👋 Hey everyone! Glad to be here and looking forward to learning from the Blossom community! I was recently looking through ENB (Enbridge), especially the cash vs. debt numbers, and honestly… the picture didn’t look great to me. 😅 Enbridge has around C$106.5B while cash was only around C$1.2B at year-end of 2025 But I keep seeing people saying ENB is a good buy. 🤔 What am I missing? Is the debt actually less concerning because of Enbridge’s strong operating cash flow, predictable infrastructure revenues, liquidity, and distributable cash flow? I’d genuinely love to hear how experienced ENB investors look at the cash, debt, DCF, and dividend together. Am I looking at the wrong numbers, or is there a bigger picture I’m missing?
336 views
2 Comments
Bill Johnston@billjohnston · 3d
I'm not great at reading business numbers but in layman's terms it's the largest natural gas utility in North America and 30% of North America's crude oil is moved by Enbridge. I think part of the company's debt is due to recent acquisitions. My wife has held $ENB for the past couple of years and did very well with the stock price appreciation and the dividends when she sold. I don't remember the percentages but she made a profit of $20,000 per year for each of the past two years. (Disclaimer: She held a LOT of shares)
See the full comment section 👀Sign up for the full Blossom experience!
