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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 (NYSE: ENB) Grants Pontiac Fire Department $6,000 for Replacement Hose
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
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Rhea-AI Summary
Enbridge Inc. (ENB) partners with EDF Renewables North America for a 50 percent stake in the Fox Squirrel Solar Project, a ground-mounted solar facility in Ohio. The project, with a capacity of 749 MWdc/577 MWac, is set to become Ohio's largest solar complex. Enbridge's investment demonstrates commitment to renewable energy growth in North America, with the first phase to be operational by year-end and the remainder by the end of 2024. EDF Renewables touts the project as key to decarbonizing the PJM grid and supporting the transition to solar energy.
Rhea-AI Impact
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End-of-Day
0.39%
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partnership
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Rhea-AI Summary
Enbridge Inc. (ENB) announces a 50% joint venture with EDF Renewables to participate in the construction and operation of the Fox Squirrel solar project in Ohio, expected to generate 150 MW of solar energy initially and up to 577 MW by 2024. Enbridge will invest US$149 million in the first phase and plans further investment throughout 2024. The project has 20-year fixed-price power purchase agreements and aims to benefit local communities while driving renewables growth in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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partnership
News
Rhea-AI Summary
Enbridge: Women's Centre of Calgary recruits over 500 volunteers with new EDI training program. The Women's Centre of Calgary, a not-for-profit organization, lost 69% of its volunteers during the first two years of the COVID-19 pandemic. To address this, the organization revamped its volunteer training program with a focus on equity, diversity, and inclusion (EDI). Enbridge provided a $10,000 grant to support the development of this training, which aims to help volunteers challenge unconscious bias and support marginalized groups in a trauma-informed way.
Rhea-AI Impact
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-1.6%
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Rhea-AI Summary
Enbridge: Leadership members discuss energy transition at 24th World Petroleum Congress in Calgary, emphasizing net-zero greenhouse gas emissions by 2050 and practical approach to energy transition.
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-0.24%
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Rhea-AI Summary
Boy Scouts of America volunteers plant seedlings to transform 14.9 acres of scrub brush and thistle into wildlife habitat near Park Rapids, MN. The project aims to create a lush forest that will serve as habitat and food sources for various mammals. Enbridge's Fueling Futures program supports the project with a $10,000 grant over three years.
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0.06%
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Rhea-AI Summary
Enbridge has announced the purchase of seven operating U.S. landfill gas-to-RNG facilities from Morrow Renewables for US$1.2 billion. This acquisition positions Enbridge as a major North American RNG midstream operator and strengthens its leadership in the energy transition. The portfolio instantly establishes Enbridge's RNG business as a North American midstream leader by volume and complements its efforts to increase RNG production from food and farm waste.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
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Rhea-AI Summary
Dominion Energy provides an update on its business review and announces third-quarter 2023 earnings. The company remains committed to its priorities and commitments, including the current dividend. The Coastal Virginia Offshore Wind (CVOW) project is on track and the company is in the process of finding a noncontrolling equity financing partner. Cove Point and gas utilities are accounted for as discontinued operations. Third-quarter 2023 GAAP net income is $0.17 per share, and operating earnings (non-GAAP) is $0.77 per share. Fourth-quarter 2023 operating earnings guidance is $0.35 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.16%
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Rhea-AI Summary
Enbridge Inc. reported third quarter 2023 financial results, with GAAP earnings of $0.5 billion, adjusted earnings of $1.3 billion, and adjusted EBITDA of $3.9 billion. Cash provided by operating activities was $3.1 billion, and distributable cash flow was $2.6 billion. The company reaffirmed its 2023 full year financial guidance and announced several key acquisitions and agreements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
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Rhea-AI Summary
Enbridge Inc. announced that it will not redeem its outstanding Cumulative Redeemable Preference Shares, Series N (Series N Shares) on December 1, 2023. Holders of the Series N Shares have the right to convert them into Cumulative Redeemable Preference Shares, Series O (Series O Shares) on a one-for-one basis. The conversion is subject to certain conditions. If there would be less than 1,000,000 Series N Shares outstanding after December 1, 2023, all remaining Series N Shares will automatically be converted into Series O Shares. The current number of Series N Shares outstanding is 18,000,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.43%
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dividends
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