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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 FiddyFiddyOddzon Nov 30, 2021 10:24am
529 Views
Post# 34179785

RE:RE:RE:RE:RE:RE:RE:Support @ 49.44-49.08-48.76 Resistance @ 50.12-50.44-50.80

RE:RE:RE:RE:RE:RE:RE:Support @ 49.44-49.08-48.76 Resistance @ 50.12-50.44-50.80WALTER - "Frustrating" is an understatement when it comes to ENB.
Stupid question:  if you are "going to" sell 2/3rds of your stock, surely you aren't going to sell it at 48, when you didn't sell it at 54, are you ?

Walter wrote:"Thanks, Sarge--glad to hear all is well.  I actually have zero TRP exposure, so for me the move is more about diversifying. I know everyone says that what is happening to ENB is "just noise" and that it will recover "eventually", but I've been in the stock for the better part of a decade and, other than the dividend, I don't really know why I'm in it.  Yes, it's somewhat stable, but at the same time, it's underperforming any market index I look at (and pretty much every other stock I own) over my holding period.

Every index is up from pre-covid levels and ENB is about 20% under pre-covid level.  It's frustrating and I'm gonna vote with my feet and sell 2/3 position and replace with TRP and EMA.  

Take it easy, Sarge.

WW"
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