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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 | T.ENB.PF.U | EBBNF | 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

Comment by WalterWhyon Jul 07, 2021 9:51am
565 Views
Post# 33504638

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Surprise dividend increase?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Surprise dividend increase?I hold both ENB and ENS, and was a little miffed that they did this as well.  If memory services me correctly, ENS price was at $14.50 and they priced it at $13.50 and took away the premium overnight.

It's because of this that I haven't bought any on the recent run-up:  like you, I'm expecting Middlefield greed to knock the price down to or below $13.50 and can acquire ENS shares then.

cttglvr wrote: As a retiree looking for income I hold ENS as well as Enbridge. Investors may want to check out the Middlefield Funds page as it gives a fairly recent ENS NAV. Today it shows a NAV of $13.90 as of July 5. One thing I've noticed is that while ENS usually trades at a premium to NAV if it gets too high Middlefield issues another $50 million or so in shares substantially below the current share price. Recently they did 2 issues this year in March and April....greedy?....likely but it really depressed the share price the last time to just about the NAV based on Enbridge share price. I bought more.at this time. I'm thinking we'll see another issuance soon.


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