Enbridge: Set For EBITDA Growth Acceleration (Archive)
Policy shifts and Alberta’s deal position Enbridge for stronger, volume-driven EBITDA growth.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- Leadership changes in the US and Canada can help boost volume-led growth as the O&G sector gets more encouraged to increase production.
- Enbridge's deal with Alberta's government to double O&G production can accelerate Enbridge's Liquid Pipelines EBITDA growth.
- January winter seasonality is good for ENB as this month tops on both win rate and average return metrics.
- ENB is trading at a lower than usual premium vs the sector, making the buys acceptable given the bullish fundamental context.
- Relative technicals show increasing bullish strength vs. the S&P500, poising ENB to outperform.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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