TORONTO – Some of the most active companies listed on the Toronto Stock Exchange on Tuesday:
Toronto Stock Exchange (20,806.63, down 14.80 points.)
Suncor Energy Inc. (TSX: SU). Energy. Down 15 cents, or 0.64%, to $ 23.32 on 14.9 million shares.
Enbridge Inc. (TSX: ENB). Energy. Up 43 cents, or 0.86 percent, to $ 50.55 on 13.8 million shares.
Manulife Financial Corporation (TSX: MFC). Financial. Up 20 cents, or 0.82 percent, to $ 24.62 on 10.4 million shares.
Bombardier Inc. (TSX: BBD.B). Industrialists. Up to one cent, or 0.52 percent, to $ 1.94 on 10 million shares.
BCE Inc. (TSX: BCE). Communications. Up 29 cents, or 0.44%, to $ 66.02 on 8.1 million shares.
Canadian Natural Resources Ltd. (TSX: CNQ). Energy. Down 40 cents, or 0.91%, to $ 43.42 on 7.3 million shares.
Companies in the news:
Enbridge Inc. (TSX: ENB). Up 43 cents, or 0.86 percent, to $ 50.55. Canadian pipeline giant Enbridge Inc. is expanding its presence on the US Gulf of Mexico coast with a US $ 3 billion acquisition. The Calgary-based company said on Tuesday it would acquire U.S. terminal and logistics company Moda Midstream Operating LLC from private equity firm EnCap Flatrock Midstream. As part of the agreement, Enbridge will acquire the largest crude export terminal in North America, the Ingleside Energy Center located near Corpus Christi, Texas. The terminal, which will be renamed Enbridge Ingleside Energy Center, has 15.6 million barrels of storage and 1.5 million barrels per day of export capacity. It charged 25% of all US Gulf Coast crude exports in 2020. Enbridge is looking to carve out a strong position on the US Gulf Coast to meet growing global demand for a sustainable energy supply at lower cost. The Ingleside energy hub is located near low-cost, long-lived oil reserves in the Permian and Eagle Ford basins, said Enbridge CEO Al Monaco. The facility is considered one of the most competitive export facilities in North America, supported by 925,000 barrels per day of long-term vessel loading contracts and 15.3 million barrels of storage contracts long-term.
This report by The Canadian Press was first published on September 7, 2021.