Should You Invest In Enbridge Inc?

Enbridge dates back to 1949 and is a Canadian multinational energy transportation company headquartered in Calgary, Alberta. Enbridge's natural gas pipelines connect America’s natural gas supply to major demand centres across the US and Canada. Enbridge is focused on three main business segments: Liquids pipelines, natural gas pipelines, and utilities and power. Overall, the company is responsible for nearly two thirds of Canada’s crude oil exports to the US and transports around 20% of the natural gas consumed in the US, operating North America’s third largest natural gas utility by consumer count. The company employs a workforce of about 13,600 people, mostly in Canada and the US. In addition, Enbridge was an early investor in the field of renewable energy and has a growing offshore wind portfolio. Enbridge was named to the Thomson Reuters Top 100 Global Energy Leaders in 2018. The company is traded on the New York and Toronto stock exchanges and in the first quarter of 2019, reported total operating revenues of CAD12,856 million. Follow and trade ENB for more news and updates.