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

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

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 > FWIW - Williams Companies says "Return rate too low" ...

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Post by Indicator on Sep 06, 2023 1:11pm

FWIW - Williams Companies says "Return rate too low" ...

U.S. energy firm Williams Companies is not interested in three utilities recently bought by Canada's pipeline operator Enbridge as the return rate would be too low, Chief Executive Alan Armstrong said on Wednesday.

Enbridge said this week it will buy East Ohio Gas, Questar Gas, and Public Service Co of North Carolina from Dominion Energy for $14 billion including debt, creating North America's largest natural gas provider and doubling its gas distribution business.

"When we look at our use of equity in a transaction like that ... that kind of lower return does not make much sense for us," Armstrong said at the Barclays CEO Energy-Power Conference in New York.

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