What Does Enbridge (ENB.TO) Do?
Enbridge Inc. runs as an energy facilities business in Canada and the United States. The business runs in 5 sectors: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution, Green Power and Transmission, and Energy Services. The Liquids Pipelines sector runs typical carrier and agreement petroleum, gas liquids (NGL), and refined products terminals & pipelines. The Gas Transmission and Midstream sector owns interests in gas pipelines, and event and processing centers. The Gas Distribution sector is associated with gas energy operations serving property, industrial, and commercial clients in Ontario, along with in Quebec and New Brunswick. The Green Power and Transmission section runs renewable resource properties, such as wind, solar, geothermal, and waste heat healing centers; and transmission centers in the provinces of Alberta, Ontario, and Quebec, Canada; and in Colorado, Texas, Indiana, and West Virginia, the United States. The Energy Services sector offers energy supply and marketing services to refiners, manufacturers, and other clients; petroleum and NGL marketing services; physical barrel marketing services; gas marketing services; and gas supply, transport, balancing, and storage services for 3rd parties. The business was previously called IPL Energy Inc. and altered its name to Enbridge Inc. in October 1998. Enbridge Inc. was established in 1949 and is headquartered in Calgary, Canada.
Enbridge Stock Analysis
If you are interested in adding ENB to your stock portfolio check out my analysis of Enbridge stock.