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Thursday, 02/23/2023 9:43:43 PM

Thursday, February 23, 2023 9:43:43 PM

Post# of 323
Enbridge - >>> Enbridge operates one of the biggest oil pipeline systems in the world. It transports 30% of the oil produced in North America. Enbridge also has an extensive natural gas pipeline system, a natural gas utility business, and renewable energy operations.


https://www.fool.com/investing/stock-market/market-sectors/energy/oil-stocks/


Enbridge’s pipeline operations generate stable cash flow backed by long-term contracts and government-regulated rates. That gives it the cash to pay a high-yield dividend while also investing to expand its energy infrastructure operations.

Enbridge has made significant investments in recent years on infrastructure geared toward cleaner energy. This includes natural gas pipelines, offshore wind energy in Europe, and hydrogen energy. These investments position Enbridge for the future of energy even as it remains vital to supporting the oil market’s current needs.

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