Enbridge (TSX:ENB) - Stock Price, News & Analysis

ENB Stock Overview

Enbridge Inc. operates as an energy infrastructure company.

ENB fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	2/6
Financial Health	0/6
Dividends	4/6

Rewards

Earnings are forecast to grow 7.58% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 6.53% is not well covered by earnings or cash flows

My Notes

New

Notes are coming soon

Enbridge Inc. Competitors

TC Energy

TSX:TRP

CA$58.4b

Pembina Pipeline

TSX:PPL

CA$26.0b

Keyera

TSX:KEY

CA$7.0b

Gibson Energy

TSX:GEI

CA$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Enbridge
Historical stock prices
Current Share Price	CA$54.40
52 Week High	CA$59.69
52 Week Low	CA$48.88
Beta	0.91
1 Month Change	2.80%
3 Month Change	2.49%
1 Year Change	2.64%
3 Year Change	1.10%
5 Year Change	26.19%
Change since IPO	883.50%

Enbridge's (TSE:ENB) Dividend Will Be Increased To CA$0.8875

Jan 04

Enbridge (TSE:ENB) Is Increasing Its Dividend To CA$0.8875

Dec 13

Recent updates

Enbridge's (TSE:ENB) Dividend Will Be Increased To CA$0.8875

Jan 04

Enbridge (TSE:ENB) Is Increasing Its Dividend To CA$0.8875

Dec 13

There's Been No Shortage Of Growth Recently For Enbridge's (TSE:ENB) Returns On Capital

Nov 26

Shareholder Returns

	ENB	CA Oil and Gas	CA Market
7D	-2.9%	1.0%	0.6%
1Y	2.6%	18.4%	-0.6%

Return vs Industry: ENB underperformed the Canadian Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: ENB exceeded the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is ENB's price volatile compared to industry and market?
ENB volatility
ENB Average Weekly Movement	2.3%
Oil and Gas Industry Average Movement	8.3%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	19.2%
10% least volatile stocks in CA Market	3.9%

Stable Share Price: ENB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

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

About the Company

Founded	Employees	CEO	Website
1949	10,900	Greg Ebel	https://www.enbridge.com

Enbridge Inc. 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 Cap	CA$110.15b
Earnings (TTM)	CA$5.50b
Revenue (TTM)	CA$52.41b

20.0x

P/E Ratio

2.1x

P/S Ratio

Is ENB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENB income statement (TTM)
Revenue	CA$52.41b
Cost of Revenue	CA$32.38b
Gross Profit	CA$20.02b
Other Expenses	CA$14.53b
Earnings	CA$5.50b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 10, 2023

Earnings per share (EPS)	2.71
Gross Margin	38.21%
Net Profit Margin	10.49%
Debt/Equity Ratio	122.0%

How did ENB perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

126%

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 Date	Feb 14 2023
Dividend Pay Date	Mar 01 2023
Days until Ex dividend	15 days
Days until Dividend pay date	30 days

Does ENB pay a reliable dividends?

See ENB dividend history and benchmarks

ENB Stock Overview

Rewards

Risk Analysis

Enbridge Inc. Competitors

TSX:TRP

CA$58.4b

TSX:PPL

CA$26.0b

TSX:KEY

CA$7.0b

TSX:GEI

CA$3.5b

Price History & Performance

Recent News & Updates

Enbridge Inc. to Report Q4, 2022 Results on Feb 10, 2023

Enbridge Inc. (TSX:ENB) announces an Equity Buyback for 27,938,163 shares, representing 1.38% for CAD 1,500 million.

Enbridge's (TSE:ENB) Dividend Will Be Increased To CA$0.8875

Enbridge (TSE:ENB) Is Increasing Its Dividend To CA$0.8875

Enbridge Inc. Sustain Offers Turnkey Energy Solutions in Ontario

President exercised options and sold CA$8.3m worth of stock

Recent updates

Enbridge Inc. to Report Q4, 2022 Results on Feb 10, 2023

Enbridge Inc. (TSX:ENB) announces an Equity Buyback for 27,938,163 shares, representing 1.38% for CAD 1,500 million.

Enbridge's (TSE:ENB) Dividend Will Be Increased To CA$0.8875

Enbridge (TSE:ENB) Is Increasing Its Dividend To CA$0.8875

Enbridge Inc. Sustain Offers Turnkey Energy Solutions in Ontario

President exercised options and sold CA$8.3m worth of stock

Enbridge Inc. Announces CEO Changes

There's Been No Shortage Of Growth Recently For Enbridge's (TSE:ENB) Returns On Capital

High number of new directors

High number of new directors

Upcoming dividend of CA$0.86 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Enbridge Inc. (TSX:ENB) and Plains All American Pipeline, L.P. (NasdaqGS:PAA) acquired remaining 15% stake in Cactus II Pipeline LLC from Western Midstream Partners, LP (NYSE:WES) for approximately $270 million.

Enbridge Inc. (TSX:ENB) and Plains All American Pipeline, L.P. (NasdaqGS:PAA) acquired remaining 15% stake in Cactus II Pipeline LLC from Western Midstream Partners, LP (NYSE:WES) for $265 million.

Now 21% undervalued after recent price drop

Enbridge Inc. to Report Q3, 2022 Results on Nov 04, 2022

Enbridge Announces Executive Changes, Effective January 1, 2023

Enbridge Inc. (TSX:ENB) acquired Tri Global Energy, LLC for approximately $320 million.

Athabasca Indigenous Investments entered into an agreement to acquire 11.6% stake in Seven Pipelines in Athabasca Region of Northern Alberta from Enbridge Inc. (TSX:ENB) for CAD 1.1 billion.

Now 22% undervalued after recent price drop

Phillips 66 (NYSE:PSX) made a non-binding proposal to acquire remaining 56.69% stake in DCP Midstream, LP (NYSE:DCP) from Enbridge Inc. (TSX:ENB) and others for $9.6 billion.

Phillips 66 (NYSE:PSX) made a non-binding proposal to acquire remaining 56.69% stake in DCP Midstream, LP (NYSE:DCP) from Enbridge Inc. (TSX:ENB) and others for $9.6 billion.

Consensus EPS estimates fall by 16%

Upcoming dividend of CA$0.86 per share

Now 21% undervalued after recent price drop

Enbridge Inc. Reaffirms Earnings Guidance for the Year 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Enbridge Inc. Declares Quarterly Dividend, Payable on September 1, 2022

Enbridge Inc. to Report Q2, 2022 Results on Jul 29, 2022

Now 20% undervalued

High number of new directors

Enbridge Advancing Construction of Natural Gas Pipeline to Venture Global's Plaquemines Lng Facility

Now 21% undervalued

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Enbridge Inc. Announces Election of Directors

Enbridge Inc. to Report Q1, 2022 Results on May 06, 2022

High number of new directors

Key Executive exercised options and sold CA$1.4m worth of stock

Now 20% undervalued

Consensus forecasts updated

Executive VP & CFO exercised options and sold CA$1.5m worth of stock

Consensus forecasts updated

Enbridge Inc. Declares Quarterly Dividend, Payable on March 1, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Enbridge Inc., Annual General Meeting, May 04, 2022

Enbridge Inc., Annual General Meeting, May 04, 2022

Upcoming dividend of CA$0.86 per share

Now 21% undervalued after recent price drop

Trencap s.e.c. completed the acquisition of remaining 38.9% stake in Noverco Inc. from Enbridge Inc. (TSX:ENB).

President exercised options and sold CA$4.4m worth of stock

High number of new directors

CER Not Approves Enbridge’s Canadian Mainline Contracting Proposal

Third quarter 2021 earnings released: EPS CA$0.34 (vs CA$0.49 in 3Q 2020)

Executive VP & CFO exercised options and sold CA$836k worth of stock

Insider exercised options and sold CA$152k worth of stock

Upcoming dividend of CA$0.83 per share

Second quarter 2021 earnings released: EPS CA$0.69 (vs CA$0.82 in 2Q 2020)

Independent Director Gregory Goff has left the company

Shareholder Returns