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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 Experiencedon Sep 06, 2023 9:53pm
385 Views
Post# 35623250

RE:My prediction for the next year

RE:My prediction for the next yearGood points Hawk.....


These and other questions (some of which were raised by earlier posters here) has lead me to decide to wait before buying.  If that turns out to be wrong then so be it (better safe than sorry as they say).

The other question in my mind is why is Dominion selling and at what would appear to be at the lower end of the valuation range? They do seem to want to virtue signalling and moving more deeply into renewables especially offshore wind but they also have a fiduciary responsibility to their shareholders and so the question becomes - "Are there skeltons in that closet?" I dunno but it is a red flag of sorts.

Anyway, time will tell and most times being patient pays off.
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