Enbridge Inc T.ENB.PR.Y

Teal Linde - BNN - WEAK BUY

[Possibleidiot01]

WEAK BUY

Enbridge(ENB-T)

04/11/2024

 

They guide 4-6% EPS growth from 2023-26, and 3% distributed cash flow, then 5% growth rate across the board after 2026. It's modest growth near-term, but they benefit from falling rates. Their PE is above 19x.  Natural gas pipelines offer more growth.

oil / gas pipelines

 

N/A

Unknown if he owns

[YupnDump]

TRUMP will want to discontinue line 3 through Republican held state of Minnisota..sell ENB before it takes a dive south.

[Ocalaman]

I disagree and am pleased that the democratic governor will not have carte blache power with federal agencies making the decisions on line 3. 

[wannabebuffet]

States can have input but not decision making on pipelines that are part of national priorites and international agreements. When the farmers in Michigan cannot get propane to heat their barns and the animals start to die maybe the local politicians will get some sense of what life is all about.

[Ocalaman]

Agree wannabe with you, I was referring to the Gov close ties with Harris and if she won would have a friendlier audience , Trump won't  be so amenable. If she was such a friend of nature she would want a pipeline encased in a tunnel many feet below the waterline in impermeable granite. But politics and being right always trumps common sense. 

[Marty47]

Well well another analyst who didn't factor a trump win .... I always doesn't pay attention to analysts , since trump win Enbridge pop , I wanted to sell at 60$ but hey I did predict 60$ by year end but now drill baby drill will become move baby move more oil and gas , Enbridge bought some good stuff in the USA this June 2025 we may be at 70$