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Enbridge (ENB) Stock News, May-Aug 2025

ENB NYSE

Enbridge Inc. operates North American energy infrastructure that includes liquids pipelines, natural gas transmission, gas distribution and storage, and renewable power assets. Company updates regularly address financial results, guidance, dividends on common and preferred shares, and capital allocation tied to its secured project backlog.

Recurring developments also cover capacity expansions and regulatory approvals across systems such as the Canadian Mainline, Westcoast natural gas pipeline system, Vector Pipeline and Dawn Hub storage. Enbridge also reports on utility rate cases, shareholder meeting results, annual disclosure documents, and energy-transition technologies including hydrogen, renewable natural gas and carbon capture and storage.

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ONEOK (NYSE: OKE) has announced a significant joint venture to construct the Eiger Express Pipeline, a major natural gas transportation infrastructure project. The 450-mile, 42-inch pipeline will transport 2.5 billion cubic feet per day of natural gas from the Permian Basin to the Gulf Coast region.

The project is backed by 10+ year firm transportation agreements and involves multiple partners, with ONEOK holding a 25.5% total ownership interest. The pipeline will connect to processing facilities and deliver to both the Katy area near Houston and the Corpus Christi market. WhiteWater will manage construction and operations, with completion expected in mid-2028.

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Enbridge (NYSE:ENB) and its partners have reached a final investment decision to construct the Eiger Express Pipeline, a major natural gas transportation infrastructure project. The pipeline will transport 2.5 billion cubic feet per day of natural gas through 450 miles of 42-inch pipeline from the Permian Basin to the Katy area.

The project is a joint venture between WhiteWater, MPLX LP, ONEOK, and Enbridge through their Matterhorn JV (70% ownership), with additional direct stakes held by ONEOK (15%) and MPLX (15%). The pipeline will source supply from multiple Permian Basin connections and is expected to be operational by mid-2028, subject to regulatory approvals.

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Enbridge (NYSE:ENB) announced that no Series 15 Preferred Shares will be converted into Series 16 Preferred Shares on September 1, 2025. This decision comes after receiving insufficient conversion notices from shareholders, with less than the required 1,000,000 Series 15 Shares being tendered for conversion by the August 18, 2025 deadline.

Enbridge is a North American energy infrastructure company that operates natural gas, oil, and renewable power networks, including a European offshore wind portfolio. The company focuses on modern energy delivery infrastructure and is exploring new technologies like hydrogen, renewable natural gas, and carbon capture.

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Enbridge (NYSE:ENB) announced it will not redeem its Series 15 Cumulative Redeemable Preference Shares on September 1, 2025. Instead, shareholders have the option to convert their Series 15 shares to Series 16 shares on a one-for-one basis.

For Series 15 shares retained after September 1, 2025, the new annual dividend rate will be 5.626% for the five-year period until September 1, 2030. Any converted Series 16 shares will receive quarterly floating rate dividends, with an initial rate of 1.33882% for the period ending December 1, 2025.

The conversion period runs from August 2 to August 18, 2025. The conversion is subject to minimum holding requirements of 1,000,000 shares for each series.

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Enbridge (NYSE:ENB) reported strong Q2 2025 financial results with record EBITDA of $4.6 billion, up 7% year-over-year. The company posted GAAP earnings of $2.2 billion ($1.00 per share), compared to $1.8 billion ($0.86 per share) in 2024.

Key developments include sanctioning the $0.9 billion Clear Fork Solar project, expanding the Traverse Pipeline capacity to 2.5 Bcf/d, and closing a 10% acquisition in Matterhorn Express Pipeline. The company also completed a 12.5% equity investment transaction with Indigenous groups in the Westcoast System.

Enbridge reaffirmed its 2025 financial guidance and maintains a strong $32 billion project backlog. The company's Debt-to-EBITDA ratio improved to 4.7x, providing significant financial flexibility for future growth.

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Enbridge (NYSE:ENB) has declared its quarterly dividend of $0.9425 per common share, maintaining consistency with its June 1, 2025 dividend. The payment is scheduled for September 1, 2025, with a record date of August 15, 2025.

The company also announced quarterly dividends for multiple series of Preference Shares, all payable on September 1, 2025. Enbridge continues to demonstrate its commitment to shareholder returns through its extensive preferred share dividend program, with payments ranging from $0.18644 to $0.41898 across various series.

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Enbridge (NYSE:ENB) has announced a major renewable energy project with the final investment decision on Clear Fork, a 600-megawatt solar facility near San Antonio, Texas. The project, estimated to cost US$0.9 billion, has secured Meta Platforms as a long-term partner who will purchase 100% of the renewable output.

Construction has already begun, with operations expected to commence in summer 2027. The project demonstrates growing demand for renewable power from technology companies and data center operators, while leveraging Enbridge's financial strength and construction expertise. The Company expects the project to positively impact both cash flow and earnings per share starting in 2027.

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Enbridge (NYSE:ENB) has announced it will host a conference call and webcast on August 1, 2025, at 7 a.m. MT (9 a.m. ET) to discuss its 2025 second quarter results. The company will release its financial results before markets open on the same day. The conference call will include prepared remarks from the executive team, followed by a Q&A session for analysts and investors.

The event will be accessible via webcast and dial-in options, with North American participants able to join toll-free at 1-800-606-3040 using conference ID 9581867. A webcast replay and transcript will be made available on Enbridge's website after the event.

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Enbridge (NYSE: ENB) has released its 24th annual Sustainability Report, highlighting significant progress in environmental and safety performance. The report showcases a 40% improvement in greenhouse gas emissions intensity and a 22% reduction in absolute GHG emissions from operations compared to 2018 baseline. Notable achievements include a remarkable 1,223% reduction in work-related injuries and safety incidents. The report incorporates updated Task Force on Climate-related Financial Disclosures, progress on Indigenous Reconciliation Action Plan, and data from recently acquired U.S. natural gas utilities. The report follows GRI Universal Standards, GRI 11 Oil & Gas Sector Standard, and SASB standards for Oil & Gas Midstream and Gas Utilities & Distributors.
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Enbridge Inc. (ENB) has announced that none of its outstanding Cumulative Redeemable Preference Shares, Series 13 will be converted into Series 14 Shares on June 1, 2025. The conversion threshold required a minimum of 1,000,000 Series 13 Shares to be tendered, but after reviewing all conversion notices received by the May 20, 2025 deadline, the number of shares tendered fell short of this requirement.

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FAQ

What is the current stock price of Enbridge (ENB)?

Enbridge (ENB) last closed at $46.6.

What is the market cap of Enbridge (ENB)?

The market cap of Enbridge (ENB) is approximately $103.9B.