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ENBRIDGE INC
Enbridge Inc. reported that its subsidiary, Wexpro Company, made total payments of $27.754 million to the U.S. government during the 2025 fiscal year related to oil and natural gas extraction. These payments, consisting of taxes, royalties, and fees, were associated with projects in Colorado, Utah, and Wyoming, as well as corporate tax obligations.…more
ENBRIDGE INC
On September 14, 2026, Enbridge Inc. completed a public offering of 44,735,000 common shares, raising approximately CDN$3.0 billion in gross proceeds. The shares were sold at a price of CDN$66.85 per share, including the full exercise of the 5,835,000 share over-allotment option.…more
ENBRIDGE INC
Enbridge Inc. is conducting a public offering of 38,900,000 common shares at a price of $66.85 per share, raising approximately $2.6 billion. The net proceeds will be used to partially fund previously announced acquisitions and to enhance financial flexibility for future growth opportunities.…more
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Top 3 Oversold Energy Stocks Based on RSI
Three energy stocks have entered oversold territory with an RSI below 30, suggesting potential for a short-term technical rebound. This analysis is based on momentum indicators rather than fundamental improvements in company performance.…more
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Enbridge has announced a bought deal offering of 38.9 million common shares at C$66.85 per share to raise approximately C$2.6 billion. The issuance is expected to close around September 14 and will result in shareholder dilution.…more
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Enbridge has entered into a definitive agreement to acquire Tallgrass Energy's crude oil business for $2.55 billion in cash. The deal includes significant pipeline and storage assets, expanding Enbridge's crude transportation network.…more
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