ENB Enbridge Inc

$ENB doing some dip adding. At that level where it should bounce, otherwise there is more carnage to come. Good divvy for long term

Enbridge has launched a non-binding open season for its proposed West Texas Express natural gas pipeline, which would transport gas west from the Waha area of the Permian Basin to El Paso and surrounding markets. The project is expected to include more than 150 miles of new pipeline and initially provide transportation capacity of up to 2 billion cubic feet per day. Enbridge said the project is designed to address rising demand for natural gas from power plants, utilities, industrial customers and data centers across West Texas. It would also provide access to markets in New Mexico, Arizona and Mexico. The Permian is the largest U.S. oil-producing shale basin and the country’s second-largest gas-producing shale region, with associated gas output continuing to rise as oil production expands. According to U.S. Energy Information Administration data, the Permian’s gas-to-oil production ratio has increased to nearly 4,200 cubic feet per barrel. $ENB

$ENB I am thinking my 70.80 cad average, I paid too much. My full year dividends may give me break even if lucky. I am hoping it will come back over $70.

$ENB I think this turd is constipated for now. Hopefully it starts climbing, oil prices definitely rising until Trump remains in office.

$ENB Rising bond yields sending this down. Highly likely feds will raise rates to fight inflation. Need to see oil prices coning down.

$ENB why is this down when oil is at a record high ? Can someone give me the low down ? Most other oil pipeline companies are at record highs…

$ENB Canadian company buying American infrastructure during a trade war, but hey, at least we renamed the lake.

$ENB this is pretty much a dead company at this point no? They can't organically grow so for growth they need to buy their growth, yet they can't take on debt anymore because their financials are a mess from taking on massive debt already so they dilute like crazy. The problem is they are paying a massive dividend and are in a pickle where they always have to increase the massive dividend each year or investor confidence will crater and doing mass dilution becomes almost impossible. Anyone else watching this thinking this may be the beginning of the end for a once great company due to mismanagement.