ENB:CC - Enbridge: Strong Earnings Boasting Growth In Renewables And Traditional Energy

• Enbridge delivered reasonably solid growth relative to the prior-year quarter, which was mostly due to a few projects that came online during the fourth quarter of 2021.
• The company has a very strong portfolio of projects that should allow it to continue this growth path over the next few years.
• Enbridge is very aggressive about expanding its presence in the renewable energy sector, but it does still have some traditional opportunities as well.
• The company's debt load is still higher than I really want to see, although management is certainly happy with it.
• The 5.94% dividend is well covered and the company should have no trouble maintaining it.

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