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 > bloody hell im at breakeven

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Comment by SargeXon Oct 13, 2021 11:59am

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Post# 34001302

RE:bloody hell im at breakeven

I always find it interesting that so many investors fail to factor dividends into the equation. ENB may be at the same price that it was in Oct 2017 but during that time an investor would have collected $9.37 in divys per share.

I know that looks bad compared to many other stocks but it sure beats the h*ll out of a GIC.

Also, you did have a bit of bad timing if you bought in 2017 so it is sort of worst case scenario for ENB. (other than those poor guys that got in in April 2015)

As I've mentioned on other boards, even with the huge run-up in midstream this year, it still is my favourite sector of the sectors we invest in. Probably more upside in oil & gas producers but we steer clear of them and any direct commodity related stocks.

Ciao
Sarge