Bullboard - Stock Discussion Forum Enbridge Inc T.ENB.PR.N

Primary Symbol: T.ENB Alternate Symbol(s): T.ENB.PF.G | T.ENB.PR.J | ENBMF | T.ENB.PF.K | ENBNF | T.ENB.PF.U | T.ENB.PR.P | EBRGF | ENBOF | T.ENB.PF.V | T.ENB.PR.T | T.ENB.PR.A | T.ENB.PR.V | EBRZF | ENBRF | T.ENB.PR.B | T.ENB.PR.Y | ENB | T.ENB.PR.D | T.ENB.PR.Z | T.ENB.PR.F | EBBGF | ENBFF | T.ENB.PF.A | EBGEF | T.ENB.PR.G | EBBNF | ENBGF | T.ENB.PF.C | T.ENB.PR.H | ENNPF | ENBHF | T.ENB.PF.E | T.ENB.PR.I

Energy Oil & Gas Midstream

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

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TSX:ENB - Post Discussion

Enbridge Inc > Lorne Steinberg - BNN comment - Don't Buy

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Post by Possibleidiot01 on Sep 06, 2023 3:20pm

Lorne Steinberg - BNN comment - Don't Buy

The common reaction to the news

DON'T BUY

Stock down, issuing new shares and adding to debt load.

Always a concern when companies crank up the debt, and using debt to continue to pay dividends. Does have cashflow, but it's leveraged and more so than peers. He'd be happier if it reduced debt. Yield is 7.8%, don't be seduced.

oil / gas pipelines

N/A

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Comment by Citizen13 on Sep 06, 2023 3:30pm

Does Lorne Steinberg like anything ? Another shyster whose sctick is being a dr doom . I wouldnt even mention this guy in any serious conversation . BNN laps this guys BS drivel up constantly. A monkey throwing a dart at a board has more accurate predictions than this clown.

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Enbridge Inc