Enbridge Inc T.ENB.PR.F

Primary Symbol: 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.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | T.ENB.PR.P | ENBMF | 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

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 > ENB - Top Pick on BNN Market Call - Darren Sissons

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Comment by Possibleidiot01on Apr 30, 2024 5:07pm

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Post# 36015921

RE:ENB - Top Pick on BNN Market Call - Darren Sissons

TOP PICK

It provides 20% of the US' natural gas and has a huge market share here. Pays a 7.4% dividend. Collect that as you wait for rates to decline. His biggest holding.

(Analysts’ price target is $53.61)

oil / gas pipelines

$49.000

Owned

Enbridge (ENB TSX)

A mission-critical, North American, infrastructure energy backbone. It’s the dominant natural gas supplier in Canada and provides 20 per cent of the natural gas consumed in the U.S.
The overdue U.S. electrical grid expansion is likely supportive of North American natural gas and oil, which benefits Enbridge.
A defensive tolling business model, as 97 per cent of revenue is contracted on Take-or-Pay payment structures, which provides downside protection to the 7 – 9 per cent medium-term growth targets guided at the recent capital markets day.
An inexpensive valuation vis--vis historical metrics and a sustainable 7.50 per cent dividend yield.