Pipeline regulatory developments in Canada and the U.S. could act as catalysts for Enbridge stock price movement in the coming months. Upbeat industry forecasts on energy transport demand offer potential tailwinds for share performance. Uncover the next big thing with financially sound penny stocks that balance risk and reward . On June 16, 2025 , Enbridge closed the previously announced acquisition of a 10% interest in MXP, a leading natural gas infrastructure asset providing 2.5 bcf/d of Permian egress to the Katy area in the U.S. Gulf Coast region. In addition, the Company has announced the upsizing of the Traverse Pipeline from 1.75 Bcf/d to 2.5 Bcf/d, which provides bidirectional service between Agua Dulce and Katy area in Texas . The expanded scope was prompted by strong market demand and customer feedback, and enhances egress optionality across the U.S. Gulf Coast. The pipeline is expected to enter service in 2027. The Enbridge stock price performance remains resilient amid oil price fluctuations, largely due to its diversified energy infrastructure portfolio. Market sentiment indices point to an uptick in investor confidence ahead of mid-year dividend announcements.
