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Enbridge Inc T.ENB

Alternate Symbol(s):  T.ENB.PF.G | T.ENB.PR.J | ENBMF | T.ENB.PF.K | T.ENB.PR.N | 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

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 SargeXon Aug 15, 2023 6:01pm
422 Views
Post# 35589960

RE:RE:RE:F..NO LIKE

RE:RE:RE:F..NO LIKEHey Vette

I saw your posts when you were selling and raising cash and see you're now buying. Very well done on your timing.

This reminds me a bit of the interest rate tantrum in 2013 when divy stocks got murdered. Luckily I was just entering full time retirement and so we were in the middle of transitioning from total return investors to dividend income/growth investors. Perfect timing for us as the beat-down was quite short lived.

This time is a little different in that inflation is a major issue so it is going to take a little longer to rebound.but I have absolutely no doubt that the divy stocks will eventually rebound and this will be looked back upon as a great buying opportunity.

As an aside, we no longer try timing the market and just buy whenever we accumulate an extra $5k of dividend cash so we've been buying throughtout the year. 

Well done & take her easy
   Sarge

corvette67 wrote: Bought some at 47.05 and again at 46.84. Love it here. Also BNS at 63.13.All at year lows. GLTA


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