Published on 5 Oct 2021 on Zacks via Yahoo Finance
Enbridge (ENB) Stock Sinks As Market Gains: What You Should Know
Enbridge (ENB) closed the most recent trading day at $40.18, moving -0.59% from the previous trading session. This move lagged the S&P 500's daily gain of 1.05%.
Prior to today's trading, shares of the oil and natural gas transportation and power transmission company had gained 0.97% over the past month. This has lagged the Oils-Energy sector's gain of 9.11% and outpaced the S&P 500's loss of 5.07% in that time.
Investors will be hoping for strength from ENB as it approaches its next earnings release. On that day, ENB is projected to report earnings of $0.46 per share, which would represent year-over-year growth of 27.78%.