COMMENT
Enbridge Inc

This company is a very large part of the preferred share market in Canada, roughly about 10% of the market. Enbridge Inc has done a “drop down” procedure that a lot of energy companies are doing right now. They took about $17 billion in assets and dropped them down to their subsidiary income fund. This caught investors and credit rating agencies by surprise. The assets don’t go away. Right now there seems to be a little bit of risk as to whether they will continue this procedure, but he thinks they are fine and the company is going to recover.

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Enbridge Inc(ENB.PR.Y-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Enbridge Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Enbridge Inc(ENB.PR.Y-T) Frequently Asked Questions

What is Enbridge Inc stock symbol?

Enbridge Inc is a OTC stock, trading under the symbol ENB.PR.Y-T on the (). It is usually referred to as or ENB.PR.Y-T

Is Enbridge Inc a buy or a sell?

In the last year, there was no coverage of Enbridge Inc published on Stockchase.

Is Enbridge Inc a good investment or a top pick?

Enbridge Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Enbridge Inc.

Why is Enbridge Inc stock dropping?

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.

Is Enbridge Inc worth watching?

In the last year, there was no coverage of Enbridge Inc published on Stockchase.

What is Enbridge Inc stock price?

On , Enbridge Inc (ENB.PR.Y-T) stock closed at a price of $.