Enbridge Inc T.ENB.PR.N

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

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 > Zachary Curry - BNN - HOLD

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Post by Possibleidiot01on Aug 09, 2023 3:24pm

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Post# 35580204

Zachary Curry - BNN - HOLD

HOLD

Hold or sell in light of the future of fossil fuels?

If you value the income from that 7% dividend yield, stick with it. Assets are in the fossil fuel space and it depends on that space, but the company doesn't produce the product just transports it. Assets are hard to replicate. Main concern is debt in the face of higher interest rates. Keep an eye on it, but hold for now. A better choice than the rest right now.

oil / gas pipelines

$48.910