Midstream energy stocks have been anything but middling performers recently. Just look at Enbridge (NYSE: ENB) and Energy Transfer LP (NYSE: ET). These two leading midstream stocks have soared 33% ...
Revenue: CA$53.5b (up 23% from FY 2023). Net income: CA$5.05b (down 14% from FY 2023). Profit margin: 9.4% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. EPS: CA ...
RBC Capital raised the firm’s price target on Enbridge (ENB) to C$67 from C$63 and keeps an Outperform rating on the shares. The company’s Investor Day next month will offer the market a much ...
Enbridge, worth nearly $100 billion, continues to invest massively, offering a 6%+ dividend yield and strong shareholder returns despite balance sheet concerns. In 2024, Enbridge achieved double ...
Enbridge has a larger and more diversified business than Energy Transfer. Energy Transfer offers a higher distribution yield, but Enbridge claims the more impressive dividend track record. Just ...
CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Enbridge Inc. (ENB) on Friday reported fourth-quarter profit of $352.4 million. The Calgary, Alberta-based company said it had profit of 16 ...
Enbridge Energy’s plans to build a protective tunnel around an aging pipeline that runs beneath a channel connecting two Great Lakes can continue, a Michigan appeals court ruled. The state ...
Lansing — For the first time since litigation commenced in 2019, attorneys for the state of Michigan and Canadian oil giant Enbridge Energy debated the merits of Attorney General Dana Nessel’s ...
Direct air capture ‘needs to work for the United States’, says chief of Occidental, which has DAC projects in play ...
These are the vital arteries that move carbon fuels, and the things into which they get turned, around the world. It is a very consistent business because Enbridge largely charges fees for the use ...
Because Enbridge operates almost exclusively with fossil fuel infrastructure it faces significant risk from policy changes targeting carbon emission reductions. Despite being a midstream business ...
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