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Enbridge Inc T.ENB.PR.G


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.F | 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.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 Albatrosson Jun 14, 2024 11:53pm
536 Views
Post# 36090290

RE:RE:RE:RE:RE:10 year performance for ENB

RE:RE:RE:RE:RE:10 year performance for ENB

Even better, for most pipeline contracts users pay for it whether or not they even use it as frequently as much as their contract allows... it's a very secure income stream. Long low oil and gas prices will affect either a producers ability to pay for the pipeline transportation or affect how much they produce. Lower production eventually leads to lower pipeline flows and companies reducing their contracts with the pipelines. Both of which will have a negative impact on a pipeline company such as Enbridge.


My main concern would be the frac basins in the US drying up... Alberta heavy oil has a long run, so I wouldn't be concerned about the mainline, there's billions of barrels left to extract... 

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