Enbridge Inc T.ENB

Good buying opportunity

[equityresearch]

“Enbridge is one of the most reliable investments for investors with a long-term mindset. Its diversified revenues and highly predictable utility-like cash flow position it well to consistently deliver strong shareholders’ returns. Further, its robust secured capital program will likely drive strong growth in the coming years. Looking ahead, Enbridge plans to optimize its asset returns through revenue inflators and productivity enhancements. Moreover, strategic acquisitions will boost its growth rate. Enbridge remains on track to bolster its shareholders’ returns through share repurchases and dividend payments. Further, it expects to generate $5-6 billion annually in the investable capacity to support long-term growth and drive cash flows. It has grown dividends for 27 consecutive years and is yielding over 7%.” - MF

[Quintessential1]

I agree with the comments and suspect it comes from some kind of publication or anlyst reccomendation but without a link or a reference I have no idea who wrote this.  Who is MF?  Your dad? Anyway like I said I agree with the comments.  There is only so long a business this size can acquire growth, given anti-trust and competition laws within the industry and there is only so much

[silkos]

ER: Thanks for sharing but personally whenever I see (another) MF piece (The Motley Fool for Q) pumping ENB makes me wonder if something is not actually wrong with ENB. MF has been pumping ENB since ... feels like forever. I think the big question is if even with a new L5 in the ground (years aways) do you think ENB will receive more love from investors? There will be increased competition to the

[Marner16]

Thumbs up Silkos as everything you wrote is true.  I agree that there are better buy opportunities than ENB in the O&E industry now.  Pipeline investments simply can't compete when times are good for oil. One thing that keeps me in ENB is the opportunity to trade around the ex-divdend date each quarter.  If I'm not mistaken, you have been using the same strategy. 

[Bubba359]

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[Defiance2050]

The only thing that scares me about producers is the link to oil prices, the spread between Alberta to WTI prices and OPEC + Russia vs Bidens demand for lower prices. Demand is not the big factor but supply. There is the possibility of ramping up production and allowing Iran back into the market. I could see a 20$ barrel or a 200$ barrel being possibilities in the right circumstance. Biden could

[FiddyFiddyOddz]

DEFIANCE - You're bang on about the lack of single day events helping the share price.  Even when there is a catalyst large enough to actually budge this heifer, it generally gives back those gains and then some in the following days, the latest earnings being a shining example of this.  Great earnings brought on a 3'ish percent gain in share price, followed in the weeks to come

[Defiance2050]

Just horrible current sentiment that will hopefully dissappear. Midstreamers have atleast recovered from the 2020 bottom to a mid point of a multi year range. On the other hand renewables are also at a 52 week low.  Analysts are a great tool to figure out what the masses are rushing into and see historical financials. Keep in mind they are sell side and there are maybe 1% total as sell with