Q: Hello Team,
Could you rank these three pipelines for total return over the next couple of years. and why?
Thank You,
Barry
Could you rank these three pipelines for total return over the next couple of years. and why?
Thank You,
Barry
5i Research Answer:
We would rank: ENB, TRP, SOBO.
We would be fine with any, but ENB has a clearer defined path we think for revenue and dividend growth. TRP has had some big cost overruns, and SOBO's much smaller size and higher dividend may leave less room for growth and new big projects.