Enbridge: The Bullish Case Remains Intact
Enbridge(ENB) seekingalpha.com·2024-05-27 03:52
In the past, when I have written about companies in this market, I have often said that revenue and net profits are not terribly significant when it comes to evaluating these firms. It all boils down to how they generate revenue and where their profits actually derive from. A lot of the activity that these companies engage in involves the transportation of oil, natural gas, and other resources. They capture the true value from the spread between the price at which these products come into their network and ...