11:49:43 EDT Tue 16 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 855,034,826
Close 2015-04-14 C$ 64.04
Market Cap C$ 54,756,430,257
Recent Sedar Documents

Successful Inv refreshes Enbridge buy

2015-04-15 21:59 ET - In the News

The Successful Investor, in its April, 2015, issue, refreshes its buy of Enbridge Inc., recently $58. The Investor said buy seven times from July, 2011, to March, 2015, at prices ranging from $31 to $62. Assuming an investment of $1,000 for each of the seven buys, the $7,000 position would now be worth $9,338. The energy company is planning to increase the capacity of a proposed pipeline project that will transport crude oil from oil sands projects in Alberta. The company will increase the diameter of part of the pipeline and boosting another section's pumping power. These moves will also reduce the project's overall cost by $400-million to $2.6-billion. Enbridge earned $1.6-billion, or $1.90 a share, in 2014. The stock remains a buy.

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