quarter for oil prices. The price decline since the start of the period is similar in magnitude to the one that took place in the fourth quarter of 2014, which preceded a years-long downturn, according to an Energy Information Administration report Dec.
Enbridge Inc. and Enbridge Income Fund Announce Completion of the Exchange of Certain Enbridge Income Fund Medium Term Notes for Newly-Issued Enbridge Inc. Medium Term Notes
CALGARY , Dec. 21, 2018 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) and Enbridge Income Fund (the Fund) today announced the completion of a previously announced transaction ...
Seaway Crude Oil Pipeline Company LLC today announced the start of a binding open season to gauge shipper support for expanded crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area. The final volume of capacity for committed and uncommitted service, as well as the points of origin and destination, will be determined based on the results of the open season. The open season, which began today at 9 a.m. CST, will continue until 5 p.m. CST on January 21, 2019.
Earlier this week, Enbridge completed its $3.3 billion acquisition of another MLP, Houston-based Spectra Energy Partners LP.
CALGARY and HOUSTON , Dec. 20, 2018 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge), on behalf of itself and certain of its wholly owned U.S. subsidiaries, Enbridge Energy Partners, L.P. ...
Enbridge Inc. Completes Mergers with Enbridge Energy Partners, L.P. and Enbridge Energy Management, L.L.C.
A proposal to run an oil pipeline beneath a crucial section of the Great Lakes cleared its final hurdle Wednesday, gaining approval of a Michigan panel created a week earlier in a dash to complete the deal before Republican Gov. Rick Snyder leaves office. The three-member Mackinac Straits Corridor Authority unanimously backed an agreement between the state and Canadian pipeline company Enbridge to drill a tunnel through bedrock up to 100 feet (30.4 meters) below the more than 4-mile-wide (6.4 kilometer) channel that links Lakes Huron and Michigan. A new segment of pipeline would extend through the tunnel, replacing twin pipes that have lain along the lake bed since 1953.
A plan to build an oil pipeline tunnel beneath a channel linking Lakes Huron and Michigan has won final approval. One week after it was established, a Michigan panel approved an agreement between outgoing Republican Gov. Rick Snyder's administration and the Canadian pipeline company Enbridge.
During the fast-paced Lightning Round of Tuesday's Mad Money program, Jim Cramer was bullish on Enbridge Inc. Enbridge is an "energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation." Sounds complicated so let's just look at the charts. In this daily bar chart of ENB, below, we can see that prices have weakened since the beginning of the year.
HOUSTON, Dec. 17, 2018 /PRNewswire/ - Enbridge Energy Partners, L.P. (EEP) (EEP or the Partnership) and Enbridge Energy Management, L.L.C. (EEQ) (EEQ) today announced that EEP unitholders and EEQ shareholders, at special meetings held earlier today, respectively approved the previously announced separate merger agreements with respect to the merger (the EEP Merger) of EEP with a wholly owned subsidiary of Enbridge Inc. (ENB.TO) (ENB) (Enbridge), and the merger (the EEQ Merger) of EEQ with a wholly owned subsidiary of Enbridge, respectively. Pursuant to the Agreement and Plan of Merger, dated as of September 17, 2018, for the EEP Merger, Enbridge (through a wholly owned subsidiary) will acquire all of the outstanding public Class A common units of EEP, resulting in EEP becoming an indirect, wholly owned subsidiary of Enbridge.
Enbridge is working to simplify its corporate structure and plans to acquire two other Houston-based businesses for a combined $3.5 billion combined by the end of the year.