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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Enbridge Inc. is a top investment for retirement, offering high yield, safety, and sustainable dividends. The company has become the largest midstream company in North America, focusing on pipelines, gas storage, and renewable energy. Enbridge is currently trading at a potential 25% discount to its fair value, with the possibility of achieving annual returns exceeding 14% over the next 3 years.

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I believe that high yielding stocks provide peace of mind and can be a good addition to a portfolio during times of high volatility. I currently have about 9% of his stock portfolio allocated to high yielding stocks and fees comfortable maintaining that weighting. In this article, I highlight Enbridge as my favorite high-yielding stock, citing its toll booth-like business model, diversified operations, and reliable cash flows and dividends.

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CALGARY, AB , Jan. 17, 2024 /PRNewswire/ - Today, Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) and FortisBC Energy Inc. (FortisBC) announced funding, with contributions from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation, for their own respective studies to produce an integrated summary that will examine how hydrogen, a low-carbon energy source, can be safely and reliably delivered using the province's existing gas pipeline infrastructure. This hydrogen blending study will look at the percentage of hydrogen that can be safely transported through gas pipeline infrastructure, such as Enbridge's Westcoast natural gas transmission system, as well as FortisBC's gas transmission and distribution systems, to reduce greenhouse gas emissions and help develop a low-carbon energy economy.

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Enbridge (ENB) shifts wind focus to France, steering clear of U.S. projects amid escalating costs and supply-chain issues.

Enbridge (ENB) Targets French Offshore Wind, Shuns U.S. Projects

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Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said.

Enbridge eyes France for offshore wind investments and will avoid US

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SAN DIEGO & CALGARY, Alberta--(BUSINESS WIRE)--EDF Renewables North America and Enbridge Inc. (TSX: ENB) (NYSE: ENB) today announced that Phase 1 of Fox Squirrel Solar, the largest solar complex in Ohio, is fully operational and delivering decarbonized electricity to the PJM grid. Fox Squirrel Solar, a ground-mounted solar facility with total capacity of 749 MWdc/577 MWac, is being constructed in three phases in Madison County, Ohio; the initial phase generates 150 MWac of solar energy. Compris.

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Here is how Enbridge (ENB) and Ramaco Resources (METC) have performed compared to their sector so far this year.

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CALGARY, AB , Jan. 9, 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 2023 fourth quarter and full year results on February 9, 2024, at 7:00 a.m. MT (9:00 a.m.

Enbridge Inc. to Host Webcast to Discuss 2023 Fourth Quarter Results on February 9

Enbridge has raised its dividend by 3% and expects future increases in EBITDA and distributable cash flow, potentially increasing the yield on shares. Analysts have increased expectations for the stock, with price targets ranging from $43 to $61, representing a potential 67% upside. Enbridge has made recent deals in the renewables space and is building a solar farm in Ohio, expanding its exposure to renewable energy.

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