Enbridge Inc T.ENB

Alternate Symbol(s): ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | T.ENB.PR.B | EBRGF | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | 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

Energy Oil & Gas Equipment & Services

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 > 45 - Whoomp There It Is - But Will It Hold ?

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Comment by Quintessential1on Feb 05, 2021 7:51am

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Post# 32481739

RE:RE:RE:RE:RE:RE:RE:45 - Whoomp There It Is - But Will It Hold ?

Goes a 22% price jump scare you? If Enbridge has as good an earnings report as goose and beats anylists estimates the initial rise on a share price with momentum could be enough to shake off the shorts that are holding this stock's price back. THAT is exactly what happened with goose. It's share price rose to it's pre-pandemic levels aand Enbridge could too!

FreeAtFiddy wrote: QUIN - A 22 % price jump on earnings will never ever happen, even if they beat estimates by triple ! In fact, with stupid comments like we heard today from Biden's press secretary, i would think the shares will again begin to drop.

Especially now we're slightly north of 45, and we all know what happens when we get in that zone, right ?

Quin wrote :"It doesn't matter. The earnings report is after the ex-div date. Its merely the anticipation of a great earnings beat that drives the price up. But if its a really good earnings report perhaps it will drive the share price up 22% like Canada Goose's ER did to its share price today."