Review of Enbridge Inc.

SEP 24, 2024 - ENB operates as a natural gas utility provider and distributor, the company’s main business is to deliver clean, natural gas utility to a broad base of customers in a reliable, socially responsible manner. ENB’s business model delivers predictable cash flows and a growing stream of dividends year after year through capital investment and operational efficiency. We like the story here and would be open to upgrading the stock in the near term, however, to be conservative we are maintaining our rating at “B+” in this update.

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Q: Re: DRIPS; for a well balanced retirement account what are your favorites DRIPs ? What about for a young persons TFSA that may not be touched for a long time ?
Thank you.

Read Answer Asked by Paul on June 04, 2025

Q: Hi Team,
Looking at Pembina's recent weakness, is it fair to say that currently it would be a better "buy" today compared to Enb which is riding near highs in terms of potential long term growth? When I look at valuation I am seeing a P/E of 16.85 for PPL and 23.25 for ENB. Also, I am wondering if PPl valuation stays low, if it will be a takeout candidate for ENB some day? Market cap of PPl is only 30 billion compared to 137B for ENB. PPL has some valuable assets, including LNG plant currently under construction. Dividends are fairly similar with enb slightly higher at the moment. Thoughts?

Shane.

Read Answer Asked by Shane on June 02, 2025

Q: What are your top suggestions for the best positioned Canadian and US dividend paying stocks where dividend is safe and where the stocks have some potential for growth? Thank you.

Read Answer Asked by Luc on May 26, 2025