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

Energy Oil & Gas Midstream

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

Enbridge Inc > OPEC+ meeting canceled, sending oil prices climbing higher

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Comment by silkoson Jul 06, 2021 1:19pm

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Post# 33499475

RE:RE:RE:RE:RE:RE:RE:OPEC+ meeting canceled, sending oil prices climbing higher

Thank you for sharing the math behind it now I finally get it. You have a special screen :)

Oil producers are direct dependent on OIL price. ENB is not.

If you check OIL producers you will find reference to Brent Crude and WTI, you can find info on hedging etc. Nothing like that for ENB.

There is not one formula that is using the commodity price for ENB.

Even if you say it a thousand times, it doesn't mean you are right.

I am gonna stop here. You win. I lose. You are right, I am wrong. Or the other way around.

FiddyFiddyOddz wrote: SILKOS - The formula is quite simple - LOOK AT YOUR SCREEN !
Oh, and why is "the entire energy sector down" ?? That's right, because WTI is down...
CHEERS !

Silkos wrote:"Fiddy: can you post here the formula you use in your calculation so that every one can comment? Thanks!

PS: The entire energy sector is down. It could be a healthy sell off ... which would be considered good news."