
TSE:ENB
This summary was created by AI, based on 38 opinions in the last 12 months.
Enbridge (ENB) is viewed positively among experts, recognized for its stability and consistent dividend payments, currently around 5%. Many analysts appreciate the company's strong management and disciplined financial practices, highlighting its potential for modest EBITDA growth of approximately 5% yearly. Despite being a blue-chip company with a significant pipeline infrastructure, there are concerns regarding its capital intensity and relatively high debt levels. The stock's performance can be affected by market conditions, particularly fluctuations in long bond yields and oil prices, which may pose challenges for valuation. Overall, while some experts express caution about the potential for price declines, ENB remains a solid choice for those prioritizing income over growth in their investment strategy.
The Federal government is anti-pipeline? He looks at either TRP-T and ENB-T for this space. He prefers the valuation of ENB-T at this time. He likes how TRP-T is re-inventing itself however. There is a big question mark around whether Keystone pipeline will actually get built. Any hint of failing to go forward could negatively impact the TRP-T share price.
He likes both companies. There was always a concern about ENB-T being able to finance their projects but they keep proving they can. He believes they will continue to perform fairly well. They are an attractive yield play.
It has a good income. They had a few stumbles and now people seem to prefer TRP-T, but he would be a buyer of ENB-T here.