All rights reserved. Die-hard inflation believers get an ETF for 'enhanced exposure' World's biggest ETF is losing cash faster than any of its peers. However, the erratic oil industry and COVID-19 are formidable forces that could unsettle North America’s pipeline giant in 2020. Enbridge Inc stock and Oil & Gas Midstream market discussion, news, and analysis from Canada's largest community of active investors. The growth runway is visible given the projects under development that will expand Enbridge’s pipeline network in North America. Their average twelve-month price target is C$51.63, predicting that the stock has a possible upside of 20.68%. Of the total growth capital, $5 billion is free for utilization through 2022. By Rod Nickel. Enbridge Inc. (TSX, NYSE: ENB) Calgary-based Enbridge operates the world’s longest crude oil and liquids transportation system. The stock is trading below its 50-day moving average by 12.89%. More », Here are three top stocks that should deliver nice returns going into 2021. Most recently, a Canadian indigenous group said it would invest C$1 billion ($764.35 million) in the project, which has been in the works for 12 years. The Motley Fool owns shares of and recommends Enbridge. When COVID-19 hit, the company was in a strong position to face the storm. Christopher Liew, CFA | August 24, 2020 | More on: ENB ENB. Despite weaker volumes, cash from operations grew 11.88% to $5.2 billion versus the same period in 2019. Tesla Stock Collapse Reverses After Major Shanghai Milestone. Headquartered in Calgary, Alberta, Enbridge is a leading energy infrastructure company. Stock and Dividend Information. All rights reserved. More ». A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Is it wise to take a position in the energy stock today or not, because it might be a dividend trap? More », Savvy Canadian investors are using the TFSA to create reliable dividend portfolios that generate steady tax-free passive income. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Would-be investors should find the dividend picture encouraging, because the pace at which Enbridge is expanding is faster than other dividend payers. This is debateable. Notwithstanding the energy industry’s downturn, there’s no issue with dividend sustainability. It has increased the dividend annually for 24 straight years. Work to increase capacity of two other Canadian export pipelines, the government-owned Trans Mountain and Enbridge's Line 3, is proceeding with fewer remaining hurdles than KXL. Clearly, the … This is your chance to get in early on what could prove to be very special investment advice. Enbridge Income Fund Holdings Inc. has been acquired by Enbridge Inc. For additional information on the transaction, please review the following quick links. Ford replaced CEO Mark Fields with Jim Hackett in May 2017 after a dismal stock performance. Enbridge (ENBA) estimates the project, due to be completed in 2024, will cost $500 million, said Ryan Duffy, Enbridge (ENBA) spokesman. More » 1 2 3 … 276 Next » Moreover, shares of Enbridge, which operates as an energy infrastructure company in Canada and the US, have an RSI of 28.86. To further reinforce financial strength and flexibility in the wake of the pandemic, the company obtained $6.9 billion in funding support at attractive rates. Two New Stock Picks Every Month! Available for free with registration. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Buy These 3 Beaten-Down TSX Stocks for Big Gains in 2021. More », The market still offers TFSA investors some attractive picks heading into 2021. Samsung Stock’s Massive Upgrade Won’t Hurt Apple’s ‘Supercycle’ September 11, 2020 At its current price of less than $45 per share, it should attract bargain hunters. Market Crash: This Expert Thinks You Should Take Cover Now, Dividend Stability: 2 Reliable TSX Stocks. Current as of December 19, 2020. A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. And the value of Ford stock has continued to wither. Then save and invest using this strategy. 3 Reasons the Apple Watch is the Stock’s Real Q4 Darkhorse. Income investors must first assess the dividend performance of a prospect before investing. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Current as of December 19, 2020. This year, the increase is 11%, with Enbridge also projecting a 5% cash flow growth. Cookies are used to offer you a better browsing experience and to analyze our traffic. Enbridge has been in the throes of turmoil in the last few years. Here’s what you need to do. May 18, 2018. Speaking of whether to buy or sell the Enbridge stock... Just Released! Retired? Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. September 15, 2020. However, levered balance sheet continues to be a concern. More », Given the deep discounts on their stock prices, these three undervalued TSX stocks could deliver high returns in 2021. Tilray and Aphria Merger: A Hot New Pot Stock Opportunity? Earnings reports or recent company news can cause the stock price to drop. Max Out Your TFSA in 2021 and Buy This 1 Incredible Stock, Millennials: How to Save and Invest for Your 1st Home Faster. Enbridge Inc. (TSX:ENB)(NYSE:ENB) and another stock that can allow TFSA investors who hate Canada Revenue Agency taxes to safely raise the yield bar. I understand I can unsubscribe from these updates at any time. It is a trending stock that is worth watching. Enbridge Inc. ENB is well poised for growth on the back of low-risk inventory of midstream growth projects. © 2020 The Motley Fool Canada, ULC. Money managers are taking a bullish view. Both are considerably below the company’s five-year average of 19.44 and 2.33 respectively. Enbridge stock: A juicy 8% dividend yield sheltered from the CRA. With a diversified business mix and an equity self-funding model, Enbridge successfully executed $30 billion worth of capital projects. Get the latest Enbridge earnings report, revenues as well as upcoming ENB earnings dates, historical financial reports, news, analysis & more. More », These companies have raised dividend for 25 years or more and have resilient businesses that support future payouts. Get instant access to a free live streaming chart of the Enbridge Inc Stock. Please read the Privacy Statement and Terms of Service for more information. 13 Wall Street analysts have issued ratings and price targets for Enbridge Inc. (ENB.TO) in the last 12 months. 3 of the Best Dividend Stocks to Make Fast Money. As of June 30, 2020, the inventory of secured projects is approximately $11 billion at various stages of execution. CALGARY, May 18, 2018 /CNW/ - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced that it has received a non-binding offer from Enbridge Inc. (Enbridge) (TSX, NYSE: ENB) to acquire all of the outstanding common shares of the Company not … Over the long term, the energy should deliver steady income and generous returns to loyal investors. If you can max out your... More », Want to grow your home-buying funds faster? Enbridge common shares have a Compound Annual Growth Rate (CAGR) of more than 11% over a 25-year period. Enbridge Inc. ENB stock appears to be a solid bet now, based on strong fundamentals and compelling business prospects. We've set policy ranges, as you can see here, that ensure strength and flexibility, plus a little margin … Enbridge is on track to generate ample cash to support and sustain dividend payouts. Acknowledges Enbridge Inc. Offer and Establishes a Special Committee. These projects should spawn highly transparent growth over the near- to the medium-term horizon. The Motley Fool owns shares of and recommends Enbridge. Work to increase capacity of two other Canadian export pipelines, the government-owned Trans Mountain and Enbridge's Line 3, is proceeding with fewer remaining hurdles than KXL. Here are two top dividend stocks that deserve to be on your... More », Big changes are coming to CPP in 2021. Tesla Stock Spikes 12% Because Electric Car Rivals Aren’t Even Close. The Motley Fool Canada » Dividend Stocks » Enbridge (TSX:ENB) Dividend: Buy or Sell? Enbridge, for example, had take-or-pay contracts or similar structures in place underpinning 98% of its cash flow. In 2020, investors are losing confidence in companies that lack financial strength and flexibility, but Enbridge is not falling out of favour. This is as good as it gets. The company also owns and operates Canada’s largest natural gas distribution company and provides distribution services in Ontario, Quebec, New Brunswick, and New York State. "Enbridge is an energy generation, distribution, and transportation company in the U.S. and Canada. Enbridge Income Fund Holdings Inc. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Fortis stock’s dividends are reliable, predictable, and tax-free in your TFSA — perfect for TFSA investors. Stock rout pushes tech ETFs toward worst outflow since May 2019. At its current price of less than $45 per share, it should attract bargain hunters. Work to increase capacity of two other Canadian export pipelines, the government-owned Trans Mountain and Enbridge's Line 3, is … Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Is Enbridge Inc (NYSE:ENB) an exceptional stock to buy now? TFSA Passive Income: How to Earn an Extra $377.50 Tax-Free Every Month! View the latest Southern Co. (SO) stock price, news, historical charts, analyst ratings and financial information from WSJ. Enbridge (TSX:ENB)(NYSE:ENB) is a slightly different beast. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. That means an additional $268 annual deduction from your paycheck. Money managers are taking a bullish view. Customers pay even if they don’t use their capacity allocation in Enbridge’s pipelines. Available for free with registration. The fresh infusion increased Enbridge’s liquidity to $14 billion and gave the company sufficient funds to meet growth capital needs this year. Enbridge remains the hands-down choice of people seeking a growing income stream. It shows this top-notch midstream player is holding up well in the highly volatile environment. There was a pullback of oil and natural gas companies in the first half of 2020 due to depressed oil prices. Furthermore, the individual projects are supported by long-term take-or-pay contracts, cost-of-service frameworks, or similar low-risk commercial arrangements. Friday, December 18, 2020 at 4:00:00 p.m. Eastern Standard Time, Market Crash: This Expert Thinks You Should Take Cover Now, Dividend Stability: 2 Reliable TSX Stocks. Is Inter Pipeline worth watching? Fool contributor Christopher Liew has no position in any of the stocks mentioned. Click on image above to view larger graph We have a consistent track record of delivering annual dividend increases, and our continuing goal is to deliver superior shareholder returns through capital appreciation and dividends. Enbridge expects about $2.5 billion of incremental cash flows when the secured projects come into service between 2020 and 2023. Stockhouse.com use cookies on this site. Cannabis 2.0: Is Cannabis Set to Comeback in 2021? Kinder Morgan, on the other … Cannabis 2.0: Is Cannabis Set to Comeback in 2021? Service Canada is increasing the CPP contribution in 2021. Come hell or high water, Enbridge (TSX:ENB)(NYSE:ENB) is the perennial choice of dividend-focused investors. The energy stock is down 11.86%, although the yield is a high 7.5%. 37 stock analysts on Stockchase covered Inter Pipeline In the last year. Here's how. WINNIPEG, Manitoba, Nov 18 (Reuters) - TC Energy Corp (TRP) says it is continuing to advance its Keystone XL (KXL) oil pipeline, the $9 billion project that would move oil from the province of Alberta to Nebraska.. Big Changes for CPP in 2021: How Much Payout Will You Get? MINNEAPOLIS — Enbridge Energy began construction on its Line 3 crude oil pipeline replacement in Minnesota on Tuesday, a day after state regulators approved the final permit for the $2.6 billion project amid legal challenges from local activist and Indigenous groups.Spokeswoman Juli Kellner said Enbridge began construction in several locations around the state in the morning. The energy stock is down 11.86%, although the yield is a high 7.5%. Don't miss out! 3 of the Best Dividend Stocks to Make Fast Money, Be Prepared: Your Employer Will Deduct Another $268 in CPP Contribution in 2021, Got $6,000? Enbridge has always been a disciplined steward of investor capital and looking forward, the same will be true and this team and our board are entirely aligned with that. Retired? Returns since inception, October 2013. More », The $6,000 TFSA contribution limit for 2021 is a fresh opportunity for users to bump up their savings. Terms of the Definitive agreement Returns since inception, October 2013. Passive Income: 3 Stocks That Have Raised Dividends for Over 25 Years, 3 Undervalued TSX Stocks That Can Deliver Superior Returns in 2021, TFSA Investors: 2 Stocks I’d Buy Now With an Extra $10,000. Energy infrastructure giant Enbridge (NYSE:ENB) is coming off a down year, with its shares dipping 7% even though the market was red-hot. As of writing, Enbridge is currently trading at only 14.5 times forward earnings and 1.35 times book value. Over the last three years, management has been focusing on building a more resilient business. By continuing to use our service, you agree to our use of cookies. © 2020 The Motley Fool Canada, ULC. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Enbridge offers a unique value proposition that brings together a combination of transparent growth, a reliable, low-risk business model and significant dividend income. For Enbridge, the average dividend-growth rate per year over the past 10 years has been 16%. More », If you're looking for a good COVID-19 recovery stock, consider Suncor Energy Inc (TSX:SU)(NYSE:SU). September 11, 2020. Here's how. September 16, 2020. 5 Stocks Under $49 (FREE REPORT). The Motley Fool’s purpose is to help the world invest, better. It has zero exposure to the oil market, yet cash flow keeps flowing. Not to alarm you, but you’re about to miss an important event. Fool contributor Adam Othman has no position in any of the stocks mentioned. BlackRock defies stock chaos with small-cap value ETF launch. Enbridge’s leverage ratio is expected to drop below this level in 2021. They will impact your salary, your taxes, and your CPP payout. Changes are coming to CPP in 2021 on the what is happening with enbridge stock of low-risk of. For 2021 is a high 7.5 % what is happening with enbridge stock utilization through 2022 falling out of.! Fast Money are coming to CPP in 2021 high water, Enbridge expanding! Falling out of favour special offer phone calls stock analysts on Stockchase covered Inter in... Stock valuation and forecasting report include rating, fair value assessment, return forecasts, market valuations! Hold the stock is trading below its 50-day moving average by 12.89 % operations... View the latest Southern Co. ( SO ) stock price, news, historical charts, ratings. 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