It is a great buy at this price. Just because the price of crude oil has come down, we will all still need to heat our houses next year and the fuel will get to us through their pipelines. Tremendous yield. It has debt, obviously, but he would not hesitate to buy it. In 2008/9 TRP-T was one of his biggest holdings and it took 15 months for the price to recover.
Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.
Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.
Payout ratio is 70% and stable. Dividend is 7.6%. Way cheaper than TRP. Fixed the balance sheet. Pretty attractive here. Start building some positions. Decent growth rate if Lines 3 and 5 come on.
Payout ratio is 70% and stable. Dividend is 7.6%. Way cheaper than TRP. Fixed the balance sheet. Pretty attractive here. Start building some positions. Decent growth rate if Lines 3 and 5 come on.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 73
Neutral - Hold Signals / Votes : 20
Bearish - Sell Signals / Votes : 9
Total Signals / Votes : 102
Enbridge is a Canadian stock, trading under the symbol ENB-T on the Toronto Stock Exchange (ENB-CT). It is usually referred to as TSX:ENB or ENB-T
In the last year, 102 stock analysts published opinions about ENB-T. 73 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Enbridge.
Enbridge was recommended as a Top Pick by David Baskin on 2020-03-23. Read the latest stock experts ratings for Enbridge.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
102 stock analysts on Stockchase covered Enbridge In the last year. It is a trending stock that is worth watching.
On 2020-03-31, Enbridge (ENB-T) stock closed at a price of $40.98.
It is a great buy at this price. Just because the price of crude oil has come down, we will all still need to heat our houses next year and the fuel will get to us through their pipelines. Tremendous yield. It has debt, obviously, but he would not hesitate to buy it. In 2008/9 TRP-T was one of his biggest holdings and it took 15 months for the price to recover.