|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||50.71 - 50.71|
|52-week range||50.71 - 50.71|
|Beta (5Y monthly)||0.94|
|PE ratio (TTM)||16.23|
|Earnings date||10 Feb 2022 - 14 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their crude. Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAn Arab City’s Booming Art Scene Is Also a Grab at Soft Power“Mainline contracting would likely reduce the access to pipeline capacity realistically available to
Enbridge's (ENB) Westcoast pipeline is currently transporting 1.63 bcf/d of natural gas, which is above 100% of the total contracted volume transported last year at this time.
In the long run, clean energy will replace carbon fuels. But there's a ways to go before that happens, and you can play both sides of this transition.