Enbridge

Union Gas is a major Canadian natural gas company based in Ontario. Its distribution arm services approximately 1.5 million customers in northern, southwestern and eastern Ontario. Union Gas has been a subsidiary of Enbridge since February 2017, when former parent Spectra Energy merged into Enbridge.

Union Gas

Enbridge, Inc. engages in the provision of gas and oil. It operates through the following segments: Liquid Pipelines, Gas Distribution and Storage, Gas Transmission and Midstream, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and the U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest, and other feeder pipelines. The Gas Distribution & Storage segment consists of natural gas utility operations, the core of which is Enbridge gas, which serves residential, commercial and industrial customers. It also includes natural gas distribution activities in Quebec and an investment in Noverco, which holds a majority interest in a subsidiary entity engaged in distribution and energy transportation primarily in Quebec. The Gas Transmission & Midstream segment consists of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses, and international activities. The Renewable Power Generation segment consists primarily of investments in wind and solar power generating assets, as well as geothermal, waste heat recovery, and transmission assets. The Energy Services segment consists of businesses in Canada and the United States including logistical services, refinery supply services and the firm's volume commitments on various pipeline systems. The company was founded on April 30, 1949 and is headquartered in Calgary, Canada.

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ENB Q3 earnings gain on higher Adjusted EBITDA contributions from its major business segments. Revenues rise from the prior-year level.

Enbridge Q3 Earnings Meet Estimates, Revenues Increase Y/Y

Enbridge continues to find more ways to expand.

This Unstoppable 6.5%-Yielding Dividend Stock Continues to Supercharge Its Growth Engine

Enbridge is a dividend aristocrat with a strong history of dividends that it has continued to grow. The company is continuing to invest massively in its business, which it can afford, and taking utility opportunities. The company's strong portfolio of tough-to-replicate assets and low margins make it a valuable investment.

Enbridge Is The Dividend Aristocrat You Want

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Enbridge has been as reliable as they come.

Looking for Reliability? This 6.5%-Yielding Dividend Stock Has Been a Model for Dependability Over the Decades.

Split share corporations create two classes of securities: Preferred shares with fixed cash distributions and equity shares with potential for capital appreciation. A large part of E Split Corp.'s attractive distribution is simply a return of investors' own capital. ENS' excessive distributions also destroy long-term value as it depletes the fund during inopportune times.

E Split Corp.: Excessive Dividends Destroy Long-Term Value

Enbridge reported a very robust set of Q3 results, confirming the preferred dividends enjoy an excellent coverage ratio. The Series 5 preferred shares offer a 6.96% preferred dividend yield in USD. I'm planning to write put options on the common shares and further expand my position in preferred securities.

Enbridge: Time To Lock In A 7% Yield In U.S. Dollars

Enbridge's growth projects will help support a growing common dividend. Projects include Mainline expansion, new offshore gas pipelines, and gas and renewable power distribution supporting data center growth. Series 1 and 5 preferred shares remain good alternatives for more conservative investors.

Why I'm Getting More Bullish On Enbridge

CALGARY, AB , Nov. 1, 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 outstanding Cumulative Redeemable Preference Shares, Series 9 (Series 9 Shares) (TSX: ENB.PF.A) on December 1, 2024. As a result, subject to certain conditions, the holders of the Series 9 Shares have the right to convert all or part of their Series 9 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 10 of Enbridge (Series 10 Shares) on December 1, 2024.

Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

Enbridge Inc. (NYSE:ENB ) Q3 2024 Earnings Call Transcript November 1, 2024 9:00 AM ET Company Participants Rebecca Morley - Vice President, Investor Relations Greg Ebel - President, CEO & Director Pat Murray - Executive VP & CFO Colin Gruending - Executive VP & President of Liquids Pipelines Cynthia Hansen - Executive VP and President of Gas Transmission & Midstream Michele Harradence - Head, Gas Distribution and Storage Matthew Akman - Executive VP of Corporate Strategy & President of Power Conference Call Participants Jeremy Tonet - JPMorgan Robert Catellier - CIBC Capital Markets Ben Pham - BMO Maurice Choy - RBC Capital Markets Manav Gupta - UBS Rob Hope - Scotiabank Theresa Chen - Barclays Praneeth Satish - Wells Fargo Rebecca Morley Good morning and welcome to the Enbridge Third Quarter 2024 Financial Results Conference Call. My name is Rebecca Morley and I'm the Vice President of Investor Relations.

Enbridge Inc. (ENB) Q3 2024 Earnings Call Transcript

Enbridge (ENB) came out with quarterly earnings of $0.40 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.46 per share a year ago.

Enbridge (ENB) Matches Q3 Earnings Estimates

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Pipeline operator Enbridge missed market estimates for third-quarter profit on Friday, hurt by lower renewable power generation earnings.

Enbridge misses third-quarter profit estimates

CALGARY, AB , Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2024 financial results, provided a quarterly business update, and reaffirmed its 2024 financial guidance and outlook. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted.

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

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CALGARY, AB , Oct. 30, 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 share, payable on December 1, 2024 to shareholders of record on November 15, 2024.  The amount of the dividend is consistent with the September 1, 2024 dividend.

Enbridge Inc. Declares Quarterly Dividends

Enbridge is a high-yielding midstream giant, but there's an important twist in the company's objective, and it's reflected in its portfolio.

Could Buying Enbridge Stock Today Set You Up for Life?

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Enbridge (ENB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Enbridge (ENB) to Report a Decline in Earnings: What to Look Out for

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We had recently highlighted Pembina preferred shares as a good bet on higher rates. These appreciated quickly and gave us our expected performance in 3 weeks versus 3 months. We go over our next bet, this time from Enbridge.

Enbridge: The Next Bet On Higher Rates

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