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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 > ENB
View:
Post by KISMET1944 on Sep 28, 2023 2:05pm

ENB

As a REAL investor in ENB, I find it disturbing that as the price of oil has been going up, the share price of ENB has gone south. What is the incentive for investing, or should we just hand over our money for free?
GLTA
Comment by FiddyFiddyShot on Sep 29, 2023 8:52am
This post has been removed in accordance with Community Policy
Comment by KISMET1944 on Sep 29, 2023 4:27pm
You are a genius! Could not have said it better, and that is a fact. When the last CEO exited, I should have exited as well.
Comment by Quintessential1 on Sep 29, 2023 10:23am
Enbridge moves and stores oil and does not produce or sell it so it sees very little upside to oil price increases.  The oil price generally reflects the oil demand which is a sign of how much oil will be transported and how much pipes can expect to earn but the price is actually being manipulated up and down by supply constraints while demand is staying relatively steady so earnings from ...more  
Comment by KISMET1944 on Sep 29, 2023 5:00pm
Thank you for posting your comment. I know and understand the business ENB operates and I did not state that ENB is a oil producer. What I meant to say is that if the demand for oil and gas is accelerated than it travels from point A to the customer and with storage facilities (oil and gas) and an enormous amount of pipelines, than the company should make money, don’t you agree?  Share price ...more  
Comment by Quintessential1 on Sep 29, 2023 9:15pm
You're welcome.  You seem to have a very good grasp of everything going on and understand the ENB business and the economic times we are in about as well as you possibly could .  In fact, I can't understand why a "REAL INVESTOR" like yourself is having any kind of an issue with your investments at all and I am sure I couldn't offer up any information that you don ...more  
Comment by KISMET1944 on Sep 30, 2023 3:51pm
Ha-ha, To keep the record straight, I was trying to exchange thoughts with an open-minded poster, to possibly delineate certain situations and I was not fishing for attitude. Put it in your pocket and keep it! It was fun while it lasted.  GLTA
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