If you are wondering whether Enbridge shares still offer value at current levels, this article will walk through what the numbers actually say about the price you see on screen.
Enbridge last closed at C$66.47, with returns of 0.6% over the past week, 1.2% over the past month, 0.6% year to date and 12.1% over the past year, while the 3 year and 5 year returns sit at 49.1% and 105.7% respectively.
Recent coverage of Enbridge has focused on its role as a major North American energy infrastructure company and on how investors are thinking about long term demand for its pipeline and related assets. This backdrop helps frame why some shareholders are closely watching the share price and how the market is weighing income potential against…
