About ENB
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing fac... [Read more]
Industry
Sector Energy
Founded 1949
Employees 11,500
Stock Exchange NYSE
Ticker Symbol ENB
Full Company Profile
Financial Performance
In 2023, Enbridge's revenue was 43.65 billion, a decrease of -18.12% compared to the previous year's 53.31 billion. Earnings were 5.84 billion, an increase of 125.53%.
Financial numbers in CAD Financial Statements
Analyst Forecast
According to 6 analysts, the average rating for ENB stock is "Buy." The 12-month stock price forecast is $56.6, which is an increase of 59.98% from the latest price.
Price Target
$56.6
(59.98% upside)
Analyst Consensus: Buy
Stock Forecasts
News
Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan
REGINA, SK , June 24, 2024 /PRNewswire/ - Today,Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) and Six Nations Energy Development LP (Six Nations) – a newly-created consortium of Cowe...
14 days ago - PRNewsWire
Enbridge Gas Faces Union Backlash Over Toronto Shift Cuts
Enbridge Inc.'s gas unit is under scrutiny following claims from Canadian labor union Unifor that the company plans to cut its emergency response shifts in Toronto, aiming to reduce costs. Per a Reute...
4 weeks ago - Benzinga
Labor union says Enbridge Gas to cut emergency response shifts in Toronto
Canadian labor union Unifor said on Friday that Enbridge's gas unit wants to cut its emergency response shifts in Toronto, amid an emphasis on curtailing costs.
4 weeks ago - Reuters
Canada's oil sands CEOs push back against proposed oil and gas emissions cap
Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...
Other symbols: CVEIMOSU
4 weeks ago - Reuters
Enbridge Completes Acquisition of Questar Gas Company
CALGARY, AB , June 3, 2024 /PRNewswire/ -Enbridge Inc. (TSX: ENB) (NYSE: ENB) ("Enbridge" or the "Company") announced today the closing of its acquisition of the Questar Gas Company ("Questar Gas") a...
5 weeks ago - PRNewsWire
Dominion Energy Announces Closing of Sale of Western Natural Gas Distribution Assets Questar Gas, Wexpro
RICHMOND,Va., June 3, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced closure of the sale of its Salt Lake City, Utah-based natural gas utility Questar Gas Company, and its cost...
Other symbols: D
5 weeks ago - PRNewsWire
EDF Renewables North America and Enbridge Celebrate Completion of Fox Squirrel Solar Phase 1
MADISON COUNTY, Ohio--(BUSINESS WIRE)--EDF Renewables North America and Enbridge Inc, a leading North American energy infrastructure company (TSX: ENB) (NYSE: ENB), celebrated today with more than 100...
6 weeks ago - Business Wire
Enbridge Announces Conversion Results for Series R Preferred Shares
CALGARY, AB , May 17, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced today that none of its outstanding Cumulative Redeemable Preference Shares, Series R (Series R Share...
7 weeks ago - PRNewsWire
Enbridge Files Prospectus Supplements to Enable an At-the-Market Equity Issuance Funding Option for its Acquisitions
CALGARY, AB , May 16, 2024 /PRNewswire/ -Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it has made certain Canadian and U.S. securities filings to enable an at-t...
7 weeks ago - PRNewsWire
Enbridge beats first-quarter profit estimates
Pipeline operator Enbridge beat market estimates for first-quarter profit on Friday, as demand remained strong amid an uptick in oil production across North America.
2 months ago - Reuters
Enbridge Reports Record First Quarter 2024 Financial Results, Reaffirms Financial Guidance and Advances Strategic Priorities
CALGARY, AB , May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE:ENB) today reported first quarter 2024 financial results, reaffirmed its 2024 financial guidance and...
2 months ago - PRNewsWire
Enbridge Publishes 23rd Annual Sustainability Report
Company outlines progress across environment, social and governance priorities CALGARY, AB , May 10, 2024 /PRNewswire/ -Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today published ...
2 months ago - PRNewsWire
Enbridge Inc. Announces Election of Directors
CALGARY, AB , May 8, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the regular business p...
2 months ago - PRNewsWire
Enbridge Provides Notice of Series R Preferred Shares Conversion Right and Announces Reset Dividend Rates
CALGARY, AB , May 2, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstandin...
2 months ago - PRNewsWire
Enbridge selects contractors for its Great Lakes Tunnel Project
Canadian energy company Enbridge has retained a joint venture partnership between Barnard Construction Company, Inc. and Civil and Building North America, Inc (CBNA). to construct the Great Lakes Tunn...
2 months ago - Reuters
Enbridge Inc. Declares Quarterly Dividends
CALGARY, AB , April 24, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common...
2 months ago - PRNewsWire
Enbridge Inc. to Host Webcast to Discuss 2024 First Quarter Results on May 10
CALGARY, AB , April 5, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 first qua...
3 months ago - PRNewsWire
Enbridge wins approval to commence service on Louisiana Venice natgas pipe project
Canadian energy company Enbridge's Texas Eastern Transmission subsidiary received approval on Thursday from U.S. energy regulators to commence service of a natural gas pipeline associated with its Ven...
3 months ago - Reuters
Enbridge Completes Sale of its Interests in Alliance Pipeline and Aux Sable
CALGARY, AB , April 1, 2024 /PRNewswire/ - Enbridge Inc. ("Enbridge" or "the Company") (TSX:ENB) (NYSE: ENB) announced today the closing of the agreement to sell its 50.0% interest in Alliance Pipeli...
Other symbols: PBA
3 months ago - PRNewsWire
Enbridge to form natural gas supply venture
Enbridge will form a venture with WhiteWater/I Squared Capital and MPLX to operate natural gas pipeline and storage assets connecting Permian Basin supplies to the growing LNG and U.S. Gulf Coast dema...
3 months ago - Reuters
WHISTLER PIPELINE AND ENBRIDGE AGREE TO STRATEGIC COMBINATION OF WHISTLER AND RIO BRAVO NATURAL GAS ASSETS
AUSTIN, Texas , March 26, 2024 /PRNewswire/ --WhiteWater, I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (TSX: ENB) (NYSE: ENB) jointly announce they have entered into a definitive agreement to s...
Other symbols: MPLX
3 months ago - PRNewsWire
Enbridge to Enter into JV Connecting Permian Basin Natural Gas Supply to Growing LNG and USGC Demand
CALGARY, AB , March 26, 2024 /PRNewswire/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with WhiteWater/I Squared Capital ("WhiteW...
3 months ago - PRNewsWire
Top Wall Street analysts like these dividend stocks for portfolio income
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Bank of America and PepsiCo.
Other symbols: BACPEP
3 months ago - CNBC
Enbridge eyes 120,000 bpd expansion to Gray Oak, Texas oil pipeline by 2025
Energy pipeline company Enbridge plans to expand capacity on its Gray Oak oil pipeline by 80,000 barrels per day (bpd) this year and could add another 40,000 bpd in 2025, an executive told Reuters on ...
3 months ago - Reuters
Dominion Energy Announces Closing of Sale of Ohio Natural Gas Distribution Company
RICHMOND, Va. , March 7, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), today announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas Company – to Enbridge Inc. (TSX: ...
Other symbols: D
4 months ago - PRNewsWire
