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Enbridge Inc T.ENB

Alternate Symbol(s):  T.ENB.PF.U | T.ENB.PR.P | ENBOF | T.ENB.PF.V | T.ENB.PR.T | T.ENB.PR.A | EBBGF | T.ENB.PR.V | EBGEF | ENBRF | T.ENB.PR.B | EBBNF | T.ENB.PR.Y | ENB | T.ENB.PR.D | T.ENB.PR.Z | T.ENB.PR.F | ENBFF | T.ENB.PF.A | T.ENB.PR.G | ENBGF | T.ENB.PF.C | T.ENB.PR.H | ENBHF | ENNPF | T.ENB.PF.E | T.ENB.PR.I | EBRGF | T.ENB.PF.G | T.ENB.PR.J | ENBMF | T.ENB.PF.K | T.ENB.PR.N | ENBNF | EBRZF

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

Post by ckwongon Oct 10, 2021 12:32pm
1215 Views
Post# 33993428

Line 3: one week after go live. No news is good news

Line 3: one week after go live. No news is good newsAny big operation's critical moment is the first 24-48 hours of operation. Line 3 has been operation for a week. Testing run or pilot run usually detect some but it is always watching Murphy when the operation go live. After a week, there is no news, I would consider it is good news. I am watching any report to confirm it is in full capacity to confirm any major problem.

In case of such project, the engineer is always over provision to reduce margin of error. But let see. If everything go smoothly, I would say at least 1 to 2 pennies of dividend increase for Q1 2022 contributed by Line 3. It could be another 10% dividend increase

6 cents from the current operation,
1 cents from the new terminal and
1-2 cents from Line 3 additional capacity.
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