Enbridge: A Misconception Surrounding OPEC+ Oil Production Cuts

Valuation Grade and Underlying Metrics ENB Valuation Grad Seeking Alpha Second, ENB's insensitivity to commodity prices could be a double-edged sword, too. As mentioned before, the positives brought about by such insensitivity include low beta, low correlation to the overall market, and also stable dividends. As an example, since the publication of my last article, ENB's price appreciated by more than 5% while the S&P 500 went down by about 1%. On the other side of the coin, ENB would not enjoy too much ups ...