14 Best Energy Infrastructure Stocks to Buy Now

8. Enbridge Inc. (NYSE:ENB)

Number of Hedge Fund Holders: 26

Enbridge Inc. (NYSE:ENB) is a midstream energy operator that focuses on transporting and distributing oil, natural gas, and natural gas liquids.

On April 7, Barclays raised its price target on Enbridge Inc. (NYSE:ENB) from C$68 to C$73, but kept its ‘Equal Weight’ rating on the shares. According to the analyst firm, the midstream giant’s base business “remains steady” as we head towards its Q1 2026 report.

Enbridge Inc. (NYSE:ENB) is projecting an EBITDA in the range of $20.2 billion and $20.8 billion and DCF in the range of $5.70 and $6.10 per share for FY 2026. The company expects to reach FID on another $10 billion to $20 billion of growth projects over the next two years, building on its $39 billion backlog that extends through 2033. The midstream firm has a 5% growth target through the end of the decade, supported by the now $39 billion secured growth capital.

Enbridge Inc. (NYSE:ENB) also boasts the coveted title of a dividend aristocrat, having raised its annual dividend for 31 consecutive years. With an impressive annual dividend yield of 5.37%, ENB was recently included in our list of the 15 Best High Yield Energy Stocks to Buy Right Now.