Enbridge Inc T.ENB.PR.Y

Primary Symbol: 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.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.

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Comment by Larrymartin77on Feb 09, 2022 2:56pm

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Post# 34413748

RE:RE:RE:prediction

Davesnothere wrote:
SargeX wrote: One other quick note for those that might be interested - we've added 280 shares at an average of $53.14.

SargeX wrote: I've been doing some portfolio "maintenance" and decided to sell all of our FIE and GRT.UN. We've done quite well with FIE and incredibly well with GRT (avg buy price = $59.02) but FIE never raises their divy and GRT has gone up so much that the yield has been down around 3%.

It's all about dividend income for us so there are much better places for the dough so with it, we've added to 11 of our 17 existing holdings including ENB, TRP, and PPL. I know ENB is near a 52 week high and it's close to both earnings and ex-dv dates but I think they are going to knock it out of the park with their earnings. I also think that ENB is going to go down less than $0.86 div payment on Feb 14th, reversing the trend of getitng smacked on ex-div day.

My other prediciton is that ENB will be above $60 sometime this year (maybe before Juky 1??).

Ciao
Sarge

Thanks for the update SargeX, I like your common sense income approach. Solid, not flashy.