RE:RE:RE:YIKES ! - Struggling To Hold On To Fiddy A Share.....Well the share price is a representation of their worth in dollars per share. No growth, no ahre price growth. We are going to need an earnings report with good numbers to kick the share price up. This shouldn't be a problem with Line 3 coming online and the new export terminal acquisition. Guidence for next quarter and next year should be very favourable.
Like you said the market soared ....but not pipes. Enbridge is the best pipe in this sector and none of the others have the ESG or future plans that this pipe does. Until then I'll watch it grind my divy higher in the share price each quarter.
Go Enbridge! ;-) Bore me some more....please.
silkos wrote: Funny you put it this way. It's doing better because it didn't much lately. Actually it has been stagnating for the past 3 months. The market roared, not ENB. Now the market pulls back, ENB not that much as expected. ENB is boring. Super boring. Yet solid and steady.
All pipelines are in the same boat. Perhaps money is slowly moving out of pipelines to OIL/GAS producers where the $$$ is.
So far the only big moves ENB made are those documented by Marner prediv / exdiv.
Hopefully next financial reporting will generate a bullish sentiment.
Quintessential1 wrote: The whole martket is down, especially in this sector. Enbridge is doing better than most.
FiddyFiddyOddz wrote: