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Enbridge Inc 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 | ENBMF | T.ENB.PR.P | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

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 ztransforms173on Sep 07, 2023 10:09pm
502 Views
Post# 35625410

RE:The Real reason for the Sale

RE:The Real reason for the Sale
from D Q2/2023 filings:

(million US Dollars)

income from operations:  722

INTEREST & related charges: 
430


H1/2023:

income from operations:  2167

INTEREST & related charges:  1016

H1/2022:

income from operations:  658

INTEREST & related charges:  221

- like I said, the RISING INTEREST RATES is EATING THEM ALIVE


* their INTEREST EXPENSES MULTIPLIED by 4.6 TIMES in one year {give your regards to the Federal Reserve}

Total long-term debt:

@ June 30, 2022

38, 259

@ December 31, 2022

38,914

@ June 30, 2023

39,223

- there was a NASTY REGULATORY RULING against D that cost them
USD 350 million in revenues

- I stand by my analysis

z173

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