Enbridge Inc T.ENB

Alternate Symbol(s): ENB | T.ENB.PF.A | ENBSF | T.ENB.PF.C | ENBOF | T.ENB.PF.E | ENBFF | T.ENB.PF.G | T.ENB.PF.U | EBBNF | EBGEF | T.ENB.PF.V | ENBGF | T.ENB.PR.A | EBRGF | T.ENB.PR.B | EBRZF | T.ENB.PR.D | T.ENB.PR.F | ENBHF | T.ENB.PR.H | ENBRF | T.ENB.PR.J | 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 Equipment & Services

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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Enbridge Inc > T.ENB = Another HIGH Today $ 57.82

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Comment by Quintessential1on Mar 28, 2022 7:41am

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Post# 34551147

RE:RE:RE:T.ENB = Another HIGH Today $ 57.82

No, oil price only appears to affect ENB's share price as correlation does not neccessarily mean causation.

We are about to see what does affect the share price as Enbridge maxes out its volume to increase Canada's supply. Whether this lowers overall demand and the global oil price remains to be seen as other markets will also try to increase supply to take advantage of high commodity prices and help out the EU with their energy shortfall.

Go Enbridge! ;-)

FiddyFiddyOddzz wrote: Hmmmm...Sunday's night's pre-market oil price is trending one and a half percent lower.
As evidenced by NPC's vid the other day , oil price DOES affect ENB's share price, so are we in for a share price drop Monday morning ????????

Fiddy wrote:"The million dollar question is : Does Enbrige continue it's upward march Monday morning, or does it give back a percentage or two of the gains it's recently made ?"