Post by
Quintessential1 on Aug 04, 2023 8:29am
Steady Eddie Enbridge Delivers On Earnings
It looks like they met consensus with $.68 EPS. Nothing fancy but no surprises either.
They have plenty of self funded capital projects in the works and in the pipe (so to speak) without having to do any fancy corporate two steps.
Their stratagey of using their excess FCF to fund renewable projects and decarbonize their own footprint while adding value seems to be well accepted and inline with their business, providing energy.
It has a safe reliable high yield dividend that adjusts for the cost of living year after year and thats more than most investment income strategies can say including GICs even at these rates.
Go Enbridge! ;-)
Comment by
jmurraykli on Aug 04, 2023 8:35am
This post has been removed in accordance with Community Policy