Post by
ecolo101 on Apr 04, 2024 11:15am
Gas companies
Lately many gas companies saw their stock price taking 8-10% improvement, ex. Chesapeake energy CHK.
and unfortunately ENB is cruising with no traction. What will it take to get the same effect?
With interest rate cuts push back , this means from three down to two or maybe none at all this year.
What will be the impact on ENB bottom line.
cash flow to still be generated as predicted or coming down from target?
Time will tell I guess. But we are just staying where we are?
at least volatility is low and we are not loosing to much ground.
dyodd
Comment by
corvette67 on Apr 04, 2024 2:43pm
Dont know what is going on with this company either so i thinned out my position today at close to my cost. No sense taking a loss to get a div. GLTA