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Enbridge (ENB) Competitors

C$49.33
-0.24 (-0.48%)
(As of 05/28/2024 ET)

ENB vs. TRP, PPL, CNQ, SU, CVE, IMO, CCO, ALA, KEY, and GEI

Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include TC Energy (TRP), Pembina Pipeline (PPL), Canadian Natural Resources (CNQ), Suncor Energy (SU), Cenovus Energy (CVE), Imperial Oil (IMO), Cameco (CCO), AltaGas (ALA), Keyera (KEY), and Gibson Energy (GEI). These companies are all part of the "energy" sector.

Enbridge vs.

Enbridge (TSE:ENB) and TC Energy (TSE:TRP) are both large-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, dividends, analyst recommendations, risk, earnings, profitability, institutional ownership, media sentiment and valuation.

TC Energy has a net margin of 17.31% compared to Enbridge's net margin of 13.81%. Enbridge's return on equity of 8.70% beat TC Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Enbridge13.81% 8.70% 3.15%
TC Energy 17.31%8.37%3.46%

Enbridge currently has a consensus price target of C$53.56, indicating a potential upside of 8.58%. TC Energy has a consensus price target of C$54.50, indicating a potential upside of 4.27%. Given Enbridge's stronger consensus rating and higher probable upside, equities analysts clearly believe Enbridge is more favorable than TC Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54
TC Energy
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36

Enbridge has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500. Comparatively, TC Energy has a beta of 0.74, meaning that its stock price is 26% less volatile than the S&P 500.

In the previous week, Enbridge had 9 more articles in the media than TC Energy. MarketBeat recorded 21 mentions for Enbridge and 12 mentions for TC Energy. TC Energy's average media sentiment score of 0.32 beat Enbridge's score of 0.24 indicating that TC Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enbridge
4 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TC Energy
3 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.4%. TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.3%. Enbridge pays out 138.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TC Energy pays out 146.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge is clearly the better dividend stock, given its higher yield and lower payout ratio.

53.5% of Enbridge shares are owned by institutional investors. Comparatively, 83.1% of TC Energy shares are owned by institutional investors. 0.1% of Enbridge shares are owned by insiders. Comparatively, 0.0% of TC Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Enbridge received 154 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.93% of users gave Enbridge an outperform vote while only 61.93% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
751
69.93%
Underperform Votes
323
30.07%
TC EnergyOutperform Votes
597
61.93%
Underperform Votes
367
38.07%

Enbridge has higher revenue and earnings than TC Energy. Enbridge is trading at a lower price-to-earnings ratio than TC Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EnbridgeC$42.61B2.47C$5.53BC$2.6518.62
TC EnergyC$16.25B3.35C$2.72BC$2.6219.95

Summary

Enbridge beats TC Energy on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ENB vs. The Competition

MetricEnbridgeOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$105.07BC$26.62BC$3.98BC$4.83B
Dividend Yield7.31%6.01%7.09%6.25%
P/E Ratio18.6210.52199.8325.44
Price / Sales2.472.7020,054.692,752.67
Price / Cash94.53109.0966.2276.13
Price / Book1.832.181.593.88
Net IncomeC$5.53BC$1.35BC$424.16MC$273.29M
7 Day Performance-1.73%-1.94%0.50%-0.93%
1 Month Performance0.76%1.20%2.35%2.28%
1 Year Performance0.98%15.39%21.11%30.54%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRP
TC Energy
1.8375 of 5 stars
C$52.95
-0.6%
C$54.50
+2.9%
-2.9%C$55.07BC$16.25B20.217,000
PPL
Pembina Pipeline
2.2716 of 5 stars
C$50.30
-0.5%
C$53.92
+7.2%
+18.7%C$29.15BC$9.13B16.822,349Analyst Revision
CNQ
Canadian Natural Resources
3.5954 of 5 stars
C$104.90
+1.7%
C$111.47
+6.3%
+38.2%C$112.24BC$35.58B15.5210,272Analyst Revision
Positive News
SU
Suncor Energy
3.8224 of 5 stars
C$54.57
+0.8%
C$58.08
+6.4%
+42.3%C$70.40BC$49.56B9.0314,906
CVE
Cenovus Energy
3.5529 of 5 stars
C$27.52
+1.1%
C$33.54
+21.9%
+22.6%C$51.46BC$53.34B11.376,925Insider Selling
Positive News
IMO
Imperial Oil
1.6718 of 5 stars
C$95.24
+1.0%
C$96.31
+1.1%
+47.5%C$51.03BC$50.89B11.095,300News Coverage
Positive News
CCO
Cameco
0.674 of 5 stars
C$72.21
+6.4%
C$75.44
+4.5%
+95.0%C$31.38BC$2.53B133.724,800
ALA
AltaGas
1.3275 of 5 stars
C$30.81
+0.6%
C$34.33
+11.4%
+33.4%C$9.13BC$12.60B14.963,045
KEY
Keyera
1.4546 of 5 stars
C$36.74
+0.1%
C$38.17
+3.9%
+17.5%C$8.42BC$7.05B19.861,005
GEI
Gibson Energy
2.4387 of 5 stars
C$22.80
flat
C$25.63
+12.4%
+6.3%C$3.70BC$11.94B21.71460

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This page (TSE:ENB) was last updated on 5/28/2024 by MarketBeat.com Staff

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