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 > Not investing here for now.

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Comment by SusanBollandon Oct 28, 2021 6:30am

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Post# 34057527

RE:RE:Not investing here for now.

SargeX wrote: Hey Hawk

Thanks for the shout out.

At this point in our small universe of 18 stocks and at these prices, I think TD, AQN, and TRP are decent buys. I also think KEY at $32,90 and PPL at $40.75 would be fine as well.

TRP has just had a bump down because of the Coast Link issues but I think it's over-done and that's why I think it's a buy at these prcies.

As far as ENB goes, I think a buy price is more like $45.50. I think it will probably stay flat but I certainly wouldn't be buying now as there is still quite a bit of short term risk.

Even with the good run most of the midstreamers have had, I still think there's more to come before the end of the year.

Take her easy
Sarge

hawk35 wrote:
I've had some surplus cash from selling IPL and another stock but none of it was invested in ENB. It comes down to four reasons.

1. ENB seems to get bogged down in court challenges more than others.
2. I'm concerned by the never ending pumping that Motley Fool does almost every single day.
The yield is great but If ENB is such a great deal, why is such repetitive pumping
    necessary?
3. I do lots of research including this board, and too many posts seem to be nonsense, off
    topic or political in nature. It just puts me off.
4. Sarge mentioned recently on another board that of all the pipe's he holds, ENB ranks last
    for him. I respect his opinion.

For now I'm staying out of ENB.