Enbridge adds solar

ENBRIDGE, $48.83, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.1 billion; Market cap: $103.8 billion; TSINetwork Rating: Above Average; Dividend yield: 7.5%; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to… Read More

Enbridge expands in wind

ENBRIDGE, $48.99, is a buy. The firm (Toronto symbol ENB; Shares o/s: 2.1 billion; Market cap: $104.1 billion; TSINetwork Rating: Above Average; Yield: 7.5%; www.enbridge.com) continues to expand its renewable power operations as it aims to cut its greenhouse gas emissions to “net zero” by 2050. Green energy… Read More

Good time to buy more Enbridge

Enbridge, like all high-yielding utility stocks, has struggled in the past year as rising interest rates increase the appeal of competing bonds. Higher interest rates also make it more expensive for the company to make acquisitions and fund new growth projects.
However, Enbridge’s rate-regulated operations give… Read More