Enbridge Inc. (NYSE:ENB) is one of the Goldman Sachs Energy Stocks: 10 Stocks to Buy.

On February 17, 2026, RBC Capital upgraded Enbridge Inc. (NYSE:ENB)’s price objective to C$76 from C$72, maintaining an Outperform rating on the stock.

On February 13, Reuters reported that the corporation has a project backlog of C$39 billion ($28.63 billion in U.S.), with around C$8 billion planned to go into service this year. Enbridge Inc. (NYSE:ENB) approved two renewable projects in the last quarter, including a $1.2 billion venture in Wyoming for a large technology firm and a $400 million onshore wind operation in Texas to support Meta Platforms, Inc.’s data center operations.

Chief Executive Greg Ebel said the company is still pursuing more than 50 data-center prospects across North America, which will require up to 10 billion cubic feet per day of new gas takeaway capacity. Shares increased by roughly 3% to a record high of C$72.57 following the announcement.

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As of February 10, 2026, the stock is up by 11.60% YTD.

Enbridge Inc. (NYSE:ENB) is a provider of gas and oil. The company operates in the following segments: liquid pipelines, gas distribution and storage, gas transmission and midstream, renewable power generation, and energy services.

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