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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 | 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 > US pipeline stock are not tanking
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Comment by Quintessential1on Dec 09, 2021 9:39pm
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Post# 34216998

RE:RE:RE:RE:RE:US pipeline stock are not tanking

RE:RE:RE:RE:RE:US pipeline stock are not tankingWell IMO this isn't tanking.  What they did in March 2020 was tanking.  This is a dip.

As for why its part seasonal as they do this every year at this time with tax loss selling and profit taking for year end but the omicron covid fears this year are making it a lot worse.

Banks are pretty high priced right now but they do pay a reliable dividend just not as high a yield as Enbridge.  They also dip everytime they mention omicron or another varient but not as much as I think they have shown that they are less affected by lockdowns.

  



prabhatmalik wrote: Why are they tanking! Is it seasonal rotation or because interest are going up?
I guess that banks are a good buy in this environment.
please comment. Thanks


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