Enbridge Inc. - kandischer Energietransporteur (-versorger) (Seite 8)

[pickuru]

Barry Schwartz discusses Enbridge

https://www.bnnbloomberg.ca/video/barry-schwartz-discusses-e…

[faultcode]

Antwort auf Beitrag Nr.: 62.539.070 von faultcode am 31.01.20 00:07:10

3.2.
Minnesota regulator approves certificate of need for Enbridge Line 3 project
https://finance.yahoo.com/news/minnesota-regulator-approves-…
...
The Minnesota Public Utilities Commission on Monday approved a certificate of need for Enbridge Inc's Line 3 oil replacement project, moving the long-delayed replacement closer to reality.

The decision followed the regulator's decision earlier in the day that a revised environmental impact statement for the project was adequate. The commission was to consider issuing a route permit next.
...

[faultcode]

30.1.
Stalled $1 Billion Gas Pipe Gets Backing From Top U.S. Regulator
https://finance.yahoo.com/news/stalled-1-billion-gas-pipe-18…

...
A controversial $1 billion shale gas pipeline that’s been stalled by a dispute over whether it can seize state-owned land for construction won the backing of the nation’s top energy regulator.

PennEast had sought the support of the Federal Energy Regulatory Commission after a court decision prevented it from exercising eminent domain in New Jersey. Its developers -- which include Enbridge Inc. and Southern Co. -- argued the ruling overturned 80 years of industry practice.

On Thursday, the energy commission voted 2-1 in favor of PennEast’s petition, lending the project support as it prepares to take its case to the nation’s highest court.

“The commission’s order rejecting the court’s interpretation strengthens PennEast’s forthcoming petition to the Supreme Court,” Patricia Kornick, a spokeswoman for the project, said by email.

But the project’s viability “remains on life support,” Guggenheim Securities analyst Shahriar Pourreza said Thursday in a note to clients.

“Headwinds remain material to get a project through a state that appears to be anti natural gas due to Governor Murphy’s policies,” Pourreza said, referring to New Jersey Governor Phil Murphy.
...

[Rainolaus]

Charttechnisch interessant jetzt. Abwärtstrend gebrochen. Die 38USD auch inkl. Backtest gestern.
Öl sieht auch gut aus bis ~66USD.

[faultcode]

Minnesota court rules environmental assessment for Enbridge pipeline inadequate

3.6.
https://finance.yahoo.com/news/minnesota-court-rules-environ…

=>
...A Minnesota court ruled on Monday that Enbridge Inc's final environmental impact statement for its Line 3 replacement project is inadequate, raising the possibility the Canadian crude oil pipeline could face further delays.

The Line 3 replacement project would ship 760,000 barrels per day of Canadian crude from Alberta to Wisconsin, doubling current capacity and providing much-needed relief from congestion on existing Canadian pipelines.

It is the furthest advanced of three proposed pipeline expansions - along with the Canadian government-owned Trans Mountain and TC Energy Corp's Keystone XL - that would ease a glut of oil in Alberta. But all three projects have faced long delays due to regulatory, permitting and court obstacles.

In a decision posted online, the Minnesota Court of Appeals ruled that the Minnesota Public Utilities Commission, a state regulator that approved the Line 3 expansion last year, acted in a manner that was unsupported by "substantial evidence" when it determined the impact statement was adequate.

The impact statement specifically failed to address how an oil spill from the line would affect Lake Superior and its watershed, the court said...

[R-BgO]

Bilanz wird immer größer, Gewinn nicht

[freddy1989]

Antwort auf Beitrag Nr.: 58.429.188 von R-BgO am 12.08.18 12:56:04

Enbridge Inc (ENB)

The "Berkshire of Midstream"

Own North America's largest distribution system for energy resources (oil, NG, etc)

99% of cash flow is long-term contracts of 20-30 years. Contracts are with mostly utilities. They get paid no matter what happens and therefore, have no commodity sensitivity

BBB+ credit rating, strong balance sheet

Pay 6% dividend (grow by 10% each year) with a 65% payout ratio and aim to reduce to 55%

Have a 100% self-funded business model, so they are not sensitive to equity markets

Expect 14% annual total return

Quelle: https://seekingalpha.com/article/4195689-5-amazing-stocks-re…

[R-BgO]

Antwort auf Beitrag Nr.: 55.517.133 von R-BgO am 13.08.17 21:09:18

Dividende aktuell 5,6%,

kommt aber aus der Substanz und macht in Canada sowieso keinen Spaß

[R-BgO]

2016 war mal wieder ein ganz brauchbares Jahr

[R-BgO]

Enbridge, Spectra Energy agree merger

Enbridge and Spectra Energy on Tuesday entered into a merger agreement in a US$ 28 billion stock-for-stock transaction creating the largest energy infrastructure company in North America.

Boards of directors of both companies have unanimously approved the transaction which is expected to close in the first quarter of 2017, subject to shareholders and regulatory approvals, a joint statement reads.

Under the terms of the transaction, Spectra Energy shareholders will receive 0.984 shares of the combined company for each share of Spectra Energy common stock they own, valued at $40.33 per Spectra Energy share.

Upon completion of the transaction, Enbridge shareholders are expected to own approximately 57 percent of the combined company and Spectra Energy shareholders are expected to own approximately 43 percent of the joint company called Enbridge.

The joint company will be headquartered in Calgary with Al Monaco serving as the company’s president and CEO.

Enbridge operates crude oil and liquids transportation systems across Canada and the U.S. and is involved in natural gas gathering, transmission and midstream business, while Spectra Energy’s operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines, natural gas storage, crude oil storage as well as natural gas gathering, processing, and local distribution operations.

With the merger, Enbridge will take over Spectra Energy’s stake in the proposed Westcoast Connector Gas Transmission pipeline, planned to transport natural gas to the Prince Rupert LNG liquefaction and export facility on the southwest side of Ridley Island, near Prince Rupert.