Enbridge Inc T.ENB

Alternate Symbol(s): 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 | T.ENB.PR.F | EBBNF | ENBFF

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 > Barry Schwartz - BNN - WEAK BUY

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Post by Possibleidiot01on Jul 22, 2024 5:39pm

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Post# 36143361

Barry Schwartz - BNN - WEAK BUY

Enbridge(ENB-T)

22/07/2024

Good environment with falling interest rates?

His clients looking for income own shares in PPL and KEY. Doesn't love buying a company just for the yield. He wants to dig deep and figure out the fundamentals, growth prospects, balance sheet status, and payout ratio. Those are things you need to be very careful of when you're buying companies just for income.

If rates continue to fall, ENB is undervalued. And, yes, it could go up to $60-70. But he wants to own companies where he can get double-digit earnings growth over a 5-year period, and a chance to doube his money. He doesn't see that with ENB.

But if you're OK getting a nice yield without the volatility of a growth name, then this is a perfect fit for your portfolio.

oil / gas pipelines

$50.600