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Enbridge Inc. (ENB): A Bull Case Theory 

We came across a bullish thesis on Enbridge Inc. on Beat the TSX (BTSX-20)’s Substack by Beat the TSX-27 Strategy. In this article, we will summarize the bulls’ thesis on ENB. Enbridge Inc.'s share was trading at $49.72 as of September 29th. ENB’s trailing and forward P/E were 24.27 and 21.69 respectively according to Yahoo Finance.

Enbridge Inc. (ENB) delivered a solid Q2 2025, reporting record EBITDA of $4.64 billion, up 7% from Q2 2024, while distributable cash flow remained stable at $2.9 billion year over year. Management reaffirmed 2025 guidance at the top end of the $20...