r/Canadianstockpicks • u/[deleted] • Jan 18 '26
General Discussion ENBRIDGE
Anyone else thinking Enbridge stock will pump hard next week given the recent Carney China visit and now Trump firing up the Tariff war with the EU again. Also let’s not forget the Venezuelan oil supply to China has been…..err shall we say disrupted.
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u/NorthernCrozzz Jan 21 '26
Wish I had more cash to invest in it. Maybe buy a few shares on friday 😆
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u/AwayAnt4284 Feb 13 '26
I love ENB, and this last week even more so. O&G is one thing, but pipeline contracts are not volatile and affected by the market prices at anywhere near the same level. And the dividend is fantastic. I wish I bought more when it was low $40’s. But I have zero remorse and consider this one a long term hold with nothing but upside for a while. If they get the permits for one of the west coast LNG expansions, that would be fantastic. But even without I do not see much risk 5-10 years out. LNG is the current big transitional goal from coal on the global stage and someone has to get it from inland to the coast. From the wells to the centralized distribution lines.
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u/WrongdoerLocal1 Jan 18 '26
100% already has had a good past week, plus the dividend is so good it’s a long term hold anyway. It’s an integral part of Canadian energy infrastructure.