Enbridge Inc. is the largest energy infrastructure company in North America. It is Canada’s largest natural gas distributor engaging in the collection, transportation, processing and storage of oil and gas. Enbridge caters to 3.7 million customers in Ontario, Quebec, New Brunswick, and New York.
Enbridge owns an extensive network of about 192,000 miles of natural gas and NGL pipelines across North America and the Gulf of Mexico. Its crude oil and liquids transportation systems are huge comprising of more than 17,000 miles of active pipelines.
The company is known for its high quality liquids and natural gas infrastructure assets. In addition, Enbridge has 3.1 Bcf/d of processing capacity and 438 Bcf of net natural gas storage capacity. It also owns interests in nearly 3,000 MW of renewable generation capacity.
Enbridge Stock Details
- Ticker: tse:enb
- Sector: Energy
- Industry: Oil & Gas Midstream
- Market Cap: 111.85B
- Market Cap Group: Large Cap
- P/E: 19.78
- Dividend Yield: 6.96%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 5/10
- Dividend Income Fit: 8/10
ENB Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| ENB | TSE:ENB | Enbridge | 111.85 | 19.78 | 6.96 | YES | 1 | 5 | 71 |
| TRP | TSE:TRP | TC Energy | 61.51 | 17.91 | 6.48 | YES | 1 | 5 | 71 |
| WMB | NYSE:WMB | Williams Companies, Inc. | 51.43 | 17.81 | 4.50 | NO | 1 | 5 | 71 |
| OKE | NYSE:OKE | ONEOK Inc. | 46.79 | 18.91 | 4.94 | NO | 1 | 5 | 71 |
| KMI | NYSE:KMI | Kinder Morgan Inc | 45.90 | 18.80 | 5.56 | NO | 1 | 5 | 71 |
| PPL | TSE:PPL | Pembina Pipeline | 30.68 | 17.02 | 5.21 | YES | 1 | 5 | 71 |
| KEY | TSE:KEY | Keyera Corp | 8.71 | 24.53 | 5.26 | NO | 1 | 5 | 71 |
| TPZ | TSE:TPZ | Topaz Energy | 3.60 | 67.16 | 5.31 | NO | 1 | 5 | 71 |
| GEI | TSE:GEI | Gibson Energy | 3.46 | 20.10 | 7.70 | NO | 1 | 5 | 71 |
Enbridge - FAQ
What is the stock ticker for Enbridge?
The stock ticker for Enbridge is TSE:enb.
Is Enbridge a good stock to buy?
You need to consider your investment strategy and how TSE:enb can fit in your portfolio.
The current dividend income score of 8/10 and dividend growth score of 5/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Enbridge a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 53 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Enbridge?
You can easily buy the ENB stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.