Enbridge's Trading Volume Surges to $202 Million, Securing Top Spot in Daily Market Activity

On June 18, 2025, Enbridge's trading volume reached $202 million, marking a 74.45% increase from the previous day. The stock closed at $45.02, down 2.15% from the previous trading session.

Enbridge is rapidly expanding its gas pipeline business, with the next three years being crucial in defining its position in the natural gas sector. The company's EIEC Phase VII project is on track to enter service in 2025, increasing storage capacity significantly. Additionally, Enbridge is developing smaller buildouts in the US, further solidifying its gas distribution capabilities.

Enbridge has completed the acquisition of three US utilities, transforming into a diversified midstream company with multiple avenues for capital deployment. The company is also working on a $28 billion capital program aimed at driving earnings and distributable cash flow higher over the next few years. This program is expected to support ongoing dividend increases, with Enbridge having raised the dividend in each of the past 30 years. Investors can currently enjoy a dividend yield of 6%.

Enbridge's strategic importance in the oil sector remains significant, as the company moves about 30% of the oil produced in Canada and the United States. The company also owns an oil export terminal in Texas and could potentially partner on a new major oil pipeline project in Canada in the coming years. The company's extensive natural gas transmission and storage infrastructure positions it well to benefit from the increasing demand for natural gas, driven by the construction of new gas-fired power generation facilities to supply electricity for AI data centers.