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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 | EBRGF | T.ENB.PR.B | 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

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

Comment by silkoson Mar 24, 2021 9:20am
295 Views
Post# 32865220

RE:RE:RE:RE:RE:RE:oil

RE:RE:RE:RE:RE:RE:oilCorrect. The negativity around the oil sector and the constant association of oil / non-green energy with the dark side is mind blowing. ENB is put in the same basket as oil producers, so they get the cold press shoulder most of the time. Not the same treatment as L3 protestors & wild rice protectors, guess everybody likes the underdog. Recall when Birkie dropped Enbridge Enrgy sponsorship? 

Quintessential1 wrote: I think you may be confusing Market sentiment and Environmental sentiment.  The Market is positive on oil right now that is why O&G stocks are rising .  The Envvironmentalists will never be positive on oil.  That is why Enbridge should take every opportunity to market itself as an Energy Delivery company and not an Oil & Gas company.  Energy Delivery is Enbridge's future.

Go Enbridge!  ;-)



silkos wrote: I don't see how market sentiment will EVER be positive on OIL.

If that's a major concern for anyone, then I think they should SELL.

leo101 wrote:
silkos wrote: Toll rate has nothing to do with OIL price. The long term contracts ENB has with producers will grant them access to the pipeline and are volume based. You may say that the stability of OIL producers may indirectly affect ENB stock, but there is no direct connection between the oil price and ENB revenue model.

Quintessential1 wrote: Why?  They don't produce it and they don't sell it at the other end.  They just charge the toll to transport it from one place to another.  Does that toll charge change with the price of oil?

leo101 wrote: lots of political noise on this board but the price of oil will have a greater impact enb's share price than what the witch from michigan had for dinner last night.

 

 

market sentiment.  do you think the share price of enb will hold up if oil goes below $50?
most people on this board whine about enb being undervalued and that's because the whole sector is out of favor.

i've held this since  it was interprovincial pipelines so market noise means nothing to me other than sideshow entertainment.

 




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