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Is The Largest Oil Transporter Going Renewable?

By Taylor Muckerman and Joel South – Feb 7, 2014 at 10:12AM

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With Enbridge reporting on 2013 next week, our analysts want an update on a few pipeline projects and the possibility of more renewable energy production assets.

Source: Wikipedia

Enbridge, (ENB 1.05%) ranks highly as a transporter of oil and other liquids in the United States and Canada. With a lot of pipelines projects on the docket, our analysts are interested in decisions expected from the Canadian government in the next six months. Surprisingly, though, Enbridge has a renewable power portfolio with generation capabilities to power 600,000 homes. Will this portion of the business grow? Check our short clip below for more Enbridge and why one of our analysts likes Kinder Morgan (KMI 1.27%) a bit more.

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This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Kinder Morgan. The Motley Fool owns shares of Kinder Morgan. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Stocks Mentioned

Enbridge Stock Quote
Enbridge
ENB
$41.29 (1.05%) $0.43
Kinder Morgan Stock Quote
Kinder Morgan
KMI
$19.12 (1.27%) $0.24

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