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Enbridge Inc T.ENB

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

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 FiddyFiddyOddzzon May 23, 2022 10:39am
331 Views
Post# 34702026

RE:Why Enbridge Should Trade Higher!

RE:Why Enbridge Should Trade Higher!"Undoubtedly, higher oil and gas prices are good for the Enbridge stock.

Therefore, it is no coincidence that the year-to-date jump in Canadian midstream energy shares went hand in hand with the subsequent rally in the fossil fuel market."

Ummm, but wait a second, for years on this board the "experts" have been posting oil prices have NOTHING to do with the price of Enbridge shares.  Either the author of the article is wrong, or the "experts" on Stockhouse are wrong, hmmmmm, I wonder which it is....

Quin wrote:"Why wouldn't it?



https://www.tipranks.com/news/article/why-enbridge-should-trade-higher/

Go Enbridge! ;-)"
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