Overview
Description
Enbridge Inc. Preferred Stock represents a class of equity ownership distinct from common shares and is issued by Enbridge Inc., a leading North American energy infrastructure company. These preferred stocks primarily function to provide investors with a fixed dividend payment before any dividends are distributed to common stockholders. A characteristic feature of Enbridge's preferred stock is its place in the capital structure, which typically offers less risk compared to common stocks due to its priority in the event of corporate liquidation. This makes them particularly attractive to income-focused investors seeking stability.
Enbridge Inc. operates a significant portfolio of crude oil, natural gas, and renewable power generation assets. The company's infrastructure includes oil and gas pipelines, which play a crucial role in the energy sector by ensuring the efficient and safe transport of energy resources across North America. The issuance of preferred stock helps Enbridge secure long-term, non-debt financing, thereby supporting its capital allocation strategy and expansion projects. In the financial markets, Enbridge Inc. Preferred Stock contributes to diversifying investor portfolios, offering a blend of income and defensive investment characteristics.
About
CEO
Mr. Gregory Lorne Ebel
Employees
14500
Address
200, Fifth Avenue Place
425 - 1st Street S.W.
Calgary, T2P 3L8, AB
Canada
425 - 1st Street S.W.
Calgary, T2P 3L8, AB
Canada
Phone
403-231-3900
Website
Instrument type
Preferred stock
Sector
Industry
Country
Canada
MIC code
XTSE