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Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan
Prnewswire· 2024-06-24 19:00
SEVEN STARS ENERGY (CNW Group/Enbridge Inc.)SEVEN STARS ENERGY (CNW Group/Enbridge Inc.) Financial participation of the partners will be supported, in part, by loan guarantees of up to $100 million from the Saskatchewan Indigenous Investment Finance Corporation (SIIFC). The First Nation and Métis partners have an opportunity to acquire equity ownership of at least 30% in the Project. "We're pleased to be working with Enbridge and have the opportunity to strengthen our kinship with First Nations on this impo ...
Enbridge Inc (ENB) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-06-20 22:06
Enbridge (ENB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this oil and natural gas transportation and power transmission company have returned -4.9%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Oil and Gas - Production and Pipelines industry, which Enbridge falls in, has lost 1.9%. The k ...
Enbridge's (ENB) Line 5 Dispute Heads to Michigan State Court
ZACKS· 2024-06-20 21:05
Enbridge's Line 5 pipeline is a 645-mile-long pipeline that runs from Superior, WI, to Sarnia, Ontario, Canada. The pipeline transports oil products to refineries in the Midwest region in the United States and the Canadian provinces of Ontario and Quebec. As per Enbridge, the pipeline is a vital part of the pipeline network that carries nearly 540,000 barrels per day of light crude oil, light synthetic crude and natural gas liquids from Western Canada to Ontario. The appellate court decided that the case sh ...
Enbridge And Our Digital Future
Seeking Alpha· 2024-06-20 19:04
adventtr/E+ via Getty Images Successful investing is all about second-order thinking and looking past the obvious connections. Along this line, it is the goal of this article to argue that Enbridge's (NYSE:ENB) connection to our digital future is underestimated (or not recognized yet) by the market. Our "smart everything" vision is driving energy demand higher, as artificial intelligence technology, cryptocurrency, data centers, and cloud computer servers command a significant supply of power (see the next ...
2 June Bargains With Up To 7.6% Yield
Seeking Alpha· 2024-06-15 21:00
People sometimes ask me when is a good time to invest, and my answer is almost always "now, at the present time". That's because while the overall market may be trading at high valuation, there's almost aways sectors and individual stocks that are temporarily out of favor for one reason or another. That's why I like to think of it as being a market for stocks rather than the stock market. Much like treasure hunting at a discount store like TJX (TJX), one of the thrills of investing is being able to find qua ...
Enbridge (ENB) Completes Questar Gas Buyout From Dominion
ZACKS· 2024-06-14 20:41
Expanding Horizons Questar Gas' extensive asset portfolio includes more than 21,000 miles (33,500 km) of natural gas distribution and transmission pipelines, a liquefied natural gas storage facility for improved system reliability and numerous interconnections to major interstate natural gas pipelines. The company also benefits from a cost-of-service supply agreement with Wexpro, ensuring reliability and affordability for its customers. Michele Harradence, Enbridge's executive vice president and president o ...
Enbridge (ENB) Announces Plans to Expand Westcoast Pipeline
ZACKS· 2024-06-14 00:04
Enbridge Inc. (ENB) has unveiled plans for an expansion of the Westcoast Pipeline in British Columbia to address the rising natural gas demand in the province and the U.S. Pacific Northwest. The expansion project will add a 137-kilometer looping pipeline with a 42-inch diameter, significantly boosting the natural gas transportation capacity by 300 million cubic feet per day. The development is intended to ensure a steady supply of natural gas for various uses, including heating homes and businesses, powerin ...
3 High-Yielding Dividend Stocks That Pay More Than Four Times the S&P 500 Average
The Motley Fool· 2024-06-12 21:45
AT&T Not only does the dividend look safe, but I wonder if the company will get back to raising its payout this year given how well the business has been doing lately. AT&T stock is up 8% this year but it could go much higher once interest rates come down. But even if that doesn't happen until next year, this is an excellent buy-and-hold stock to simply hang on to for the long haul. Not all investors, however, are thrilled with the Canadian-based company's $14 billion acquisition at a time when interest rat ...
Enbridge (ENB) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-06-12 06:50
Enbridge (ENB) ended the recent trading session at $35.47, demonstrating a -0.56% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%. Heading into today, shares of the oil and natural gas transportation and power transmission company had lost 5.71% over the past month, lagging the Oils-Energy sector's loss of 3.25% and the S ...
Enbridge (ENB) Gas Faces Union Backlash Over Toronto Shift Cuts
ZACKS· 2024-06-10 21:20
Earlier this year, Enbridge Gas implemented substantial job cuts, eliminating hundreds of positions. This move was part of its cost-reduction strategy, following the acquisition of three U.S. gas utilities from Dominion Energy for $14 billion. As the situation unfolds, the focus remains on the potential impact on public safety and the effectiveness of Enbridge's emergency response capabilities in Toronto. Investors interested in the energy sector may look at some better-ranked stocks like Archrock Inc. (ARO ...