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Enbridge (ENB) Competitors

C$49.21
-0.27 (-0.55%)
(As of 06/7/2024 08:53 PM ET)

ENB vs. TRP, PPL, ALA, KEY, GEI, TPZ, KML, TWM, CNQ, and SU

Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include TC Energy (TRP), Pembina Pipeline (PPL), AltaGas (ALA), Keyera (KEY), Gibson Energy (GEI), Topaz Energy (TPZ), Kinder Morgan Canada Limited (KML.TO) (KML), Tidewater Midstream and Infrastructure (TWM), Canadian Natural Resources (CNQ), and Suncor Energy (SU).

Enbridge vs.

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

In the previous week, TC Energy had 1 more articles in the media than Enbridge. MarketBeat recorded 3 mentions for TC Energy and 2 mentions for Enbridge. TC Energy's average media sentiment score of 0.97 beat Enbridge's score of 0.96 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
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TC Energy
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 7.1%. Enbridge pays out 138.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TC Energy pays out 147.7% 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.

Enbridge received 154 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.86% of users gave Enbridge an outperform vote while only 61.87% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
751
69.86%
Underperform Votes
324
30.14%
TC EnergyOutperform Votes
597
61.87%
Underperform Votes
368
38.13%

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%

53.4% of Enbridge shares are held by institutional investors. Comparatively, 83.1% of TC Energy shares are held by institutional investors. 0.1% of Enbridge shares are held by insiders. Comparatively, 0.0% of TC Energy shares are held 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 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$42.61B2.46C$5.53BC$2.6418.64
TC EnergyC$16.25B3.47C$2.72BC$2.6020.84

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

Enbridge presently has a consensus target price of C$53.44, indicating a potential upside of 8.59%. TC Energy has a consensus target price of C$54.94, indicating a potential upside of 1.40%. Given Enbridge's stronger consensus rating and higher possible upside, equities research analysts plainly 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

Summary

Enbridge beats TC Energy on 13 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$104.82BC$26.95BC$4.07BC$5.36B
Dividend Yield7.38%6.02%6.54%5.58%
P/E Ratio18.6410.68201.9923.36
Price / Sales2.462.7429,644.412,143.06
Price / Cash94.53109.0970.9879.28
Price / Book1.822.211.593.46
Net IncomeC$5.53BC$1.35BC$448.87MC$285.54M
7 Day Performance-1.24%-0.90%-2.96%-0.93%
1 Month Performance-3.77%-1.42%-1.70%-0.90%
1 Year Performance-2.79%9.80%18.46%26.09%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRP
TC Energy
1.7264 of 5 stars
C$52.79
+0.9%
C$54.50
+3.2%
-1.9%C$54.90BC$16.25B20.307,000Positive News
PPL
Pembina Pipeline
2.0859 of 5 stars
C$50.19
-0.2%
C$54.25
+8.1%
+20.5%C$29.09BC$9.05B16.142,349Insider Selling
ALA
AltaGas
2.9293 of 5 stars
C$31.27
+1.0%
C$35.00
+11.9%
+25.7%C$9.26BC$12.60B15.183,045Dividend Announcement
KEY
Keyera
0.9714 of 5 stars
C$35.87
-0.2%
C$38.18
+6.4%
+17.7%C$8.22BC$6.78B22.991,005Dividend Announcement
GEI
Gibson Energy
2.019 of 5 stars
C$22.74
-0.3%
C$25.63
+12.7%
+5.0%C$3.70BC$11.94B21.66460Positive News
TPZ
Topaz Energy
2.385 of 5 stars
C$22.35
-0.4%
C$26.88
+20.2%
+8.5%C$3.24BC$321.45M69.848Dividend Announcement
News Coverage
KML
Kinder Morgan Canada Limited (KML.TO)
0 of 5 stars
N/AN/AN/AC$1.73BC$414.40M38.04153
TWM
Tidewater Midstream and Infrastructure
2.4946 of 5 stars
C$0.61
+1.7%
C$0.99
+62.6%
-33.7%C$261.69MC$2.03B-0.67392Analyst Revision
CNQ
Canadian Natural Resources
4.0797 of 5 stars
C$98.07
-1.8%
C$110.56
+12.7%
+28.5%C$104.93BC$35.58B14.3810,272
SU
Suncor Energy
3.6222 of 5 stars
C$51.47
-1.8%
C$61.61
+19.7%
+29.2%C$65.88BC$49.56B8.4814,906Dividend Announcement

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This page (TSE:ENB) was last updated on 6/10/2024 by MarketBeat.com Staff

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