Stockchase InsightsEnbridgeENB.TOBUYFeb 08, 2023

Pays a 4.5% dividend that will grow. They have the largest crude oil pipeline network in North America. They own nat gas operations in the U.S. They have a backlog that can grow their cash flow by 5%. Will benefit from Ottawa's infrastructure growth in western Canada.

Yield is a bit lower than some of the others. Results were largely in line, market reaction may just be due to whipsawing from Iran war. As well, not immediately proceeding with an expansion. Still a very good name, though he owns PPL for its size and growth.

Any of Canada's 4 major pipelines are good investments for the long term.

Started buying this in 2019 and added during dips. Is steady and pays a decent dividend, but is not that cheap nor expensive. Not a bargain, but a good place to park cash at a 4.5% dividend with modest growth.

He doesn't own any of the pure-play oil producers right now (though he does own TOU). The reason is the volatility we're seeing. 

His team plays energy these days by owning ENB, and some of the smaller midstream companies like PPL and GEI. He likes their stability. 

Pipelines are not quite as good as utilities for safety, because they're perceived as being commodity-sensitive (even though they're really not). This name will give you a good dividend and safety. You'll get your dividend, and the safety means you can sleep at night (and that's worth something). You can get diversification via funds and ETFs.

Pipeline companies benefit from oil volumes and reflect long-term oil prices. ENB will benefit from higher prices in its contracts and higher volumes over time. ENB is a solid name, pays a good yield and trades at an okay PE.

Pays a 5% dividend. They make money as long as fossil fuels are flowing.

Likes it, great business. Performing really well. Incredibly strong management. Only negative is that, in general, securities with higher dividends and lower growth are not leading this market. 

Risk/reward is good. Energy sector is relatively early on in a longer-term bull phase. Some inflation protection. Yield is 5%.

Lots of energy demand out there. They continue to grow and execute. Trades at 22-26x PE, a little high, but they are consistent in earnings and cash flow. It's defensive but has spurts of growth. Energy is fine, but prefers utilities.

Has been an income stock for her for many years. Is the biggest pipeline company in the world while their renewable business is growing. Wars are pushing governments to secure energy supplies. They serve 75% of refineries in the US Gulf Coast. Canada wants to build more energy infrastructure. Both are tailwinds. But we need to see higher production growth from energy products and Indigenous support for new pipelines. Pays a 5.3% dividend that keeps growing. 

He's a buyer over time, wouldn't rush in today. Doesn't benefit directly from energy  exposure, more of an energy proxy. Too late for a tactical buy right now. Price has gone up on oil, but nothing with the company has really changed.

Are similar in terms of RSI. They trend in the same direction on the charts, with TC performing a little better recently. Sees little difference between the two.

They move 30% of the crude oil produced in North America and nearly 20% of natural gas consumed by the US. They benefit from the current LNG boom through their LNG terminal in BC which will enter service in 2027. He likes it for being a pipeline operator with a fine 5.3% dividend.

Given that we're relatively early-stage in a Canadian O&G bull market, he'd lean toward energy infrastructure. Don't have to look much further than this name.

Exceedingly disciplined at making investments. Beneficiary of the capital spending cycle in energy. Yield is 5%, growing at low single digits every year.

Pays over a 5% dividend, which they raised 3% last December. She owns pipelines in the energy space. Cash flows are visible. They can grow EBITDA around 5% through 2030. Has a strong backlog of orders.