Enbridge Inc T.ENB.PR.G

10 year performance for ENB

[ecolo101]

Equals to minus 24%
10 years performance for big Canadian bank 40-44%.
both give dividends
so bagholders here are definitely losing their shirts.
you need to know when to get in and appropriate time to get out.
 

Dyodd
glta

[Marty47]

Y'a agree I bought back , it was 38$ from the Enbridge fund can't remember and got more at 44$ , nice for the yield , my exit goal is 55$ , maybe this year 

[corvette67]

This should help. Nat gas jumped today to 3.03, up 4+ per cent. GLTA

[Obscure1]

Does a higher price for natgas help ENB in any way?   I know that when the price of oil fell off a cliff in 2020, the price drop had a negative effect on ENB but I assume that was due to reduced volumes.  One of the reasons that I trust ENB is that commodity prices are pretty much irrelevent to the performance of the company other than at the extreme.

[wannabebuffet]

ENB is just a toll road like the 407. What goes through the pipe doesn't matter. If prices are good producer balance sheets are better which is good for everyone but really don't matter much to ENB.

[Albatross]

Even better, for most pipeline contracts users pay for it whether or not they even use it as frequently as much as their contract allows... it's a very secure income stream. Long low oil and gas prices will affect either a producers ability to pay for the pipeline transportation or affect how much they produce. Lower production eventually leads to lower pipeline flows and companies reducing