Enbridge (ENB.TO)

Her energy exposure tends to be larger-cap such as CNQ and ENB.

A longtime favourite of his. Pays a 5.6% dividend yield. Pipeline companies aren't tied to the oil price, but oil volumes, and Washington wants more drilling. Government regulation isn't a big worry here. Is up 13% this year. Offers a lot of downside protection. Offers strong long-term growth, because data centres needs energy. ENB is in the beginnings of a major pipeline expansion to move oil from Canada to the Gulf of Mexico.

Both look kind of interesting. ENB came down and tested the 200-day MA at the end of October. In a series of higher highs and higher lows. Really great capital allocator. Has opportunities to grow with changes in political views on pipelines.

PPL also looks good. But if he had to choose one for a main portfolio holding, it would be ENB.

High quality. Can be lots of volatility in O&G sector. Value: 8/10, still sees upside of ~6%. Underperforming the market, but so has the whole energy sector. Will continue to do well with its liquids pipelines, storage and distribution, as well as renewable power. 95% of FCF is backed by long-term contracts. Decent dividend of ~5.7%.

All of its businesses are stable and well regulated. No quarrel with owning this one. He owns TRP instead. ENB has more oil exposure, whereas TRP spun off its oil pipes as SOBO. ENB is a close second to TRP. Pullback is good chance to accumulate.

He's been selling down his stake. Price has come up, so yield's gone down. You can hold it for the dividend, which increases 3-4% a year. Good exposure to pipelines, but also power and utilities in the US. Diversified, well run.

If you want more than 8-10% return, better opportunities out there.

He's been cautious on the pipes. The pipeline ETF in the US is hitting RSI new lows for the year, as are a lot of the pipes in Canada (including the best-performing one, ENB). Price chart looks fine, relative strength is weak. Fine for the yield.

People looking at long-life, more-utility-type assets are focusing more on electrical power generation. In that camp, you might look at CPX.

Likes and owns both. If she had to buy one today, it would be PPL. ENB has already seen growth. PPL lagged for a lot of this year, flat to negative, up until last week with Alberta data centre announcement. Pembina has a strong management and track record.

Technical analysts love to give fancy names to chart patterns ;)  The 5-year for this name is showing a cup and handle -- with that rounded bottom, perhaps a little pullback, and then a breakout and consolidation. Also a nice swing trade. Now testing the breakout point, and successfully so. Looks good.

You should take note of the litigation issue and remember that the news and media can move a stock. However she doesn't see anything being detrimental over the longer term. The natural gas side is picking up although the oil side is under a bit of pressure. She thinks Enbridge can adapt. The dividend is over 6%.

ENB has done well, and offers a solid secure dividend. We would remain quite comfortable buying it in the low $64 range. 
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Banks look to be extended, but pipelines seem to be reaccelerating (TRP, ENB). Given his view about a potential correction coming soon, doesn't mind rotating a bit out of BMO and putting some into ENB. Likes the breakout, and thinks it's more defensive-related, not energy-related.

If you look at the Commitment of Traders data (published every Friday), commercial hedgers (considered the "smart money") have been hedging crude oil less (which means they've been going longer). Something interesting is happening there.

The kind of stock everyone can own. Dollar-cost average in, and hold long term. Consistent, reliable, pseudo-utility though it falls under energy. Not high growth or a high ROC, as it's very capital intensive. Dividend chart and payout ratio look fantastic.

Stable dividend, 30 years of consecutive dividend growth. Solid revenue pipeline, which is regulated. Earnings growth in mid-single range. Pretty healthy outlook for the stock. Price of oil has somewhat stabilized. Yield is 6%.

If you don't need the income right now, sign up for the DRIP.

The thing about this one is that the call premiums can often be weighed down by dividends. So if you're going to sell calls on something with a higher dividend, and it's a lower-volatility name, you can expect the option premium to be small. Not something he'd do, as it has a pretty good yield already of 6-7%.