ENB Forecast

Bullish Case: ENB’s solid dividend history, consistent earnings, and diversified portfolio in oil, gas, and renewables position it for stable long-term growth.

Bearish Case: High leverage, recent legal challenges, and market volatility impacting fossil fuel-dependent businesses cast significant uncertainties on ENB's near-term outlook.

Potential Outcomes: 70%: Stable with dividends, 20%: Price decline due to legal/environmental issues, 10%: Significant appreciation from successful renewable projects.

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June 06, 2024

Enbridge Forecast

ENB      Enbridge

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