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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 | T.ENB.PR.P | ENBMF | 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
Post by marketsenseon Aug 07, 2019 1:06pm
184 Views
Post# 30002706

Volatility

VolatilityInsane volatility,  without any change in fundamentals.   I mean these pipeline stocks
are supposed to be stable utuility assets,  not junior spec stocks.    What does the trade war
have to do with these companies other than collateral damage from generalized market fear?
I understand the rush to buy gold makes sense but one would also think there would be a muted
but similar move into safer utility types as well.  Yesterday's action. threw cold water on that 
theory and todays action seems strangely contradictory.    So what can we take from all this?
Fear and manipulation combined creates volatility but is not reflecting of anything of material
importance to ENB.  Hold and collect is what seems the correct strategy and if you can't ignore
the noise,  then buy more on the drops.
Bullboard Posts