Enbridge To Acquire Salt Creek Midstream's Crude Oil Gathering Business For $600M In Cash

This Energy Giant Just Bought 500 Miles of Pipeline in America's Busiest Oil Field. Here's Why.

Enbridge acquired Salt Creek Midstream's crude oil gathering business for $600 million, gaining 500 miles of pipeline infrastructure in the Delaware Basin. The deal includes the Orla and Wink North systems plus a 50% stake in Delaware Crossing, with combined capacity of 420,000 barrels per day. The acquisition is expected to be immediately accretive to earnings and cash flow upon closing in late 2026, strengthening Enbridge's strategic position and supporting its dividend growth.

Enbridge Forms JV With KKR In Collaboration With Apollo Funds To Extend C$2.7B Of Financing For The Previously Sanctioned Aspen Point And Sunrise Expansion Programs Of The Westcoast Natural Gas Pipeline System

Under the agreement, KKR and Apollo will invest approximately C$2.7 billion to fund the Expansions, including C$0.7 billion of cash to Enbridge at closing, in exchange for an indirect, cumulative 29% interest in the

All It Takes Is $5,000 Invested in Each of These 3 High-Yield Dividend Stocks to Generate Over $800 in Yearly Dividends

The article recommends three high-yield dividend stocks that can generate over $800 in annual income from a $15,000 investment ($5,000 each). Realty Income offers a 5.2% yield with 31 years of consecutive dividend increases, Verizon provides a 5.9% yield with 19 years of consecutive increases, and Enbridge delivers a 5.5% yield with 31 years of consecutive increases. All three stocks are positioned as reliable income generators with consistent dividend growth.

Barclays Maintains Equal-Weight on Enbridge, Raises Price Target to C$75

Barclays analyst Theresa Chen maintains Enbridge (TSX:ENB) with a Equal-Weight and raises the price target from C$73 to C$75.

Enbridge Q2 Adj. EPS $0.63 Beats $0.58 Estimate, Sales $29.318B Beat $13.227B Estimate