Reviewing Enbridge's Domination Over Both Pipelines And Utilities

  • Enbridge boasts a massive, irreplaceable pipeline network, creating a near-monopoly and a significant moat in North American energy infrastructure. Despite a premium valuation, Enbridge's stable, inflation-protected cash flows and strategic utility acquisitions justify a bullish outlook. Growth catalysts include LNG demand, data center expansion, and $23B in upcoming projects, supporting long-term earnings and dividend stability.