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Enbridge Inc T.ENB.PR.N


Primary Symbol: T.ENB Alternate Symbol(s):  T.ENB.PF.U | T.ENB.PR.P | ENBOF | T.ENB.PF.V | T.ENB.PR.T | T.ENB.PR.A | EBBGF | T.ENB.PR.V | EBGEF | ENBRF | T.ENB.PR.B | EBBNF | T.ENB.PR.Y | ENB | T.ENB.PR.D | T.ENB.PR.Z | T.ENB.PR.F | ENBFF | T.ENB.PF.A | T.ENB.PR.G | ENBGF | T.ENB.PF.C | T.ENB.PR.H | ENBHF | ENNPF | T.ENB.PF.E | T.ENB.PR.I | EBRGF | T.ENB.PF.G | T.ENB.PR.J | ENBMF | T.ENB.PF.K | ENBNF | EBRZF

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 FiddyFiddyOddzzon Mar 07, 2022 9:10am
367 Views
Post# 34489664

RE:RE:Where will Enbridge close at on Monday?

RE:RE:Where will Enbridge close at on Monday?CK - Looks like you're bang on.  Crude has come off a bit and is now only up 2.6 % at 118.68.  The pre-market on ENB as of 9:10am has dropped to 57.25. 
It'll be interesting to see what happens to the price of oil if Biden actually decides to stop funding the misery in Ukraine, and stops purchasing Russian oil.

Ck wrote:"NG and oil have been retreated from the peak set overnight. But ENB's ask/bid is well established its footing above C$57 . I would say 75% close above C$57 but not huge gain (ie. more than C$1). I would not say 100% because the market is so volatile that may fall badly due to news. It will drag everything with it even precious metal stocks.

According to shortdata.ca, ENB has decreased its short by 3.1M shares between Feb 16 to Feb 28. Outstanding short position is about 1.3M.

https://shortdata.ca/stock/ENB.TO"
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