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Enbridge Inc - ENB STOCK NEWS

Welcome to our dedicated news page for Enbridge (Ticker: ENB), a resource for investors and traders seeking the latest updates and insights on Enbridge.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Enbridge's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Enbridge's position in the market.

Rhea-AI Summary
Enbridge Inc. (ENB) sells its interests in Alliance Pipeline and Aux Sable to Pembina Pipeline Corporation for $3.1 billion, reinforcing its capital recycling program and commitment to optimizing its portfolio. The sale price represents an attractive valuation of approximately 11 times projected 2024 EBITDA for Alliance and approximately 7 times for Aux Sable, in line with other commodity-exposed businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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Rhea-AI Summary
Powell River Salmon Society (PRSS) hosts annual Salmon Education Expo with in-person and online learning, livestreaming of salmon egg hatching. Ticker symbol: PRSS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
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Rhea-AI Summary
Enbridge (ENB) Supports A Way Home Kamloops' Annual Campout to End Youth Homelessness
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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News
Rhea-AI Summary
Minerva BC (Private) is dedicated to closing the gender leadership gap by advancing the leadership of self-identified women and girls. The non-profit has helped women across the province reach their goals through education, mentorship, and leadership training for over two decades. Enbridge (ENB) has supported Minerva BC since 2021, providing a recent $10,000 grant for program expansion and hosting a one-day, in-person Learning to Lead workshop in Prince George.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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Rhea-AI Summary
Enbridge Inc. (ENB) President & CEO Greg Ebel calls on Canada to lead in reducing global emissions, addressing energy poverty, and supporting Indigenous communities. He emphasizes the role of natural gas in reducing global emissions and urges the government to champion sustainable natural gas production and reduce barriers to LNG development. Ebel also advocates for a national Indigenous loan-guarantee program to ensure Indigenous communities benefit from natural resources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
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Rhea-AI Summary
Enbridge (ENB): CEO Greg Ebel advocates for delivering LNG to global markets to reduce global CO2 emissions and support energy security. The company aims to export Canadian natural gas to displace coal in Asia and Eastern Europe, aligning with the Paris Climate Agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
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none
Rhea-AI Summary
Enbridge Inc. (ENB) appoints Manjit Minhas, co-founder and CEO of Minhas Breweries, Distilleries and Wineries, as a director. Ms. Minhas brings extensive business and entrepreneurial experience to the board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
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management
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Rhea-AI Summary
Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced its 2024 financial guidance, including a common share dividend increase from $3.55 to $3.66 per share effective March 1, 2024. The company expects its 2024 base business EBITDA to grow by more than 4% and its DCF to increase by approximately 3% compared to 2023. Enbridge remains committed to meeting energy demands, innovating, and investing in infrastructure. The company has secured $7 billion of organic projects and strategic acquisitions, with plans to close gas utility acquisitions by the end of 2024. The 2024 financial outlook includes EBITDA of $16.6 billion to $17.2 billion and DCF per share of $5.40 to $5.80. The company plans to increase its quarterly common share dividend by 3.1% to $0.915 per share, commencing March 1, 2024. Enbridge expects to deploy approximately $6 billion of capital in 2024, with a strong balance sheet and a financing plan that includes $8 billion of debt issuances.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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dividends
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Rhea-AI Summary
Enbridge Inc. (ENB) declares a quarterly dividend of $0.9150 per common share, marking a 3.1% increase from the prior quarterly rate and the twenty-ninth consecutive year of dividend growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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dividends
Rhea-AI Summary
Rotary Club of Williams Lake Daybreak (RCWL) unveils a new boulder playground in Boitanio Park, Williams Lake, BC. Ticker symbol: RCWL.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
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Enbridge Inc

NYSE:ENB

ENB Rankings

ENB Stock Data

73.09B
2.12B
0.1%
53.68%
1.15%
Natural Gas Distribution
Utilities
Link
Canada
Calgary

About ENB

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids