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Last $53.83 USD
Change Today +0.12 / 0.22%
Volume 737.4K
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

enbridge inc (ENB) Snapshot

Open
$53.78
Previous Close
$53.71
Day High
$54.15
Day Low
$53.58
52 Week High
12/4/14 - $57.19
52 Week Low
10/15/14 - $42.14
Market Cap
45.9B
Average Volume 10 Days
879.7K
EPS TTM
--
Shares Outstanding
852.1M
EX-Date
02/11/15
P/E TM
--
Dividend
$1.79
Dividend Yield
2.45%
Current Stock Chart for ENBRIDGE INC (ENB)

enbridge inc (ENB) Related Bloomberg News

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enbridge inc (ENB) Details

Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The company’s Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, as well as in Quebec and New Brunswick. Its Gas Pipelines, Processing and Energy Services segment has interests in natural gas pipelines, including the Vector Pipeline and transmission and gathering pipelines in the Gulf of Mexico, as well as holds an interest in Aux Sable, a natural gas fractionation and extraction facility. This segment is also involved in the renewable energy projects, such as wind, solar, and geothermal projects with a generating capacity of approximately 2,200 MW. In addition, this segment provides energy supply and marketing services to refiners, producers, and other customers; customer services, such as transportation, storage, supply management, hedging programs, and product exchanges; and natural gas supply, transportation, balancing, and storage to third parties. The company’s Sponsored Investments segment, through its 33.7% interest in Enbridge Energy Partners, L.P, transports crude oil and other liquid hydrocarbons through common carrier and feeder pipelines; and transports, gathers, processes, and markets natural gas and NGL. This segment is also involved in renewable power generation, natural gas transmission, and crude oil and liquids pipelines transportation. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

11,000 Employees
Last Reported Date: 02/19/15
Founded in 1949

enbridge inc (ENB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$408.9K
President of Liquids Pipelines
Total Annual Compensation: C$512.3K
President of Gas Pipelines & Processing
Total Annual Compensation: C$417.8K
Executive Vice President
Total Annual Compensation: C$775.5K
Compensation as of Fiscal Year 2014.

enbridge inc (ENB) Key Developments

Enbridge Optimizes Regional Oil Sands Infrastructure Expansions

Enbridge Inc. announced plans to optimize a previously announced expansion of its Regional Oil Sands System. The optimization, which has been agreed to with affected shippers, will involve capital cost savings of $0.4 billion in aggregate and lower tolls for the shippers, while maintaining attractive returns on the capital to be invested. Projects involved in the optimization include the Athabasca Twin Project and the Wood Buffalo Extension Project. Following the optimization and finalization of scope and definitive cost estimates for the projects, Enbridge's commercially secured expansion investments on its Regional Oil Sands System, in-service from 2014 to 2017, will total $5.6 billion. By 2017, Enbridge will connect 11 oil sands projects to regional hubs in Edmonton and Hardisty, Alberta. The optimization involves: expansion of the Wood Buffalo Extension segment between Cheecham and Kirby Lake (approximately 100 km) from 30-inch diameter to 36-inch diameter; connection of the Wood Buffalo Extension to the 36-inch diameter Athabasca Twin at Kirby Lake; and expansion of the Athabasca Twin from 450,000 barrels per day (bpd) to 800,000 bpd through additional horsepower. The cost of the Wood Buffalo Extension at its reduced scope is expected to decrease to approximately $1.3 billion, from $1.8 billion before the optimization. The cost of the Athabasca Pipeline Twin is expected to increase from approximately $1.2 billion to approximately $1.3 billion.

EVRAZ and Enbridge Inc. Partner on Joint Research and Development Program to Enhance Pipeline Performance

EVRAZ and Enbridge Inc. announced that the two companies will partner on a joint research and development program to enhance pipeline performance. Along with industry and academic institutions, EVRAZ and Enbridge will help drive continuous improvement with the ultimate aim of optimizing industry-wide safety and reliability.

United Refining Company and Kiantone Pipeline Corporation, Enbridge Energy Partners, L.P. and Enbridge Inc. Enters into Letter Agreement

On March 27, 2015, United Refining Company and Kiantone Pipeline Corporation, on the one hand, and Enbridge Energy Partners, L.P. and Enbridge Inc. on the other hand, entered into an amendment to that certain letter agreement with respect to approximately 88.85 miles of pipeline owned by the Carriers, which transports crude oil from Canada to the company's Kiantone Pipeline in West Seneca, New York and serves the company's refinery in Warren, Pennsylvania. Pursuant to the Amendment, the date by which the company and the Carriers will negotiate the terms and conditions of a put and call option agreement for Line 10 has been changed from on or before March 27, 2015 to on or before April 1, 2015. Pursuant to the Put and Call Agreement, the company would have the right to purchase the Line 10 Pipeline from the Carriers at any time during the next approximately eleven years and the Carriers would have the right to require the company to purchase the Line 10 Pipeline over a two year period starting at the later of approximately nine years or when all of the replacements are completed.

 

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ENB Competitors

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Industry Analysis

ENB

Industry Average

Valuation ENB Industry Range
Price/Earnings 47.4x
Price/Sales 1.4x
Price/Book 5.2x
Price/Cash Flow 17.9x
TEV/Sales 0.1x
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