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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Enbridge Inc > Ryan Bushell - BNN - Top Pick

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Post by Possibleidiot01on Feb 02, 2023 2:38pm

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Post# 35262971

Ryan Bushell - BNN - Top Pick

Enbridge (ENB TSX)

Relatively simple thesis here, 6.5 per cent dividend yield while you wait for incremental demand for Enbridge’s infrastructure capabilities to materialize. Dividend growth will be modest as the company de-levers and there is little if any regulatory risk in the foreground at present. Not terribly exciting but a relatively solid value proposition in an uncertain world.

stockchase.com

TOP PICK

Not a lot of regulatory noise, for the first time in a while. He's expecting positive news on Maineline tolling. Core pipeline network is going to continue to fund a lot of free cashflow. Infrastructure expertise now has continental reach. Potential for energy funds to flow into Canada and ENB will benefit. He has about a 6% position. Over next 10 years, opportunity for total return of dividend plus capital appreciation is pretty great. Yield is 6.56%.

(Analysts’ price target is $58.10)

oil / gas pipelines

$54.350