Enbridge maintains a buy rating supported by a 5.5% dividend yield, steady EBITDA growth, and a secured project backlog of C$41 billion. The company reported a record adjusted EBITDA of C$4.776 billion in Q2 2026 and reaffirmed its guidance, highlighting its stable, utility-like earnings and visible cash flows. Growth prospects include liquids, natural gas, utilities, and renewables, with up to C$20 billion in new projects expected to be approved by 2027. Although leverage is currently elevated at 5.1x, it is projected to fall below 5x by 2028 as major projects start generating cash flow.
Midstream pipeline funds like AMLP, MLPX, and ENFR are gaining attention as hyperscalers sign long-term power deals fueling AI data centers, boosting natural gas demand. AMLP offers the highest yield near 8% but has a C-corp tax drag, while MLPX bala...
Midstream energy companies Enterprise Products Partners, Energy Transfer, and Enbridge are posting record volumes and increasing distributions thanks to strong demand for crude, LNG, and NGL exports. Enterprise Products Partners reported a 21% rise i...
