RE:RE:RE:RE:What's going on??Thx for the reply Albatross. It was between PPL or Enbridge on what to buy a while back but, I ended up buying PPL merely on a value investment, and, of course, the monthly dividend. Too me, PPL seemed like it had a bit more upside at first. By the looks of it --- and your comment --- I may have a bought the wrong company shares. I should have bought Enbridge instead. Their shares are performing much better imo. Plus, the divy is just as good. Hmm..not sure about this. Kind of disappointing the way PPL shares have been performing in my view. See how this goes for now.
Albatross wrote: Just as PPL earnings didn't get absolutely crushed when oil went negative they will not necessarily be bought on higher oil prices..
They have some commodity exposure but nothing to the same degree as oil producing companies. They mainly earn based on 'tolled' income. Alberta will have to start flowing more oil out of province for PPL to materially see increase pipeline utlization and that just takes time to ramp up... oil companies are rightfully hesitant to commit to increased capex for production gains and will prefer to reward long suffering shareholders.