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Enbridge Inc T.ENB

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

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 silkoson Mar 23, 2021 12:18pm
164 Views
Post# 32858438

RE:RE:oil

RE:RE:oilToll rate has nothing to do with OIL price. The long term contracts ENB has with producers will grant them access to the pipeline and are volume based. You may say that the stability of OIL producers may indirectly affect ENB stock, but there is no direct connection between the oil price and ENB revenue model.

Quintessential1 wrote: Why?  They don't produce it and they don't sell it at the other end.  They just charge the toll to transport it from one place to another.  Does that toll charge change with the price of oil?

leo101 wrote: lots of political noise on this board but the price of oil will have a greater impact enb's share price than what the witch from michigan had for dinner last night.




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