Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Enbridge Inc T.ENB.PR.D


Primary Symbol: T.ENB Alternate Symbol(s):  ENBFF | ENB | T.ENB.PR.F | ENBGF | T.ENB.PF.A | T.ENB.PR.G | ENBHF | ENNPF | T.ENB.PF.C | T.ENB.PR.H | EBRGF | T.ENB.PF.E | T.ENB.PR.I | ENBMF | T.ENB.PF.G | T.ENB.PR.J | ENBNF | EBRZF | T.ENB.PF.K | EBBGF | T.ENB.PR.N | EBGEF | ENBOF | T.ENB.PF.U | EBBNF | T.ENB.PR.P | T.ENB.PF.V | T.ENB.PR.T | ENBRF | T.ENB.PR.A | T.ENB.PR.V | T.ENB.PR.B | T.ENB.PR.Y

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.


TSX:ENB - Post by User

Comment by Experiencedon Jan 06, 2024 12:15pm
314 Views
Post# 35813782

RE:RE:RE:Any posters have a timeline to sell off fossil fuel stocks?

RE:RE:RE:Any posters have a timeline to sell off fossil fuel stocks?Albatross - generally agree with your points

I agree that we will need for a long time into the future.  That said, there are alternatives to oil use such as EVs in transportation, Government policy reducing the need for plastics and use of such things as recycled plastic to make clothes.  This will limit future use of oil.

On the otherhand, increasing use of EVs will require more electricity generation using natural gas as renewables such as  solar and wind have their problems.  This is why I am bullish for natural gas and a bear regarding oils.  ENB increasing it bottom line reliance on natural gas especially in the utility sector and reducing its reliance oil liquids (oil) is thus IMO a smart move.


<< Previous
Bullboard Posts
Next >>