Enbridge, Inc. (USA) (NYSE:ENB)

CAPS Rating: 4 out of 5

The Company's primary business activities are transportation & distribution of crude oil & natural gas. It conducts the business through five segments: Liquids Pipelines, Gas Pipelines, Sponsored Investments, Gas Distribution & Services & International.

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Player Avatar rlloydevans (< 20) Submitted: 3/16/2009 1:14:05 AM : Underperform Start Price: $13.17 ENB Score: -124.71

Company is carrying a massive amount of debt, incredibly dangerous in this economic environment

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Member Avatar Toburk (92.10) Submitted: 3/16/2009 7:22:52 PM
Recs: 0

Enbridge's debt is currently yeilding even less than that of the Canadian banks. The markets know these guys are not going to fail.That said, my outperform is based on the S&P heading south after this rally. Enbridge has ben fairly resistant to the pullbacks.

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