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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

Post by Marner16on Feb 03, 2021 4:44pm
361 Views
Post# 32463452

$314 million cross...just another day at the zoo

$314 million cross...just another day at the zooThere is absolutely NO short squeeze happening on ENB stock.

Today's close was just another day at the zoo for ENB. 

Volume of the cross was up a bit higher than average, but with only 7 more shopping days, higher volumes seem likely.   If The Buyer is a real thing instead of something born in my mind, it follows that The Buyer would want to grab whatever shares it can before the public becomes aware on the 15th. 

With 5 more shopping days until ENB goes ex-dividend, higher share prices also seem likely as ENB typically follows a similar pattern each quarter. 

I don't expect any fireworks in the next few trading days as that is not ENB or BRK's (hopefully The Buyer) thing but it wouldn't surprise me at all to see a steady climb in share price for the next week unless the market itself presents a strong headwind.


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