Should You Invest In Enbridge Inc?

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348,183 Enbridge Inc positions opened on eToro

Enbridge Inc is an energy delivery company servicing homes in North America. It was founded in 1949 with its headquarters in Calgary, Alberta, Canada. It operates in the US and Canada, providing services to customers in Ontario, Quebec, New Brunswick, and New York State. Enbridge has four main core businesses: liquids pipelines, natural gas pipelines, gas distribution and storage, and renewable energy. In particular, the company was an early investor in renewable energy and has increasingly focused on this sector with a mission of sustainability, safety, and long-term growth. In 2018, Enbridge was named among the Thomson Reuters Top 100 Global Energy Leaders. Enbridge also consistently ranks on the list of the Global 100 Most Sustainable Corporations in the World. In liquid pipelines, Enbridge transports 25 percent of North America's crude oil. For gas transmission, 20 percent of the natural gas consumed in the United States is transported by its pipelines. For gas distribution, it is the largest North American natural gas distribution utility by annual deliveries. For renewable power, it contracts the 12th largest renewable energy resource in North America. It has traded on the NYSE since 1984 under the ticker ENB. Monitor the ENB share price by adding Enbridge to your eToro watchlist.

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