Enbridge Inc
ENB:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 41.16 | 0.28 0.68% | 2.77% | 832,214 |
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Latest News Headlines for Enbridge Inc
Enbridge Gas Distribution Reminds Everyone To Call Ontario One Call Before Clearing a Blocked Sewer Line
Although family and friends may be welcome this Thanksgiving holiday weekend, plumbing issues never are. Having guests visit all at once can increase water use in homes and that could, in turn, draw attention to existing sewer line blockages that previously went unnoticed. Enbridge Gas Distribution reminds everyone to call Ontario One Call to obtain a free Natural Gas Sewer Safety Inspection before clearing a blocked sewer line beyond the outside walls of a building.
Potential Enbridge (ENB) Trade Has $39.08 Breakeven
Enbridge (NYSE:ENB) closed Thursday's positive trading session at $40.88. In the past year, the stock has hit a 52-week low of $31.01 and 52-week high of $42.06. Enbridge (ENB) stock has been showing support around $39.95 and resistance in the $41.61 range. Technical indicators for the stock are Bullish. For a hedged play on Enbridge (ENB), look at the Jan '13 $40.00 covered call for a net debit in the $39.08 area. That is also the break-even stock price for this trade. This covered call has a duration of 106 days, provides 4.40% downside protection and an assigned return rate of 2.35% for an annualized return rate of 8.11% (for comparison purposes only). Enbridge (ENB) has a current annual dividend yield of 2.86%.
Trading Higher on Heavy Volume are Shares of Enbridge on 1.3x Above-Average Volume (ENB)
View more recent headlinesShares of Enbridge are trading today in above average volume, with the share price rising 2.7% to $40.93. Approximately 647,000 shares have changed hands today vs. average 30-day volume of 484,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
Company Background
Enbridge Inc. (Enbridge) transports and distributes energy across North America. As a transporter of energy, Enbridge operates, in Canada and the United States, a crude oil and liquids transportation system. The Company is also involved in natural gas transmission and midstream businesses. As a distributor of energy, Enbridge owns and operates a natural gas distribution company in Canada, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. The Company operates in five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. In October 2011, Enbridge entered the power transmission business with the acquisition of Tonbridge Power Inc. During the year ended December 31, 2011, a number of the Company's renewable energy assets, including the Cedar Point Wind Energy, Greenwich Wind Energy and Amherstburg Solar projects, entered service.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 41.23 | Previous Close 40.88 |
Day High 41.4499 | Day Low 41.02 |
52wk High/Date 42.06 / 5/1/2012 | 52wk Low/Date 31.01 / 10/6/2011 |
Beta (5 Yr) 0.7 | Market Capitalization 32.8B |
Shares Outstanding 797.6M | Volatility Avg 18.64 |
Avg Vol(10 day) 632.0K | P/E Ratio 46.6x |
EPS(TTM) 0.88 | Yield 2.77% |
Dividend Announcement 8/2/2012 | Ex-Date 8/13/2012 |
Payable 0.2846 - QRTR | Payable Date 9/1/2012 |
Date of Record 8/15/2012 | |
Last Trade as of 10/5/2012 4:00 PM ET | |
ENB Enbridge Inc vs. Peers
| Peers | |
|---|---|
ENB Enbridge Inc | 10.02% |
Kinder Morgan Energy Partners LP | 0.68% |
Enterprise Products Partners L.P. | 18.33% |
Oneok Partners LP | 3.76% |
Energy Transfer Partners LP | -4.93% |
ENB Enbridge Inc | 2.77% |
Kinder Morgan Energy Partners LP | 5.75% |
Enterprise Products Partners L.P. | 4.63% |
Oneok Partners LP | 4.41% |
Energy Transfer Partners LP | 8.20% |
ENB Enbridge Inc | 0.68% |
Kinder Morgan Energy Partners LP | -0.05% |
Enterprise Products Partners L.P. | 0.37% |
Oneok Partners LP | 0.00% |
Energy Transfer Partners LP | 4.73% |