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 and its partners won the right to build another large-scale wind farm offshore France. The project increases the long-term visibility of Enbridge's growth.

This 7.2%-Yielding Dividend Stock Continues to Showcase Why It's a Great Long-Term Buy

The delay is a setback for the Line 5 tunnel project, which Enbridge (ENB) has initially planned to complete as early as 2024.

Enbridge (ENB) Faces Delay in Line 5 Tunnel Permit Process

CALGARY, AB , March 27, 2023 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) welcomes the decision by French government to select EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, and Maple Power, the Company's joint venture with Canada Pension Plan Investment Board (CPP Investments), to develop the future Normandy offshore wind farm (Centre Manche 1), with an expected installed capacity of 1 GW. Following the fourth offshore wind tender launched in January 2021, the French Ministry of Energy Transition chose Eoliennes en Mer Manche Normandie, the project company owned by the EDF Renewables and Maple Power consortium, to design, build, operate and decommission the project.

Enbridge's joint venture, and EDF Renewables, selected to develop France's largest offshore wind farm

We are fans of Enbridge and have played the capital stack in many different ways. The preferred shares have various yields but most reset every 5 years.

Enbridge Preferreds: Fixed Rate Might Be Leaving A Lot On The Table

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Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields.

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After a strong start to the year, February pulled us back down to reality. Asset prices have again dropped due to expectations of higher interest rates for longer.

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ENB and ACLLF are both Canadian infrastructure businesses that offer high and safe dividend yields. They combine strong investment-grade balance sheets and stellar assets with impressive dividend growth track records that enable investors to sleep well at night.

2 High Yield Canadian SWAN Aristocrats: Enbridge And ATCO

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At the end of February, we performed our “spring clean-up” in our model portfolios with several trades. My biggest problem with Enbridge is not the dividend safety but rather the growth potential.

Spring Clean-Up And Smith Manoeuvre Is Back! - February Dividend Income Report

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The global banking drama is feeding recession fears and a sell-off in oil and gas prices. Two recent data providers also disclosed bearish data for both oil inventories and natural gas demand.

Why Occidental Petroleum, Cheniere Energy, and Enbridge Are Plunging Today

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With a global collection of vital infrastructure assets, Brookfield Infrastructure is well positioned to keep rewarding investors with a growing dividend. Enbridge's leading energy infrastructure position should supply it with plenty of fuel to continue growing.

Buy and Hold These 3 Stocks for Decades of Passive Income

CALGARY, AB , March 10, 2023 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) today announced that it will redeem all of its outstanding 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078 (CUSIP: 29250N 477) (the "Notes") on April 15, 2023 (the "Redemption Date").  The Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (the "Redemption Price").

Enbridge Inc. Announces Redemption of 6.375% Fixed-to-Floating Rate Subordinated Notes Series 2018-B due 2078 on April 15, 2023

Enbridge Inc. is a valuable investment, especially when a strong USD enables investors to take advantage. The company has an almost 7% dividend yield, one that it can comfortably afford, that should result in strong shareholder returns.

Enbridge's Blue-Chip Nature Makes It A Strong Retirement Portfolio Stock

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Enbridge and Kinder Morgan are two high-yield midstream businesses. Both boast investment-grade credit ratings and very strong business models.

Better High-Yield Midstream Buy: Kinder Morgan Or Enbridge?

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The company has plenty of power to continue growing its payout.

This Magnificent Dividend Stock's Recent Additions Add More Fuel to the Buy Case

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News for Enbridge Stock (ENB)