Enbridge Inc
ENB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lDB | LOCK|%SnrT | LOCK|%&V>#<v |
Enbridge Earnings: Results in Line With Expectations; Line 5 Replacement Sanctioned
Enbridge announced the sanctioning of the Line 5 replacement, the critical artery for crude and refined products into Michigan and eastern Canada, which has been under legal threat. It also announced the Bay Runner Twin and an option to buy the TTC Connector pipeline to serve liquefied natural gas.
