Enbridge shares are trading close to their 52-week high, with a current price of $55.94 and a price target of $70.51, suggesting a 26% upside over the next year. The company reported strong Q1 2026 results, including $3.85 billion in distributable cash flow, driven by stable mainline volumes and expanding data center projects. Enbridge's secured backlog is C$40 billion with additional opportunities, supported by a 31-year dividend growth streak and a 6.9% yield. Risks include high leverage at 5.0x debt-to-EBITDA and potential regulatory or project delays, but the outlook remains positive for investors seeking income and growth exposure.
Purpose Investments has declared distributions for June 2026 across its variable and fixed capital ETFs and funds. The ex-distribution date for variable capital funds is June 26, 2026, and for fixed capital funds, June 30, 2026. Distributions cover a...
Enbridge Inc. and its subsidiary Enbridge Pipelines Inc. have completed a transaction exchanging all outstanding medium term notes of Enbridge Pipelines for newly issued notes of Enbridge with identical financial terms. This exchange provides Enbridg...
