ca.finance.yahoo.com

Why Enbridge May Be a Better Long-Term Choice Than Suncor

Enbridge logoEnbridge
Sig2.60Sen+3.60Env0.00Soc0.00Gov0.00
Suncor Energy logoSuncor Energy
Sig2.20Sen+3.40Env0.00Soc0.00Gov0.00

Adjusted funds from operations for Enbridge nearly doubled to $5.3 billion, with operating cash flow up about 27% to $4.1 billion and distributable cash flow rising to $2.9 billion. The stock yields about 5.6%, and the company ended Q2 with roughly $41 billion in secured growth backlog, targeting $10–$11 billion in annual growth investment capacity.

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