ENB News and Press, Enbridge Inc From 02/16/24

2024-02-16 18:08:33 ET Summary Energy Transfer LP's fourth-quarter earnings results were apparently mixed, with a revenue miss but an earnings beat. The market reacted positively to the earnings report, pushing Energy Transfer's common unit price up 3.44% over the past week. E...

2024-02-16 15:12:17 ET Summary The narrow rally trend in 2023 is expected to continue in 2024, making overweighting profitable big-tech stocks a successful strategy. The best intersections of quality, growth, and value in the market exist in mega-cap tech land. Most other stoc...

2024-02-16 13:21:03 ET Summary TC Energy Corporation's Q4 2023 adjusted EBITDA of over $3.11 billion exceeded expectations. The company made progress on all its projects and achieved solid results across all segments. The dividend was increased to a $3.84 CAD annualized run ra...

Rooted in science, New Jersey Tree Foundation beautifies and educates in underserved urban communities NORTHAMPTON, MA / ACCESSWIRE / February 16, 2024 / Enbridge At left, NJ Tree Foundation volunteers celebrate the tree they just planted in Downtown Newark, NJ. While trees bring ex...

2024-02-15 14:28:01 ET Summary Enbridge Inc. reported growth in gross profit and net income in Q4 2023, despite a slight decline in revenues. The market did not react positively to the earnings report, with Enbridge's stock price declining more than the broader market indices. ...

2024-02-15 07:20:00 ET Enbridge (NYSE: ENB) can see the writing on the proverbial wall. It knows that the world needs to wean itself from its addiction to fossil fuels and switch to cleaner alternatives. That has led the Canadian pipeline and utility giant to steadily pivot it...

2024-02-14 14:18:24 ET Summary Enbridge's base business, particularly the Liquids Pipelines and Gas Transmission, is solid but slow growing. Enbridge's acquisition of three US-based natural gas distribution utilities will have minimal impact on discounted cash flow per share. ...

2024-02-14 08:15:00 ET Summary Markets continued to go higher in early 2024 with the Dow adding 0.4% and the S&P remaining flat in January. Interest rates were kept steady again in a range of 5.25% to 5.5% with the market now projecting fewer hikes this year as the economy rem...

2024-02-13 13:30:10 ET Summary Energy Transfer has achieved a meaningful reduction in leverage in recent quarters. ET's acquisition of Crestwood is expected to generate operational efficiencies and commercial synergies in key basins. Enbridge's acquisition of natural gas distr...

2024-02-13 07:00:18 ET Summary The infrastructure sector has a massive $18 trillion projected tailwind in the coming years. We look at UTF to see how its top holdings are poised to benefit from this tailwind. We also look at two other high-yielding infrastructure investment op...