No price changes also usually implies no hidden commodity price risk in a company, which is attractive to both a lender and a private equity investor. (inc.com)
Investments in MLP interests are subject to the risks generally applicable to companies in the energy and natural resources sectors, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. (morganstanley.com)
The other reason is Enbridge's utility - like shareholder value proposition, which is premised on building and operating major capital projects that crank out stable cash flows with minimal commodity price risk based on fixed - term contracts with creditworthy customers. (corporateknights.com)