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Enbridge Inc T.ENB

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

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

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Post by Rodney15on Nov 17, 2020 11:01pm
950 Views
Post# 31920077

Further to Marner's points...

Further to Marner's points...Went through the 13F and the vale of the equity holdings when added together is roughly 229B, not 220B like the article suggests. I think this makes Marner's previous points even stronger. The 10Q/13F filings were for the period ended 09/30, and seeing as Marner's count of ~500M shares is up to today, if it was ENB a much smaller position would have been reported in that period compared to what exists today. 

Some quick math...

245B less 229B is roughly 16B in undisclosed equity holdings. Let's assume that 6B of japanese investment brings that down to 10B... or roughly 13B CAD... things start to seem more in line when you think of it that way imo.

We could all be conspiracy theorists... but I think we may be onto something here!
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