Why you can trust Enbridge for years to come Enbridge is the largest energy infrastructure company in North America. Its shares have climbed 10% in 2021 as of early afternoon trading on March 17. The stock is up nearly 20% in the year-over-year period. Investors can look forward to the release of its first quarter 2021 results in May. In 2020, Enbridge reported adjusted EBITDA of $13.2 billion, which was flat from the prior year. However, adjusted earnings came in at $4.89 billion – down from $5.34 billion in 2019. Enbridge has encountered regulatory pushback south of the border in recent months. Michigan Governor Gretchen Whitmer revoked the 1953 easement that allowed the Line 5 pipeline to operate freely for 65 years. Enbridge predicts that the legal battle will continue for “years,” which is why I’d suggested investors could trust the top energy stock in the near term.