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Updated · MarketWatch · Apr 30Enbridge shares rise 3.19% and outperform Canadian market
2 articles · Updated · MarketWatch · Apr 30
- The stock closed at C$75.34 on Thursday as the S&P/TSX Composite Index gained 1.94% to 33,964.33.
- Enbridge ended 2.4% below its 52-week high of C$77.18, reached on 30 March.
- Trading volume reached 9.5 million shares, above the company's 50-day average of 7.2 million, in a broadly positive session for Canadian equities.
With record profits but a key pipeline under threat, is Enbridge a safe bet or a ticking time bomb? Enbridge's dividend has grown for 31 years. How is this possible when it pays out more than it earns? As Enbridge expands its fossil fuel network, are its green energy investments enough to secure a low-carbon future?