ENB:NYE-Enbridge Inc (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 35.59

Change

+0.33 (+0.94)%

Market Cap

USD 40.33B

Volume

4.37M

Analyst Target

USD 41.66
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Enbridge Inc transports and distributes crude oil and natural gas. It is also engaged in natural gas gathering, transmission and midstream businesses and power transmission.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-28 )

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WES Western Midstream Partners LP

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ETFs Containing ENB

HUTS:CA Hamilton Enhanced Utiliti.. 10.89 % 0.00 %

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CAD 0.11B
WELN:XETRA Amundi S&P Global Energy .. 10.20 % 0.00 %

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WELP:XETRA Amundi S&P Global Energy .. 10.20 % 0.00 %

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AMND ETRACS Alerian Midstream .. 9.84 % 0.00 %

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USD 0.03B
AMNA ETRACS Alerian Midstream .. 9.59 % 0.00 %

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USD 0.08B
MLPX Global X MLP & Energy Inf.. 9.33 % 0.45 %

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USD 1.88B
AMTR ETRACS Alerian Midstream .. 9.15 % 0.00 %

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USD 0.07B
PPLN:CA Global X Pipelines & Ener.. 9.09 % 0.00 %

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XDIV:CA iShares Core MSCI Canadia.. 8.93 % 0.11 %

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CAD 1.65B
UTIL:CA Global X Canadian Utility.. 8.74 % 0.00 %

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CAD 0.01B
EINC VanEck Energy Income ETF 8.71 % 0.00 %

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USD 0.06B
MDST Ultimus Managers Trust 8.56 % 0.00 %

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PDC:CA Invesco Canadian Dividend.. 8.42 % 0.55 %

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CAD 0.80B
HOG:CA 8.25 % 0.64 %

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UMI USCF Midstream Energy Inc.. 8.18 % 0.00 %

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USD 0.31B
ENFR Alerian Energy Infrastruc.. 8.12 % 0.65 %

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USD 0.18B
UMAX:CA Hamilton Utilities YIELD .. 8.02 % 0.00 %

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VDY:CA Vanguard FTSE Canadian Hi.. 7.94 % 0.22 %

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CAD 2.99B
USAI Pacer American Energy Ind.. 7.82 % 0.75 %

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USD 0.06B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 7.80 % 0.00 %

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USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.80 % 0.00 %

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USD 0.45B
ESGA:CA BMO MSCI Canada ESG Leade.. 7.45 % 0.00 %

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CAD 0.09B
NDIV:CA NBI Canadian Dividend Inc.. 7.26 % 0.00 %

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CAD 0.02B
TOLZ ProShares DJ Brookfield G.. 7.09 % 0.45 %

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USD 0.15B
ICAE:CA Invesco S&P/TSX Canadian .. 6.74 % 0.00 %

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CAD 7.79M
WDEE:XETRA Invesco Markets II plc - .. 6.70 % 0.00 %

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USD 0.01B
WDEE:SW Invesco Markets II PLC - .. 6.70 % 0.00 %

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PXC:CA Invesco FTSE RAFI Canadia.. 6.00 % 0.50 %

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CAD 0.19B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.69 % 0.00 %

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CAD 3.25M
ESGC:CA Invesco S&P/TSX Composite.. 5.50 % 0.00 %

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CAD 0.07B
ICTE:CA Invesco S&P/TSX Composite.. 5.43 % 0.00 %

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CAD 1.10M
ABEQ Absolute Core Strategy ET.. 5.20 % 0.00 %

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USD 0.09B
ZWEN:CA BMO Covered Call Energy E.. 5.14 % 0.00 %

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WENE:SW iShares MSCI World Energy.. 5.12 % 0.00 %

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USD 0.13B
RCD:CA RBC Quant Canadian Divide.. 4.99 % 0.43 %

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CAD 0.18B
NREA:CA NBI Global Real Assets In.. 4.84 % 0.00 %

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CAD 1.27B
GPOW 4.60 % 0.00 %

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QINF:CA Mackenzie Global Infrastr.. 4.59 % 0.00 %

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CAD 0.01B
FCCV:CA Fidelity Canadian Value I.. 4.52 % 0.00 %

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CAD 0.17B
FLCA Franklin FTSE Canada ETF 4.52 % 0.09 %

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USD 0.41B
IUTSF 4.49 % 0.00 %

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MICH:AU Magellan Infrastructure F.. 4.43 % 0.00 %

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USD 0.64B
FUEL:AU Betashares Global Energy .. 4.39 % 0.00 %

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USD 0.18B
XESG:CA iShares ESG Aware MSCI Ca.. 4.31 % 0.00 %

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CAD 0.42B
TINF:CA TD Active Global Infrastr.. 4.28 % 0.00 %

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CAD 0.13B
ZIU:CA BMO S&P/TSX 60 Index ETF 4.23 % 0.00 %

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CAD 0.07B
QCE:CA Mackenzie Canadian Large .. 4.22 % 0.06 %

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CAD 0.14B
SXR2:F iShares VII PLC - iShares.. 4.16 % 0.00 %

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USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 4.16 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 4.16 % 0.00 %

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USD 1.14B
HCAN:PA HSBC MSCI Canada UCITS ET.. 4.16 % 0.00 %

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USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 4.16 % 0.00 %

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USD 0.04B
FCCQ:CA Fidelity Canadian High Qu.. 4.15 % 0.39 %

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CAD 0.16B
CSCA:LSE iShares VII Public Limite.. 4.13 % 0.00 %

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USD 1.15B
DXN:CA Dynamic Active Global Inf.. 4.13 % 0.00 %

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CAD 0.03B
UC87:LSE UBS(Lux)Fund Solutions .. 4.12 % 0.00 %

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USD 0.05B
ATMP 4.11 % 0.00 %

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DIVY Tidal ETF Trust 4.05 % 0.85 %

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USD 0.01B
UIM9:F UBS ETF SICAV - MSCI Cana.. 4.05 % 0.00 %

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USD 1.20B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 4.05 % 0.00 %

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USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 4.05 % 0.00 %

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USD 0.06B
CANCDA:SW UBS(Lux)Fund Solutions .. 4.05 % 0.00 %

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USD 1.20B
CANUKD:SW UBS(Lux)Fund Solutions .. 4.05 % 0.00 %

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USD 5.76M
RCDC:CA RBC Canadian Dividend Cov.. 4.02 % 0.00 %

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PDIV:CA Purpose Enhanced Dividend.. 3.97 % 0.86 %

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CAD 0.06B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 3.94 % 0.00 %

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CAD 0.03B
CAHCHA:SW UBS(Lux)Fund Solutions .. 3.89 % 0.00 %

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CAHGBA:SW UBS(Lux)Fund Solutions .. 3.89 % 0.00 %

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CAHUSA:SW UBS(Lux)Fund Solutions .. 3.89 % 0.00 %

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CANA:SW UBS (LUX) FUND SOLUTIONS .. 3.89 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 3.89 % 0.00 %

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PID Invesco International Div.. 3.78 % 0.54 %

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USD 0.89B
DIVZ Listed Funds Trust - True.. 3.63 % 0.00 %

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USD 0.12B
NDIV Amplify ETF Trust - Ampli.. 3.62 % 0.00 %

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USD 0.01B
HLIF:CA Harvest Canadian Equity I.. 3.60 % 0.00 %

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CAD 0.11B
VCN:CA Vanguard FTSE Canada All .. 3.57 % 0.06 %

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CAD 7.69B
PDF:CA Purpose Core Dividend 3.56 % 0.68 %

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CAD 0.17B
CCEI:CA CIBC Canadian Equity Inde.. 3.51 % 0.00 %

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CAD 0.63B
QCN:CA Mackenzie Canadian Equity.. 3.41 % 0.06 %

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CAD 1.56B
VBLD:AU Vanguard Global Infrastru.. 3.37 % 0.00 %

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USD 0.33B
HUTL:CA Harvest Equal Weight Glob.. 3.30 % 0.00 %

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CAD 0.24B
LNGZ Exchange Traded Concepts .. 3.22 % 0.00 %

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USD 0.26M
5MVW:XETRA iShares MSCI World Energy.. 3.16 % 0.00 %

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USD 0.59B
MCLC:CA Manulife Multifactor Cana.. 3.07 % 0.45 %

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CAD 0.34B
WENS:SW iShares MSCI World Energy.. 3.07 % 0.00 %

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USD 0.65B
CBUX:XETRA iShares Global Infrastruc.. 3.06 % 0.00 %

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USD 1.60B
INFR:SW iShares Global Infrastruc.. 3.06 % 0.00 %

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WNRG:SW SPDR MSCI World Energy UC.. 3.01 % 0.00 %

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XDW0:F Xtrackers (IE) Public Lim.. 3.01 % 0.00 %

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USD 1.07B
XDW0:XETRA db x-trackers MSCI World .. 3.01 % 0.00 %

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USD 1.07B
XWES:LSE Xtrackers MSCI World Ener.. 3.01 % 0.00 %

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USD 0.91B
PINC:CA Purpose Multi-Asset Incom.. 2.82 % 0.99 %

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CAD 0.07B
DXR:CA Dynamic Active Retirement.. 2.81 % 0.00 %

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CAD 0.01B
GLIN:AU iShares Core FTSE Global .. 2.73 % 0.00 %

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USD 0.03B
IFRA:AU VanEck FTSE Global Infras.. 2.69 % 0.00 %

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USD 1.04B
ENGW:LSE SPDR® MSCI World Energy .. 2.67 % 0.00 %

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WENS:LSE iShares MSCI World Energy.. 2.67 % 0.00 %

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5MVW:F iShares MSCI World Energy.. 2.66 % 0.00 %

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CDZ:CA iShares S&P/TSX Canadian .. 2.57 % 0.66 %

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CAD 0.94B
CDEF:CA Manulife Smart Defensive .. 2.55 % 0.00 %

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CAD 1.39M
NFRA FlexShares STOXX Global B.. 2.42 % 0.00 %

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USD 2.51B
FIDI Fidelity® International .. 2.42 % 0.39 %

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USD 0.10B
CID VictoryShares Internation.. 1.63 % 0.45 %

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USD 0.02B
FCMI:CA Fidelity Canadian Monthly.. 1.47 % 0.00 %

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CAD 7.48M
ZPRI:F SSgA SPDR ETFs Europe II .. 1.01 % 0.00 %

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USD 1.18B
ZPRI:XETRA SPDR Morningstar Multi-As.. 1.01 % 0.00 %

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USD 1.18B
CIZ VictoryShares Developed E.. 0.37 % 0.45 %

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USD 0.03B
CIL VictoryShares Internation.. 0.37 % 0.45 %

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USD 0.10B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

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CAD 1.00B
DBIF 0.00 % 0.45 %

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DXM:CA 0.00 % 0.67 %

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ENY 0.00 % 0.66 %

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EWC iShares MSCI Canada ETF 0.00 % 0.47 %

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GHII 0.00 % 0.44 %

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GII SPDR® S&P Global Infrast.. 0.00 % 0.40 %

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HEWC 0.00 % 0.03 %

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HFP:CA 0.00 % 0.63 %

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IXC iShares Global Energy ETF 0.00 % 0.46 %

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QCAN 0.00 % 0.30 %

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ISDX 0.00 % 0.00 %

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FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

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CAD 0.19B
ZCAN 0.00 % 0.30 %

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DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

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CAD 0.04B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.22B
FLCD:CA 0.00 % 0.00 %

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GLIF 0.00 % 0.00 %

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CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.00 %

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TLV:CA Invesco S&P/TSX Composite.. 0.00 % 0.34 %

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CAD 0.09B
TPYP Tortoise North American P.. 0.00 % 0.40 %

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VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

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CAD 1.96B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

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CAD 0.07B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

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CAD 1.65B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

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CAD 13.18B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

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CAD 13.94B
XMV:CA iShares MSCI Canada Minim.. 0.00 % 0.33 %

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CAD 0.23B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

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CAD 8.49B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

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CAD 1.09B
ZEO:CA BMO Equal Weight Oil & Ga.. 0.00 % 0.61 %

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CAD 0.21B
ZGI:CA BMO Global Infrastructure.. 0.00 % 0.60 %

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CAD 0.67B
ZPR:CA BMO Laddered Preferred Sh.. 0.00 % 0.50 %

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CAD 1.38B
ZWU:CA BMO Covered Call Utilitie.. 0.00 % 0.71 %

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CAD 1.94B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

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CAD 1.65B
FLRM:CA 0.00 % 0.33 %

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FPEI First Trust Institutional.. 0.00 % 0.85 %

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USD 1.50B
GIN:LSE SPDR Morningstar Multi-As.. 0.00 % 0.00 %

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HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

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HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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IDIN:LSE iShares Global Infrastruc.. 0.00 % 0.00 %

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INFR:LSE iShares Global Infrastruc.. 0.00 % 0.00 %

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MAGI:LSE SSgA SPDR ETFs Europe II .. 0.00 % 0.00 %

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UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.00 %

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WNRG:LSE SPDR MSCI World Energy UC.. 0.00 % 0.00 %

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XDW0:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

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XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

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IQQI:F iShares Global Infrastruc.. 0.00 % 0.00 %

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H4ZR:XETRA 0.00 % 0.00 %

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IQQI:XETRA 0.00 % 0.00 %

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HPF-U:CA Harvest Energy Leaders Pl.. 0.00 % 0.00 %

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FCCM:CA 0.00 % 0.00 %

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TMEC:CA 0.00 % 0.00 %

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HDIV 0.00 % 0.00 %

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SDEI 0.00 % 0.00 %

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XIU 0.00 % 0.00 %

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HYBR:CA Global X Active Hybrid Bo.. 0.00 % 0.00 %

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CAD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.19% 20% F 36% F
Dividend Return 3.73% 43% F 83% B
Total Return 2.53% 15% F 45% F
Trailing 12 Months  
Capital Gain -4.20% 13% F 25% F
Dividend Return 7.13% 43% F 83% B
Total Return 2.93% 13% F 34% F
Trailing 5 Years  
Capital Gain -1.36% 28% F 46% F
Dividend Return 37.75% 68% D+ 91% A-
Total Return 36.40% 33% F 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 1.54% 13% F 49% F
Dividend Return 8.86% 20% F 62% D
Total Return 7.32% 52% F 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 20.15% 80% B- 51% F
Risk Adjusted Return 43.98% 33% F 66% D+
Market Capitalization 40.33B 100% F 97% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Midstream) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 28.40 30% 46%
Price/Book Ratio 1.82 50% 45%
Price / Cash Flow Ratio 5.20 48% 59%
Price/Free Cash Flow Ratio 8.14 52% 50%
Management Effectiveness  
Return on Equity 8.70% 25% 52%
Return on Invested Capital 5.09% 13% 44%
Return on Assets 3.15% 7% 56%
Debt to Equity Ratio 161.14% 43% 20%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector