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Enbridge Inc T.ENB

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

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

Bullboard Posts
Comment by SHUMBAon Jun 06, 2017 8:20pm
247 Views
Post# 26332871

RE:Bought Enbridge Income Fund

RE:Bought Enbridge Income FundWell, first let me say this, if you buy on yield, you are just fooling yourself. Equities with high yields are a "faade" i.e. to say, 1.) are these high yields sustainable? 2.) High yields, generally speaking drive the share price down...as you cannot have your "cake and eat it also too". In the event a dividend is reduced or completely cut, the results can be disastrous. Let's compare CNR...low yield, but great share price appreciation. Now, have a look at ENF, yes nice yield, but what is the likely hood of a substantial share price increase? And the answer is: minimal. So, in conclusion, I do in fact hold ENB , ENF, along with CNR. By all means diversify, but NEVER NEVER NEVER, repeat, NEVER buy anything because it has a high yield...that is just plain stupid.. Hope this helps.... Best.............SHUMBA
Bullboard Posts