Enbridge Inc. (ENB)
Enbridge Inc. is a leading specialized energy infrastructure company "connecting people to the energy they need through an unparalleled network of liquids, gas, and renewable assets," currently led by President and CEO Greg Ebel. The company’s mission is to be the first choice for energy delivery in North America and beyond, leveraging its status as a critical artery for the continent’s economy. Enbridge holds a strategic position as the operator of the worlds longest and most complex crude oil and liquids transportation system, as well as North Americas largest natural gas utility platform following its 2024-2025 acquisitions of major US utilities. Enbridge Inc. stock is a premier "Energy Infrastructure and Dividend" play, representing a company that provides essential services under long-term, inflation-protected contracts.
The company’s business operations are structured around four core pillars: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, and Renewable Power. In late 2025, Enbridge reaffirmed its "All-of-the-Above" energy strategy, reporting a secured project backlog of over $29 billion focused on both conventional energy and lower-carbon initiatives. The company’s future strategy involves "North American Electrification and LNG Export Dominance," with 2026 targets aimed at expanding its Gulf Coast export infrastructure and integrating its newly acquired US gas utilities into a unified, high-efficiency platform. For 2026, the firm is prioritizing its specialized "Lower-Carbon Pipelines" and hydrogen blending projects as part of its commitment to net-zero emissions by 2050. Its competitive moat is its "Asset Scarcity"—the extreme regulatory and environmental hurdles to building new pipelines make Enbridge’s existing rights-of-way virtually irreplaceable. Furthermore, the company maintains a highly disciplined capital allocation framework, targeting a debt-to-EBITDA ratio of 4.5x to 5.0x, ensuring long-term financial stability. By December 2025, Enbridge has successfully transitioned from a pure oil pipeline operator into a diversified energy delivery titan, capable of thriving in any geopolitical or environmental landscape.
ENB is listed on the New York and Toronto Stock Exchanges under the ticker ENB stock. It is a core holding for income-seeking investors who value its 29-year history of consecutive dividend increases and its low-risk utility business model. Financial analysts and global energy experts monitor the ENB stock price as a primary indicator of North American energy supply security and the pace of the global energy transition. By December 2025, Enbridge remains a resilient and vital leader in the global infrastructure sector, utilizing its technical superiority to fuel modern life.