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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 | 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

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 NextTrendSearchon Jul 24, 2024 7:31pm
558 Views
Post# 36147118

RE:RE:RE:RE:RE:RE:Barry Schwartz - BNN - WEAK BUY

RE:RE:RE:RE:RE:RE:Barry Schwartz - BNN - WEAK BUYEnbridge and others carrying significant debt should be rising based solely on interest rate cuts alone. If by the end of the year there are two more 25 point basis point cuts, that will make a 20% reduction on interest they would have paid which goes directly to the bottom line. More free cash flow for a company like this normally means increased dividends. I would not be surprised to see a mid year dividend increase or even a potential special dividend. Interest rates dropping from 5 percent to now 4.5 and potentially 4 or lower by year's end will have a significant impact.

Glta
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