Better Buy: Enbridge vs. Williams Companies

Better Buy: Enbridge vs. Williams Companies

For example, shares of Canadian oil pipeline behemoth Enbridge (NYSE: ENB) have shed nearly 20% of its value while U.S. gas pipeline giant Williams Companies (NYSE: WMB) is down about 10% on the year. Enbridge generates very stable cash flow backed by long-term contracts and regulated rates. The company remains on track to achieve the mid-point of its initial CA$4.50-CA$4.80 per share ($3.47-$3.70) guidance range for distributable cash flow.