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Enbridge Inc T.ENB.PR.F


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

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 oilisswellon Nov 08, 2023 6:47pm
288 Views
Post# 35724856

RE:ENB's Finances Raise Concerns, Stock Underperforms GIC's

RE:ENB's Finances Raise Concerns, Stock Underperforms GIC'sThis is complete rubbish! The average GIC over the same period was far less than the 4.88% annualized return of ENB (on average less than half). ENB currently pays a 7.7% dividend. The best GIC is not even close. Also consider that dividends in Canada are treated very favorably form a tax perspective, not true of interest as in the case of GIC. Therefore the net return to a taxpayer is far greater holding ENB than any GIC. Comparing past returns to current GICs is very poor research indeed.

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