- Enbridge is one of the largest and most well loved midstream companies in North America.
- The company has some significant growth prospects and seems able to overcome some of the controversy surrounding a few of its projects.
- The company should be able to deliver 4-5% DCF growth over the next two years with more growth to come after that.
- The fundamentals are quite positive extending out until 2040, so this can easily be a long-term growth holding.
- The stock pays a 7% yield that appears to be sustainable.
For further details see:
Enbridge: Growth And A 7% Yield - What's Not To Like?