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Bullboard - Stock Discussion Forum 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... see more

TSX:ENB - Post Discussion

Enbridge Inc > US pipeline stock are not tanking
View:
Post by prabhatmalik on Dec 09, 2021 1:41pm

US pipeline stock are not tanking

as much canadian pipelines. Why, is it esy to short Canadian stocks?
Comment by zoltan07 on Dec 09, 2021 3:04pm
BOC had there meetingy yesterday..  On the Canadian economy and interest rates.. Don't think their track record on predicting when interest rates will be going up is that great the same could be said with the fed also ...  With this thing called inflation running high ..and covid is still Lurking around  
Comment by Quintessential1 on Dec 09, 2021 4:19pm
US pipelines look down as much if not more than Canadian pipelines.  Which ones are you looking at? I heard Canadian stocks are easier to short because the OSC allows naked shorts and the SEC does not.
Comment by prabhatmalik on Dec 09, 2021 4:52pm
EPD, ET, OKE
Comment by Quintessential1 on Dec 09, 2021 6:23pm
EPD is down 15% for the last 6 months. I am guessing it can't tank anymore. ET down 22% for the last 6 months.  Same as above OKE is down today 1.04% today and ENB is down 1.25%   Not that big a difference.  KMI is down 1.42% today and over 15% for the last 6 months
Comment by prabhatmalik on Dec 09, 2021 7:18pm
Why are they tanking! Is it seasonal rotation or because interest are going up? I guess that banks are a good buy in this environment. please comment. Thanks
Comment by Quintessential1 on Dec 09, 2021 9:39pm
Well IMO this isn't tanking.  What they did in March 2020 was tanking.  This is a dip. As for why its part seasonal as they do this every year at this time with tax loss selling and profit taking for year end but the omicron covid fears this year are making it a lot worse. Banks are pretty high priced right now but they do pay a reliable dividend just not as high a yield as ...more  
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