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Enbridge Inc T.ENB.PR.G


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

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 Oct 19, 2023 2:14pm
454 Views
Post# 35691349

RE:RE:What Exactly Is Wrong With Enbridge Stock?

RE:RE:What Exactly Is Wrong With Enbridge Stock?Citizen - well said...

Economics 101 dictates that at lower prices, there is more demand for that thing (in this case oil).  Since ENB makes money on the volume of product going through their system, then more demand for oil would increase revenues if the pipe was not already at capacity.  It certainly wouldn't reduce revenues..

The only possible exception to this would such a low oil price that producers reduce their production and hence throughput in the pipeline.

Talking heads on TV are just that - Talking Heads
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