The Globe and Mail reports in its Tuesday, Nov. 28, edition that income investors who do not own at least one pipeline stock are missing out on a great source of cash flow. The Globe's regular guest columnist Gordon Pape writes that if you already own Enbridge shares, you should keep them. Mr. Pape says, however, if you are making new purchases he recommends buying TC Energy or Pembina Pipeline. Enbridge shares were hit hard in September after the company announced it will purchase three U.S. gas distribution utilities. They touched a 52-week low of $42.75 in October but have recovered slightly since. Enbridge reported a drop in third quarter earnings. Results for the first nine months of 2023 were in line with expectations, and Enbridge says it anticipates that its businesses will continue to experience strong capacity utilization and operating performance through the balance of the year, with normal course seasonality. Mr. Pape says Enbridge's price-to-earnings ratio of 31.05 is high for a utility. The Globe reported on Nov. 7 that RBC analyst Robert Kwan had reaffirmed his "outperform" recommendation for Enbridge. The shares could then be had for $46.31, which is nine cents ahead of Tuesday's close.