What Has Enbridge (ENB) Stock Done For Investors?

Enbridge (NYSE: ENB) is 1 of North America's largest vigor infrastructure companies. It transports astir 30% of the crude lipid produced connected the continent and astir 20% of the earthy state consumed successful the U.S. The Canadian institution besides operates the largest earthy state inferior by measurement and is simply a starring capitalist successful renewable energy.

Here's a look astatine what this starring pipeline and utility banal has done for investors implicit the past 5 years.

The pursuing array illustrates Enbridge's banal terms and total return compared to the S&P 500 implicit the past one-, three-, and five-year periods:

Data source: Ycharts.

Other than the past year, Enbridge's banal terms has underperformed the S&P 500 implicit the past three- and five-year periods. However, the company's full instrumentality is much higher erstwhile adding in its high-yielding dividend (5.8% existent yield). That lucrative dividend income has really added up implicit the past 5 years, enabling Enbridge to outperform the broader marketplace index.

Enbridge has spent the past respective years expanding and diversifying its North American vigor infrastructure platform. It has invested heavy successful integrated superior projects crossed its 4 halfway franchises (liquids pipelines, state transmission, state distribution, and power). It has expanded respective lipid pipelines, built caller natural gas pipelines, invested successful state inferior superior projects, and developed respective renewable energy projects, including offshore wind energy projects successful Europe.

The institution has besides made respective acquisitions implicit the past fewer years. The biggest was its transformational woody to bargain 3 U.S. earthy state utilities from Dominion for $14 cardinal successful 2023. That transaction importantly expanded its state organisation platform, further shifting its net premix distant from liquids pipelines:

Data source: Enbridge.