Enbridge Is One of the Largest Energy Companies by Market Cap. But Is It a Buy?
According to new research from The Motley Fool, Enbridge (NYSE: ENB), one of the biggest pipeline operators in the world, is now also one of the largest publicly traded energy companies. Its market cap recently surpassed $100 billion. For years, investors have relied on the company for its juicy dividend, which now delivers a yield of nearly 6%.Enbridge has been a terrific long-term investment throughout its history. But is it still a buy today? You might be surprised by the answer.When it comes to buying shares of businesses with durable competitive advantages, it's hard to beat Enbridge. The company has the longest pipeline network in North America.Continue reading
According to new research from The Motley Fool, Enbridge (NYSE: ENB), one of the biggest pipeline operators in the world, is now also one of the largest publicly traded energy companies. Its market cap recently surpassed $100 billion. For years, investors have relied on the company for its juicy dividend, which now delivers a yield of nearly 6%.
Enbridge has been a terrific long-term investment throughout its history. But is it still a buy today? You might be surprised by the answer.
When it comes to buying shares of businesses with durable competitive advantages, it's hard to beat Enbridge. The company has the longest pipeline network in North America.
