Enbridge Inc

Enbridge is expanding deeper into the Permian Basin with a $600 million acquisition of Salt Creek Midstream's crude oil gathering business, strengthening its ability to move barrels from the Delaware Basin to export markets on the U.S. Gulf Coast. The cash deal includes full ownership of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing system, adding roughly 500 miles of crude gathering infrastructure. Together, these systems can handle 420,000 barrels per day and provide 350,000 barrels of storage capacity, serving more than 20 producers across approximately 320,000 net dedicated acres under long-term agreements with an average remaining contract life of about 10 years. The acquisition is strategic because the gathering systems connect with major Permian takeaway pipelines, including the Enbridge-controlled Gray Oak Pipeline, enabling an integrated route from the wellhead through Gray Oak and Cactus II to the Enbridge Ingleside Energy Center near Corpus Christi, which Enbridge describes as North America's largest crude export terminal. Enbridge expects the transaction to be immediately accretive to distributable cash flow and earnings per share, and it maintained its 2026 financial guidance, with the acquisition expected to close later this year.

Enterprise Products Partners, Energy Transfer, and Enbridge are highlighted as top energy dividend stocks for August, each posting record volumes and raising distributions. Enterprise Products Partners reported record second-quarter distributable cash flow of $2.3 billion, up 21% year over year, with 1.9 times distribution coverage, while Energy Transfer raised its full-year 2026 adjusted EBITDA guidance for the second time this year to between $18.8 billion and $19.1 billion. Enbridge's shares have pulled back 9.59% over the past month, which improves the entry point, as CEO Greg Ebel cites the best macro environment for growth in 10 years. All three offer growing distributions backed by fee-based cash flows and direct exposure to LNG export, NGL export, and power and data center demand.

Enbridge reported second-quarter earnings per share of CA$0.64, down 36% year over year, as its heavy debt load weighed on net earnings. However, distributable cash flow, which supports its 5.41% dividend yield, rose 35.2% to CA$2.9 billion. The company has a secured capital backlog of CA$41 billion and has sanctioned up to CA$20 billion in projects through the end of the decade, including data center and renewable energy developments. Enbridge expects annual distributable cash flow between $20.2 billion and $20.8 billion, with per-share guidance of $5.70 to $6.10. The company has increased its dividend for 31 consecutive years and maintains a payout range of 60% to 70% of distributable cash flow.

Three midstream energy stocks are quietly compounding dividends with high yields and long growth streaks. Canada-based Enbridge offers a forward yield of 5.1% and has increased payouts by an average of 7.3% per year over the past decade. Enterprise Products Partners has raised its distributions for nearly 30 consecutive years, with a forward yield of nearly 6% and average annual payout growth of 4% over the past five years. MPLX, affiliated with Marathon Petroleum, provides a forward yield of 7.3% and has grown distributions by an average of 11.5% annually over the past decade, with management anticipating 12.5% growth over the next two years.

The Motley Fool outlines three predictions for the oil market in the second half of 2026, emphasizing that while oil prices will remain volatile due to Middle East conflict and supply-demand imbalances, investors can find stability through dividend-paying energy stocks. ExxonMobil, Chevron, and Shell have warned that oil prices are likely to stay high even after the conflict ends, as depleted stockpiles and growing global demand create persistent supply constraints. The article suggests that North American midstream companies like Enterprise Products Partners, with a 5.7% distribution yield and 27 years of annual increases, and Enbridge, with a 5% dividend yield and 31 years of increases, offer energy exposure without direct commodity price risk. It also highlights that major integrated oil companies such as Exxon, with 43 years of dividend increases and a 2.6% yield, and Chevron, with 38 years of increases and a 3.8% yield, have proven resilient through cycles, making their dividends a more reliable indicator than short-term oil price swings.

Enbridge delivered a solid second quarter of 2026, with adjusted EBITDA increasing by over $130 million compared to the same period last year. Distributable cash flow per share rose, supported by stronger operating results and lower maintenance capital, while earnings per share were slightly down due to higher depreciation and interest expense. The company's secured capital backlog stands at $41 billion, providing a runway for growth through the decade, and it has already sanctioned approximately $9 billion of new projects in 2026, on track to secure up to $20 billion by 2027. Mainline volumes averaged 3.1 million barrels per day, and the debt-to-EBITDA ratio was 5.1 times at quarter-end, impacted by a Canadian dollar spot rate of $1.42 but within the target range when adjusted for foreign exchange. Enbridge returned $38 billion to shareholders over the past five years and expects to return between $40 billion and $45 billion over the next five years.

Enbridge has increased its dividend for 31 consecutive years, putting it on a path toward Dividend King status. The company is exploring more than 50 potential data center opportunities, with decisions expected in 2026 and 2027, and has expanded its renewable energy partnership with Meta Platforms through solar and battery storage projects. Enbridge transports about 30% of North American crude oil and 20% of U.S. natural gas consumption, supporting its ability to pay dividends for over 70 years despite a large debt load. The dividend currently yields 5.1%.

Elon Musk has built an off-grid natural gas power plant in Mississippi to supply electricity for his two massive AI data centers in Tennessee, called Colossus I and II. To help power them, he purchased natural gas turbines and built an off-grid natural gas power plant in Mississippi. The move bypasses grid connection delays and avoids burdening other electricity customers with higher prices, though nearby residents and regulators are suing. The U.S. government appears to be backing Musk. Analysts note that increased natural gas demand for AI could benefit midstream companies like Enterprise Products Partners, Enbridge, and Kinder Morgan, which transport the fuel.

Three high-yield energy stocks are positioned to benefit from surging electricity demand driven by artificial intelligence. Enterprise Products Partners offers a 5.7% yield and has raised its distribution for 27 consecutive years, while Enbridge yields 4.9% and has increased its dividend for 31 years in Canadian dollars. Both are midstream giants that earn fees from natural gas infrastructure, making them indirect plays on AI power needs. For investors avoiding carbon fuels, Brookfield Renewable Partners yields 4.9% and already supplies clean power to Microsoft and Google data centers under long-term contracts. U.S. electricity demand is projected to rise 60% between 2025 and 2045, with natural gas turbines providing a fast but controversial solution, as seen in Elon Musk's Colossus data centers in Tennessee.

The Motley Fool highlights Enterprise Products Partners, Enbridge, and NextEra Energy as three high-yield dividend stocks with durable competitive advantages and long-term growth prospects suitable for holding through at least 2036. Enterprise Products Partners offers a 5.7% yield supported by a conservative 57% payout ratio from its fee-based pipeline and storage network. Enbridge yields 5.1% and has grown its dividend by an average of 9% annually over 30 years, with 80% of EBITDA protected from inflation. NextEra Energy, yielding 2.8%, is merging with Dominion Energy in a deal worth more than $66 billion, positioning it for data center-driven electricity demand growth and targeting 9% annual earnings growth through 2032.

Enbridge has delivered an average annualized total return of 13.5% over the past three decades, turning a $50,000 investment into more than $1.1 million. An investor could reach $1 million in 30 years by investing $5,000 upfront and adding $500 each month, assuming a more conservative 10% annualized total return. The company currently pays a 5% dividend yield and expects to grow distributable cash flow per share at around 5% annually after this year, supported by a CA$37 billion backlog of secured expansion projects through 2030. Enbridge is also pursuing another CA$50 billion of investment opportunities through the end of the decade, including gas infrastructure, liquids pipelines, and renewable energy projects.

Enbridge has started building its C$4.00 billion Sunrise Expansion Program in British Columbia, adding roughly 140 kilometers of new natural gas pipeline and extra compression to boost regional transportation capacity by up to 300 million cubic feet per day. The project is expected to create more than 2,500 jobs and deepen economic participation for local and Indigenous communities along the route. The Sunrise Expansion is part of Enbridge's broader secured project backlog, which includes the MLO1 Mainline Optimization program, and highlights how new regulated pipeline and gas transmission investments can underpin future earnings and dividend capacity while also increasing exposure to cost overruns, permitting challenges, and potential shifts in long-term energy policy.

Enbridge has started building its C$4 billion Sunrise Expansion Program in British Columbia, a project aimed at boosting regional natural gas transportation capacity. The announcement follows a strong share price performance, with a year-to-date return of 20.03% and a one-year total shareholder return of 35.37%. Despite the stock trading at CA$79.29, a slight 0.3% discount to the average analyst target of CA$78.48, a discounted cash flow model suggests a much higher fair value of CA$230.98, implying the stock is deeply undervalued. Investors are advised to monitor regulatory decisions and rising project costs that could pressure earnings.

Enbridge has moved closer to advancing its $800 million Great Lakes Tunnel Project after the Michigan Department of Environment, Great Lakes and Energy reissued a key water resources permit. The permit allows construction in sensitive environmental areas and revives a project that stalled after an earlier permit expired during nearly eight years of litigation. The project will replace the 73-year-old dual Line 5 pipelines beneath the Straits of Mackinac with a tunnel housing a new pipeline segment, improving long-term safety for a line that transports approximately 23 million gallons of crude oil and natural gas liquids per day from western Canada to Sarnia, Ontario. The latest permit followed a 16-month environmental review with more than 70,000 public comments and includes additional conditions such as an enhanced wetland mitigation plan. The project still requires approvals from the U.S. Army Corps of Engineers, the Michigan Department of Natural Resources, and the Michigan Public Service Commission, but this regulatory headway significantly reduces construction risks for one of Enbridge's key long-term infrastructure projects.

With the S&P 500 trading at 25.7 times trailing earnings and sticky inflation dimming rate-cut hopes, Wall Street analysts warn a 10% summer sell-off could be imminent. Altria yields 6% backed by Marlboro's 40% U.S. cigarette market share, while Enbridge has raised its dividend for 31 straight years with 98% of earnings under fixed contracts. Realty Income has paid 667 consecutive monthly dividends and maintained occupancy above 96.6% this century, and VICI Properties offers a 6.88% yield from triple-net leased casino properties. Verizon trades at just 9 times forward earnings, has raised its dividend for 20 consecutive years, and expects at least $21.5 billion in free cash flow this year. All five stocks are Buy-rated at top Wall Street firms and are highlighted as defensive high-yield picks likely to hold up better in a downturn.

Five dividend stocks currently offer yields above 5% with strong cash-flow coverage, according to 24/7 Wall St. Gaming and Leisure Properties yields 7.3% after raising its quarterly dividend to 82 cents per share, supported by first-quarter AFFO of $1.02 per share and full-year guidance of $4.08 to $4.12. VICI Properties yields nearly 7% with a forward annualized dividend of $1.80, backed by 2026 AFFO guidance of $2.42 to $2.45 per share and an eighth consecutive annual dividend increase. W. P. Carey yields just over 5% after hiking its quarterly dividend to 94 cents, with 2026 AFFO guidance of $5.13 to $5.23 per share and 48% of leases linked to CPI. Enbridge yields just over 5% and marked its 31st straight annual dividend increase, supported by 2026 distributable cash flow guidance of C$5.70 to C$6.10 per share and a C$40 billion secured growth backlog. Getty Realty yields about 5.6% with 2026 AFFO guidance of $2.48 to $2.50 per share, comfortably covering its dividend, and enters the year with over $500 million in liquidity.

Enbridge heads into its 31 July 2026 earnings release with expectations for lower earnings per share but slightly higher revenue, putting the focus on cash flow resilience. The stock last closed at CA$78.11, with a 2.9% one-day return and an 18.24% year-to-date gain, while one-year and five-year total shareholder returns stand at 36.19% and 115.22% respectively. The most followed narrative pegs fair value at about CA$78.48, though an internal discounted cash flow model suggests a much higher intrinsic value, framing a wide gap between modeled cash flows and the current share price. Enbridge’s current price-to-earnings ratio of 26.4 times is above the Canadian oil and gas industry average of 23.2 times and slightly above a fair ratio of 25.9 times, but below a peer average of 41.4 times. Disciplined capital allocation, a growing secured project backlog, and stable balance sheet management are expected to drive predictable dividend growth and increasing free cash flow per share.

Jim Cramer told a Mad Money caller that the 5% T-bill trade is over, with 6-month bills now yielding about 4%, and argued that quality dividend growers like Enbridge and Oneok offer better long-term returns. Enbridge yields roughly 6.9% and just delivered its 31st consecutive annual dividend increase, while Oneok yields about 4.7% and raised its payout 4% in February 2026. Cramer noted that $10,000 in a 6% dividend grower earns roughly $600 annually versus about $199 from a 4% T-bill, and that over five years Enbridge returned 85% and Oneok returned 102%, not counting reinvested dividends. He stressed that the choice depends on time horizon: T-bills suit money needed within a year, but for five years or longer, dividend growers have historically outperformed despite price swings.

Enbridge and its subsidiary Enbridge Pipelines completed a note exchange transaction on June 16, exchanging medium-term notes issued by Enbridge Pipelines for newly issued Enbridge notes with similar financial terms. The transaction is expected to consolidate Enbridge's debt and provide operational, structural, and capital markets benefits to both entities and note holders. Enbridge exited the first quarter with available annual investment capacity of C$10-C$11 billion, positioning it to pursue growth projects across all core business units.

Enbridge has an Earnings ESP of +2.27% and a Zacks Rank #3, a combination that historically produces a positive earnings surprise nearly 70% of the time. The company beat estimates in its last two quarters, with surprises of 2.90% and 5.00%, averaging 3.95%. Its next earnings report is expected on July 31, 2026.

Waste Connections of Canada has officially opened a new renewable natural gas facility at the Ridge Landfill in Chatham-Kent, Ontario, representing nearly $100 million in private investment. Developed in partnership with Enbridge Gas, the project includes an RNG injection station and a 5.7-kilometre pipeline connecting to Enbridge Gas's distribution system. At full capacity, the facility will process approximately 62.6 million cubic metres of landfill gas annually, reducing greenhouse gas emissions by more than 85,000 tonnes per year and producing enough renewable natural gas to heat more than 18,000 Ontario homes. Construction began in 2023, with the facility commissioned in late 2025 and entering full operation in early 2026. The opening was attended by Ontario Minister of the Environment, Conservation and Parks Todd McCarthy, Ontario Minister of Agriculture, Food and Agribusiness Trevor Jones, and Chatham-Kent Mayor Darrin Canniff.

Enbridge is announcing a $2.5 million founding gift to the Theodore Roosevelt Presidential Library, which opens July 4, 2026, in Medora, North Dakota. The funding will support the library's sustainability certification and conservation initiatives, including the restoration of 400,000 native plants to the surrounding prairie ecosystem. Enbridge President and CEO Greg Ebel said the gift reflects the company's focus on sustainability and honors Roosevelt's legacy as the conservation president. Enbridge has operated in North Dakota for more than 75 years and marked 25 years of sustainability reporting this year.

NextEra Energy reported first-quarter adjusted earnings of $1.09 per share, up 10% year-over-year, on revenue of $6.701 billion, while its Energy Resources segment added 4 gigawatts to lift the total backlog to roughly 33 gigawatts including 1.3 gigawatts of battery storage. CEO John Ketchum disclosed that Florida Power & Light is fielding about 21 gigawatts of large load interest, with around 12 gigawatts in advanced talks, and the Department of Commerce tapped NextEra to build 9.5 gigawatts of new gas-fired generation in Texas and Pennsylvania. The company is also restarting the 615-megawatt Duane Arnold nuclear reactor under a 25-year Google power purchase agreement, acknowledging that AI training requires continuous, always-on baseline power that wind and solar cannot reliably deliver without cost-prohibitive storage. Enbridge, by contrast, reported adjusted earnings of $0.98 per share, down from $1.03, while distributable cash flow rose to $3.85 billion, and its Mainline system averaged 3.2 million barrels per day with apportionment all year. Enbridge’s C$40 billion sanctioned backlog supports a 31st consecutive annual dividend increase and a 6.8% yield backed by contracted cash flows, offering lower execution risk than NextEra’s demanding $24.6 billion 2025 capital expenditure pace.

Enbridge, Energy Transfer, and Enterprise Products Partners are highlighted as high-yield pipeline stocks for long-term income investors. Enbridge offers a dividend yield above 5% with 31 consecutive years of increases, while Energy Transfer provides a forward distribution yield of 7% and targets 3% to 5% annual growth. Enterprise Products Partners has a 5.9% forward yield and 27 years of distribution growth, supported by $5.3 billion in capital projects under construction. All three benefit from rising North American natural gas demand and, in Energy Transfer's case, AI data center contracts.

Enbridge is expected to continue expanding its midstream and regulated natural gas utility operations over the next 10 years, supporting its 5.1% dividend yield and 31 consecutive annual increases. The company’s oil and natural gas midstream business, which charges fees based on volume rather than commodity prices, and its four regulated utilities together account for roughly 95% of earnings before interest, taxes, depreciation, and amortization. Enbridge projects 3% distributable cash flow growth in 2026 and 5% annually over the longer term, with dividends likely rising at a similar pace. Its small but growing clean energy division will help the company adapt as the global energy market shifts toward renewables, ensuring it remains a vital player.

Enbridge is expanding into renewable energy with projects including the 600-megawatt Clear Fork Solar Project in Texas, set to come online next year to support Meta Platforms' data centers. The pipeline giant, which moves 5.8 million barrels of crude oil and natural gas daily across 18,000 miles of infrastructure, is also building utility-scale wind farms in France and Texas expected to become operational within months. While renewables currently represent just over 10% of its capital allocation plan, the shift positions Enbridge for a future where Goldman Sachs projects peak oil demand by 2040. The company's 31-year streak of annual dividend increases and a 5.1% yield may be sustained by these new recurring-revenue streams.

Enbridge, ExxonMobil, and NextEra Energy are highlighted as ideal dividend stocks to buy and hold for the next decade due to their long histories of annual dividend increases and growth prospects amid the energy transition. Enbridge has raised its payout for 31 consecutive years in Canadian dollars and now derives more than half its earnings from lower-carbon energy, with 40 billion Canadian dollars in secured growth projects and another roughly CA$50 billion in potential projects that could support about 5% annual cash flow per share growth. ExxonMobil has increased its dividend for 43 straight years and plans to grow earnings capacity by $25 billion and cash flow by $35 billion by 2030, while also investing in carbon capture, lithium, biofuels, and new materials that could generate $13 billion in earnings by 2040. NextEra Energy has delivered more than 30 years of consecutive dividend increases and expects to invest between $295 billion and $325 billion through 2032, with its pending acquisition of Dominion Energy set to create the world's largest regulated electric utility and boost its annual earnings growth rate to more than 9% through at least 2035.

Enbridge Inc. and Enbridge Pipelines Inc. have completed a previously announced note exchange transaction. Medium term notes issued by Enbridge Pipelines Inc. were exchanged for newly issued Enbridge Inc. notes with identical financial terms. The transaction consolidates the debt at the parent company level and is intended to offer greater operational flexibility and potential benefits to both entities and noteholders.

The S&P 500's average dividend yield has fallen to a record low of just over 1%, driven by a top-heavy index dominated by non-dividend-paying growth stocks. Income investors can still find higher yields off the beaten path, such as Enbridge, which offers a forward-looking dividend yield of 5.1%. Enbridge operates over 18,000 miles of oil and gas pipelines in the U.S. and Canada, moving 5.8 million barrels per day and handling 30% of North American crude and 20% of U.S. gas consumption. Its tollbooth-like business model generates steady revenue regardless of oil price swings, supporting a 31-year streak of annual dividend increases. While the company is also investing in renewables for the long term, it remains primarily an income growth holding with limited capital appreciation potential.