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Enbridge TSX:ENB Stock Report

Last Price

CA$59.82

Market Cap

CA$130.6b

7D

0.5%

1Y

28.8%

Updated

20 Nov, 2024

Data

Company Financials +

Enbridge Inc.

TSX:ENB Stock Report

Market Cap: CA$130.6b

ENB Stock Overview

Operates as an energy infrastructure company. More details

ENB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health0/6
Dividends3/6

Rewards

Trading at 12.3% below our estimate of its fair value

Earnings are forecast to grow 9.03% per year

Earnings grew by 106.4% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 6.12% is not well covered by earnings or free cash flows

Shareholders have been diluted in the past year


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Pipelines And Renewables Propel Earnings Amidst Regulatory Challenges

Key Takeaways Strategic acquisitions and projects in utilities, renewables, and gas lines are expected to drive stable long-term revenue and earnings growth. Enbridge's integration of acquired assets and focus on high-margin segments predicts robust EBITDA and dividend growth, aligning with their low-risk model.
View narrative
CA$58.69
FV
1.9% overvalued intrinsic discount
-2.96%
Revenue growth p.a.
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3users have followed this narrative
Updated narrative

Enbridge Inc. Competitors

TC Energy

TSX:TRP

CA$72.2b

Pembina Pipeline

TSX:PPL

CA$34.4b

Keyera

TSX:KEY

CA$10.3b

Gibson Energy

TSX:GEI

CA$3.8b

Price History & Performance

Summary of all time highs, changes and price drops for Enbridge
Historical stock prices
Current Share PriceCA$59.82
52 Week HighCA$60.78
52 Week LowCA$45.05
Beta0.91
11 Month Change4.07%
3 Month Change12.55%
1 Year Change28.81%
33 Year Change18.20%
5 Year Change18.55%
Change since IPO3,929.98%

Recent News & Updates

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Oct 20
Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Sep 10
Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Recent updates

Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Oct 20
Enbridge Inc.'s (TSE:ENB) Popularity With Investors Is Under Threat From Overpricing

Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Sep 10
Enbridge (TSE:ENB) Hasn't Managed To Accelerate Its Returns

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Aug 26
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

Jul 15
Is There An Opportunity With Enbridge Inc.'s (TSE:ENB) 50% Undervaluation?

Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

May 21
Enbridge's (TSE:ENB) Solid Earnings May Rest On Weak Foundations

Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Apr 06
Enbridge Inc.'s (TSE:ENB) Business Is Yet to Catch Up With Its Share Price

Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Mar 01
Here's Why Enbridge (TSE:ENB) Has A Meaningful Debt Burden

Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Feb 09
Enbridge (TSE:ENB) Has Announced That It Will Be Increasing Its Dividend To CA$0.915

Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Feb 08
Enbridge Inc.'s (TSE:ENB) Intrinsic Value Is Potentially 34% Above Its Share Price

Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Jan 23
Enbridge (TSE:ENB) Will Pay A Larger Dividend Than Last Year At CA$0.915

Shareholder Returns

ENBCA Oil and GasCA Market
7D0.5%2.9%0.7%
1Y28.8%18.0%21.7%

Return vs Industry: ENB exceeded the Canadian Oil and Gas industry which returned 18% over the past year.

Return vs Market: ENB exceeded the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is ENB's price volatile compared to industry and market?
ENB volatility
ENB Average Weekly Movement1.7%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: ENB has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ENB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194911,500Greg Ebelwww.enbridge.com

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

Enbridge Inc. Fundamentals Summary

How do Enbridge's earnings and revenue compare to its market cap?
ENB fundamental statistics
Market capCA$130.57b
Earnings (TTM)CA$6.29b
Revenue (TTM)CA$48.55b

20.7x

P/E Ratio

2.7x

P/S Ratio

Is ENB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENB income statement (TTM)
RevenueCA$48.55b
Cost of RevenueCA$24.94b
Gross ProfitCA$23.62b
Other ExpensesCA$17.33b
EarningsCA$6.29b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.89
Gross Margin48.64%
Net Profit Margin12.95%
Debt/Equity Ratio139.0%

How did ENB perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

123%

Payout Ratio

Does ENB pay a reliable dividends?

See ENB dividend history and benchmarks
When do you need to buy ENB by to receive an upcoming dividend?
Enbridge dividend dates
Ex Dividend DateNov 15 2024
Dividend Pay DateDec 01 2024
Days until Ex dividend6 days
Days until Dividend pay date10 days

Does ENB pay a reliable dividends?

See ENB dividend history and benchmarks