Enbridge Inc T.ENB

Alternate Symbol(s): T.ENB.P.U | ENBRF | T.ENB.P.E | T.ENB.P.V | T.ENB.P.F | T.ENB.P.Y | T.ENB.P.G | ENBFF | EBRGF | T.ENB.P.H | ENBGF | T.ENB.P.I | ENNPF | EBBGF | ENBHF | EBRZF | EBGEF | T.ENB.P.J | EBBNF | 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 | T.ENB.P.D

Energy Oil & Gas Midstream

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.

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Enbridge Inc > Lorne Steinberg - BNN comment - Don't Buy

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Post by Possibleidiot01on Feb 01, 2024 2:50pm

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Post# 35857787

Lorne Steinberg - BNN comment - Don't Buy

DON'T BUY

ENB vs. FTS vs. TRP for income in an RRSP.

Lots of debt, which company has indicated it's going to reduce, which means slower dividend growth over time. Yield is 7.6%.

FTS is less levered. For a pure income play compared to ENB, he'd choose this one.

His favourite play in the entire sector is TRP. Less levered than ENB. Healthy dividend yield, and more room for growth. More room for growth in general.

oil / gas pipelines

N/A