Comment by
FiddyFiddyShot on Apr 13, 2024 6:45pm
Given Iran's unprecedented direct attack on Israel Saturday, you might very well get your wish of higher oil prices.
Comment by
Marty47 on Apr 13, 2024 10:16pm
Maybe I'm wrong here but Enbridge normally doesn't follow oil price as it make $$ with volume , if more oil flow more volume this is more money , oil stocks will be up , but if North America produce more oil they need to flow more , but again Maybe people will get Enbridge price up as more people look fore safety ....
Comment by
unclebobby on Apr 15, 2024 7:39am
Enbridge will recover quicker then you think, hold
Comment by
ecolo101 on Apr 16, 2024 9:55am
Probably but we will see lower numbers before as usual. This Co has no internal strength. Always bending to the low side. recovery will be nice but next fall or winter..... before we need to go through May and summer where market tends to go slower in activity. bagholders here are not lucky at all. Dividend +7% stock goes down 20%. Do the math dyodd
Comment by
YupnDump on Apr 17, 2024 7:00am
it belong in the catagory of DOGS...try to avoid...ARF ARF ARF
Comment by
mbuch on Apr 16, 2024 10:14am
In my book $85 WTI means energy is still up... Don't think it will go much higher in the near term. Long term high interest rates are killing these high debt companies. I just hope ENB can sustain thier divy regardless of the stock price.
Comment by
spacegimp on Apr 16, 2024 11:21pm
I was surprised how good their interest coverage ratio was 7.15 , they must have issued excellent long duration low yield bonds in the past really paying off now fundamentally with low payout ratio also . Just need market to recognize it . Dow pipelines index long term chart looks interesting, https://www.marketwatch.com/investing/index/djuspl?countrycode=xx