Three Stocks to Hold for 20 Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16 hours ago
0mins
Should l Buy ENB?
Source: Fool
- AbbVie's Adaptability: AbbVie (ABBV) generated over $1 billion in sales from 12 drugs last year, and despite facing patent expirations and competitive pressures, the company successfully launched successors Rinvoq and Skyrizi, surpassing Humira's peak sales, demonstrating its strong market adaptability and future growth potential.
- Amazon's Ecosystem: Amazon (AMZN), the world's largest consumer discretionary company, dominates not only in e-commerce but also continuously expands in cloud computing and artificial intelligence, creating a sticky ecosystem that is difficult for competitors to disrupt, which is expected to continue attracting a large user base and drive long-term growth.
- Enbridge's Stability: Enbridge (ENB) operates the world's longest network of oil and liquid pipelines and is the largest natural gas utility in North America, with strong demand expected to persist over the next 20 years, particularly as natural gas and liquids usage rises, while its dividend growth provides stable returns for investors.
- Dividend Kings Potential: Both AbbVie and Enbridge have over 30 years of dividend growth records, with AbbVie already a Dividend King, and Enbridge expected to join this elite group in 19 years, showcasing their strong capabilities in shareholder returns and the attractiveness of long-term investments.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ENB?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ENB
Wall Street analysts forecast ENB stock price to rise
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 52.570
Low
45.79
Averages
53.54
High
69.00
Current: 52.570
Low
45.79
Averages
53.54
High
69.00
About ENB
Enbridge Inc. is an energy transportation and distribution company. The Company's segments include Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. Liquids Pipelines consists of pipelines and terminals in Canada and United States that transport and export various grades of crude oil and other liquid hydrocarbons, including the Mainline System, Regional Oil Sands System, Gulf Coast and Mid-Continent, and Other. Gas Transmission consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and United States, including United States Gas Transmission, Canadian Gas Transmission, United States Midstream, and Other. Gas Distribution and Storage consists of its rate-regulated natural gas utility operations in Canada and United States. Renewable Power Generation consists primarily of investments in wind and solar assets, as well as equity interests in geothermal power and power transmission assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Enbridge's Long-Term Investment Strategy in Energy Sector
- Stable Dividend Yield: Enbridge boasts a 5.4% dividend yield, supported by its reliable midstream operations in North America, providing shareholders with consistent returns despite global economic uncertainties.
- Resilience of Midstream Operations: The company charges fees for transporting oil and natural gas, ensuring strong revenue during economic downturns due to stable transportation volumes, which safeguards its long-term financial health.
- Investment in Clean Energy: Enbridge is increasing investments in regulated natural gas utilities and clean energy, which, while slow-growing, offer predictable cash flows that support dividend payments and enhance market competitiveness.
- Future Development Strategy: The company is not only focused on its current midstream business but is also actively positioning itself for the clean energy market, aiming to secure a competitive advantage in the energy transition, thus providing greater growth potential for long-term investors.
See More
Middle East Conflict Drives Oil Prices Higher, Benefiting Energy Stocks
- Chevron's Benefit from Rising Oil Prices: The geopolitical conflict in the Middle East has pushed oil prices higher, benefiting Chevron with a dividend yield of 3.7%, significantly above the industry average of 2.3%, which is expected to enhance its revenue and profit, thereby boosting investor confidence.
- Stability of Enterprise Products and Enbridge: Both Enterprise Products Partners and Enbridge operate midstream businesses that are less affected by oil price fluctuations, with Enterprise boasting a 5.8% dividend yield and a 27-year history of increasing distributions, showcasing its strong financial stability.
- Future of Clean Energy: NextEra Energy's dual focus on regulated electric utility and clean energy positions it well for growth, with projected dividend growth of 10% by 2026, making it attractive to renewable energy investors despite its current yield of 2.7%.
- Critical Nature of Global Energy Demand: The Middle East conflict underscores the world's reliance on energy, prompting investors to consider stable dividend stocks like Chevron, midstream companies like Enterprise and Enbridge, or the future-focused clean energy leader NextEra Energy.
See More
Middle East Conflict Drives Oil Prices Up, Investors Should Exercise Caution
- Oil Price Impact: The geopolitical conflict in the Middle East has led to a significant rise in oil prices, which, while beneficial for companies like Chevron in the short term, raises concerns about potential long-term economic recession, prompting investors to be cautious in their selections.
- Chevron's Resilience: Chevron boasts a dividend yield of 3.7%, significantly above the industry average of 2.3%, and its strong balance sheet, with a debt-to-equity ratio of just 0.25, makes it an attractive option amid economic uncertainty.
- Enterprise and Enbridge's Stability: Enterprise Products Partners and Enbridge offer yields of 5.8% and 5.4%, respectively, and have consistently increased their dividends for decades, showcasing their stability during oil price fluctuations, making them suitable for income-seeking investors.
- NextEra Energy's Future: NextEra Energy has the lowest yield at 2.7%, but its management projects a 10% dividend growth in the coming years, highlighting its long-term growth potential in the clean energy sector, appealing to investors focused on renewable energy.
See More
Three Stocks to Hold for 20 Years
- AbbVie's Adaptability: AbbVie (ABBV) generated over $1 billion in sales from 12 drugs last year, and despite facing patent expirations and competitive pressures, the company successfully launched successors Rinvoq and Skyrizi, surpassing Humira's peak sales, demonstrating its strong market adaptability and future growth potential.
- Amazon's Ecosystem: Amazon (AMZN), the world's largest consumer discretionary company, dominates not only in e-commerce but also continuously expands in cloud computing and artificial intelligence, creating a sticky ecosystem that is difficult for competitors to disrupt, which is expected to continue attracting a large user base and drive long-term growth.
- Enbridge's Stability: Enbridge (ENB) operates the world's longest network of oil and liquid pipelines and is the largest natural gas utility in North America, with strong demand expected to persist over the next 20 years, particularly as natural gas and liquids usage rises, while its dividend growth provides stable returns for investors.
- Dividend Kings Potential: Both AbbVie and Enbridge have over 30 years of dividend growth records, with AbbVie already a Dividend King, and Enbridge expected to join this elite group in 19 years, showcasing their strong capabilities in shareholder returns and the attractiveness of long-term investments.
See More
Enbridge: A Stable Energy Investment
- Stable Dividend Yield: Enbridge boasts a 5.4% dividend yield, supported by its midstream operations in North America, ensuring consistent cash flow even amid potential global recessionary pressures.
- Strong Transport Volume: The company transports oil and natural gas for other energy firms, with stable transport volumes allowing it to perform well during economic downturns, thereby reinforcing its market position.
- Clean Energy Investments: Enbridge is increasing investments in regulated natural gas utilities and clean energy, which, while slow-growing, provide reliable cash flows that support dividend payments and enhance long-term growth potential.
- Long-Term Strategic Positioning: Enbridge focuses not only on current dividend yields but also on future clean energy developments, ensuring a favorable position in the energy transition through forward-looking investment strategies.
See More
Iran War Fuels Growth for North American Oil Companies
- Rising Oil Prices: The Iranian attacks on oil infrastructure have effectively closed the Strait of Hormuz, leading to a sharp increase in oil prices, which is expected to drive revenue growth for North American oil companies.
- Enbridge Expansion Plans: Enbridge is set to invest CAD 28.4 billion in pipeline and terminal expansions, which is projected to increase its cash flow per share by 3% this year, allowing for continued growth in its 5.4% dividend and enhancing its market competitiveness.
- Enterprise Products Partners Investments: Enterprise Products Partners has invested billions in new pipeline systems and marine terminals, with $4.8 billion in major growth projects currently under construction, expected to support a 5.9% distribution growth, maintaining a 27-year streak of payout increases.
- Plains All American Pipeline Strategic Adjustments: Plains has optimized its pipeline portfolio through acquisitions of EPIC Crude Oil Pipelines and BridgeTex Pipeline, which is expected to drive stable cash flow growth in the future and support its 7.7% high dividend, boosting investor confidence.
See More
Enbridge's Long-Term Investment Strategy in Energy Sector
- Stable Dividend Yield: Enbridge boasts a 5.4% dividend yield, supported by its reliable midstream operations in North America, providing shareholders with consistent returns despite global economic uncertainties.
- Resilience of Midstream Operations: The company charges fees for transporting oil and natural gas, ensuring strong revenue during economic downturns due to stable transportation volumes, which safeguards its long-term financial health.
- Investment in Clean Energy: Enbridge is increasing investments in regulated natural gas utilities and clean energy, which, while slow-growing, offer predictable cash flows that support dividend payments and enhance market competitiveness.
- Future Development Strategy: The company is not only focused on its current midstream business but is also actively positioning itself for the clean energy market, aiming to secure a competitive advantage in the energy transition, thus providing greater growth potential for long-term investors.
See More
Middle East Conflict Drives Oil Prices Higher, Benefiting Energy Stocks
- Chevron's Benefit from Rising Oil Prices: The geopolitical conflict in the Middle East has pushed oil prices higher, benefiting Chevron with a dividend yield of 3.7%, significantly above the industry average of 2.3%, which is expected to enhance its revenue and profit, thereby boosting investor confidence.
- Stability of Enterprise Products and Enbridge: Both Enterprise Products Partners and Enbridge operate midstream businesses that are less affected by oil price fluctuations, with Enterprise boasting a 5.8% dividend yield and a 27-year history of increasing distributions, showcasing its strong financial stability.
- Future of Clean Energy: NextEra Energy's dual focus on regulated electric utility and clean energy positions it well for growth, with projected dividend growth of 10% by 2026, making it attractive to renewable energy investors despite its current yield of 2.7%.
- Critical Nature of Global Energy Demand: The Middle East conflict underscores the world's reliance on energy, prompting investors to consider stable dividend stocks like Chevron, midstream companies like Enterprise and Enbridge, or the future-focused clean energy leader NextEra Energy.
See More
Middle East Conflict Drives Oil Prices Up, Investors Should Exercise Caution
- Oil Price Impact: The geopolitical conflict in the Middle East has led to a significant rise in oil prices, which, while beneficial for companies like Chevron in the short term, raises concerns about potential long-term economic recession, prompting investors to be cautious in their selections.
- Chevron's Resilience: Chevron boasts a dividend yield of 3.7%, significantly above the industry average of 2.3%, and its strong balance sheet, with a debt-to-equity ratio of just 0.25, makes it an attractive option amid economic uncertainty.
- Enterprise and Enbridge's Stability: Enterprise Products Partners and Enbridge offer yields of 5.8% and 5.4%, respectively, and have consistently increased their dividends for decades, showcasing their stability during oil price fluctuations, making them suitable for income-seeking investors.
- NextEra Energy's Future: NextEra Energy has the lowest yield at 2.7%, but its management projects a 10% dividend growth in the coming years, highlighting its long-term growth potential in the clean energy sector, appealing to investors focused on renewable energy.
See More
Three Stocks to Hold for 20 Years
- AbbVie's Adaptability: AbbVie (ABBV) generated over $1 billion in sales from 12 drugs last year, and despite facing patent expirations and competitive pressures, the company successfully launched successors Rinvoq and Skyrizi, surpassing Humira's peak sales, demonstrating its strong market adaptability and future growth potential.
- Amazon's Ecosystem: Amazon (AMZN), the world's largest consumer discretionary company, dominates not only in e-commerce but also continuously expands in cloud computing and artificial intelligence, creating a sticky ecosystem that is difficult for competitors to disrupt, which is expected to continue attracting a large user base and drive long-term growth.
- Enbridge's Stability: Enbridge (ENB) operates the world's longest network of oil and liquid pipelines and is the largest natural gas utility in North America, with strong demand expected to persist over the next 20 years, particularly as natural gas and liquids usage rises, while its dividend growth provides stable returns for investors.
- Dividend Kings Potential: Both AbbVie and Enbridge have over 30 years of dividend growth records, with AbbVie already a Dividend King, and Enbridge expected to join this elite group in 19 years, showcasing their strong capabilities in shareholder returns and the attractiveness of long-term investments.
See More
Enbridge: A Stable Energy Investment
- Stable Dividend Yield: Enbridge boasts a 5.4% dividend yield, supported by its midstream operations in North America, ensuring consistent cash flow even amid potential global recessionary pressures.
- Strong Transport Volume: The company transports oil and natural gas for other energy firms, with stable transport volumes allowing it to perform well during economic downturns, thereby reinforcing its market position.
- Clean Energy Investments: Enbridge is increasing investments in regulated natural gas utilities and clean energy, which, while slow-growing, provide reliable cash flows that support dividend payments and enhance long-term growth potential.
- Long-Term Strategic Positioning: Enbridge focuses not only on current dividend yields but also on future clean energy developments, ensuring a favorable position in the energy transition through forward-looking investment strategies.
See More
Iran War Fuels Growth for North American Oil Companies
- Rising Oil Prices: The Iranian attacks on oil infrastructure have effectively closed the Strait of Hormuz, leading to a sharp increase in oil prices, which is expected to drive revenue growth for North American oil companies.
- Enbridge Expansion Plans: Enbridge is set to invest CAD 28.4 billion in pipeline and terminal expansions, which is projected to increase its cash flow per share by 3% this year, allowing for continued growth in its 5.4% dividend and enhancing its market competitiveness.
- Enterprise Products Partners Investments: Enterprise Products Partners has invested billions in new pipeline systems and marine terminals, with $4.8 billion in major growth projects currently under construction, expected to support a 5.9% distribution growth, maintaining a 27-year streak of payout increases.
- Plains All American Pipeline Strategic Adjustments: Plains has optimized its pipeline portfolio through acquisitions of EPIC Crude Oil Pipelines and BridgeTex Pipeline, which is expected to drive stable cash flow growth in the future and support its 7.7% high dividend, boosting investor confidence.
See More
