Enbridge (TSE:ENB)

ENB - Enbridge 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.

It 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.

Stock Chart & Metrics

  • Ticker: tse:enb
  • Sector: Energy
  • Industry: Oil & Gas Midstream
  • Market Cap: 100.87B
  • P/E: 17.52
  • Dividend Yield: 6.71%
  • Payout Ratio (TTM): 145.30%

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 Aristocrat Graph SectorID IndustryID
NEE NYSE:NEE NextEra Energy, Inc. 168.89 34.03 NO 1 12 106
DUK NYSE:DUK Duke Energy Corporation 76.38 18.66 NO 1 12 106
SO NYSE:SO Southern Company 65.75 17.63 NO 1 12 106
AEP NYSE:AEP American Electric Power Co. 41.58 17.83 NO 1 12 106
XEL NASDAQ:XEL Xcel Energy Inc. 34.88 22.18 NO 1 12 106
ES NYSE:ES Eversource Energy 29.13 22.65 NO 1 12 106
WEC NYSE:WEC WEC Energy Group, Inc. 28.13 21.44 NO 1 12 106
ED NYSE:ED Consolidated Edison Inc 27.83 19.05 YES 1 12 106
FTS TSE:FTS Fortis 26.45 21.27 YES 1 12 106
EIX NYSE:EIX Edison International 24.67 14.09 NO 1 12 106
PPL NYSE:PPL PPL Corporation 21.16 19.85 NO 1 12 106
H TSE:H Hydro One 18.47 19.17 NO 1 12 106
LNT NASDAQ:LNT Alliant Energy Corporation 14.21 22.61 NO 1 12 106

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

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 6/10. 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 69 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.


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