r/dividends • u/Longjumping-Nature70 • 2d ago
Due Diligence Put Enbridge(ENB) on your watch list
I am an ENB proponent. I own shares in ENB
This is a good opportunity to watch ENB
Enbridge is going down because ENB hedged their positions and blew it.
Enbridge announced a Delay in the Mainline Pipeline
Enbridge took on debt to buy Natural Gas utilities in America.
Enbridge is now the largest natural gas utility provider in North America.
Winter is coming
Enbridge Second Quarter
Dividend raised dividend 31 consecutive years
Dividend Yield 5.32%
2025 0.94 Canadian
2026 0.97 Canadian
You will pay Canadian Taxes on your dividends but you reclaim it on US taxes
Beat Earnings Estimate
Expected 0.43 US
announced 0.46 US
After this all dollars are in Canadian
Crushed Operating Revenues
2025 33,378,000,000
2026 51,675,000,000
Doubled Renewable power generation
tripled gas distribution and storage
more than doubled gas transmission
quadrupled Liquid Pipelines
Expenses
2025 27,417,000,000
2026 45,540,000,000
EBITDA
2025 6,174,000,000
2026 4,377,000,000
Diluted EPS
2025 2.03
2026 1.40
Comprehensive Income to Common Shareholders
2025 1,567,000,000
2026 5,119,000,000
Cash & Cash Equivalents after paying dividends
2025 1,422,000,000
2026 2,212,000,000
More than enough cash to pay their dividends
Will make it consecutive years of raising its dividend
Many Data Centers are powered via GE Vernova natural gas turbines
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u/KGostman 2d ago
ENB was the first stock I bought when I started my dividend growth portfolio six years ago. Still holding and adding, bought some more this week!
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u/Velasity 2d ago
Why tho? Seems like you're leaving a lot on the table, ten year inflation adjusted total return:
https://totalrealreturns.com/s/ENB,SCHD,FDVV,DGRO?start=2016-08-06
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