RE:RE:RE:RE:RE:RE:Enbridge is I agree on banks and midstreamers being great investments as well as telcos and utilities. That's the onyl 4 sectors my wife & I now own.
Coastallink has been a nightmare but it's getting close to the finish line (and I think is all priced in now). ENB still has the potential Line 5 hassles as well as Mainline contracting rules clouding its future.
Ciao
Sarge
Quintessential1 wrote: Like the banks you really can't go too wrong with any of the Canadian mid-streamers.
TRP is taking it on the chin right now because of cost over runs on the Coastal Gas Link pipeline.
It is a good example of just how well ENB builds pipelines on time and within budget parameters.
Go Enbridge! ;-)
SargeX wrote: We actually got in when ENB rolled up ENF in Sept, 2018. Before that, we had held ENF since Sept, 2013 so we have done incredibly well with the combo.
Our ACB is now $47.20 as we continue to add as our extra divy income becomes available. ENB may be my least favourite of the midstreamers but overall, I still like it more than most stocks. I am a huge fan of the mdistreamers and think they are all going to do really well in the next few years.
As I have mentioned, I like to keep our book value of each of our 13 main stocks at a similar value so we just continue to add to all 13 in $5k increments.
Ciao
Sarge
Quintessential1 wrote: Yup it all depends on when you got in and at what price.
I know you got in well before me so your ACB is probably lower than mine and your yield higher too.
This volatility that is being refered to just looks like consolidation to me.
ENB has been in an uptrend since the 2020 lockdowns ended and has been a solid payer for me.
It has less shorts than the other pipes too at only 2.17% so I am not sure what the OP is on about.
Just another uninformed basher and as usual, I am not worried.
Go Enbridge! ;-)
SargeX wrote: Wow, that's quite an interesting surprise. I had to check my Morningstar watchlist for the 4 midstreamers we hold. Here's the table for total annual return (including divys)..ENB by far and away the leader on a 5 year basis but lags PPL and KEY on 1 and 3 years.
Still prefer PPL and KEY out of the 4.
| Ticker | | 1yr% | | 3yr% | | 5yr% | | 10yr% |
| ENB | | -0.44 | | 15.51 | | 12.93 | | 5.30 |
| KEY | | 3.93 | | 28.22 | | 3.37 | | 4.91 |
| PPL | | -4.07 | | 22.39 | | 7.08 | | 7.45 |
| TRP | | -19.28 | | 0.54 | | 5.29 | | 5.09 |
Quintessential1 wrote: Best performing Canadian pipe over the last 5 years in terms of share price.
If you got it then the div was and is the juciest too!
Go Enbridge! ;-)
SadieLadyCO wrote: becoming a stock NOT to own...Way to volatile...Nice div but, price is to voliatile...This thing should be up into the $58+ range. A lot of shorts.