21:16:25 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,695,000,042
Close 2018-04-20 C$ 39.77
Market Cap C$ 67,410,151,670
Recent Sedar Documents

Globe says Enbridge, rivals poised to prosper

2018-04-20 07:47 ET - In the News

Also In the News (C-CU) Canadian Utilities Ltd
Also In the News (C-IPL) Inter Pipeline Ltd
Also In the News (C-PPL) Pembina Pipeline Corp
Also In the News (C-TRP) TransCanada Corp

The Globe and Mail attempts to identify sustainable dividends from Canadian pipeline stocks poised to gain -- whatever the outcome for Kinder Morgan Canada's Trans Mountain expansion project -- in its Friday, April 20, edition. The Globe's guest columnist Scott Clayton writes in the Number Cruncher column that he admits there is a small list of Canadian pipeline stocks. Mr. Clayton singled out those offering both profit and dividend growth from their Canadian and international operations. He applied his proprietary TSI Dividend Sustainability Rating System. The TSI system generated five pipeline stocks that are poised to prosper: TransCanada operates 96,800 kilometres of U.S. and Canadian pipelines. Enbridge's own vast network also criss-crosses the Canada-U.S. border. Inter Pipeline concentrates on Western Canada and Europe, while Pembina Pipeline operates an 18,000-kilometre network winding its way across North America. Big power producer Canadian Utilities gets a big chunk of its profits from its 64,500 km of pipelines in Alberta, Australia and Mexico.

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