Enbridge (ENB) Competitors

$36.44
+0.85 (+2.39%)
(As of 05/2/2024 ET)

ENB vs. MPLX, EOG, CNQ, EQNR, SLB, MPC, PXD, PSX, EPD, and OXY

Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include Mplx (MPLX), EOG Resources (EOG), Canadian Natural Resources (CNQ), Equinor ASA (EQNR), Schlumberger (SLB), Marathon Petroleum (MPC), Pioneer Natural Resources (PXD), Phillips 66 (PSX), Enterprise Products Partners (EPD), and Occidental Petroleum (OXY). These companies are all part of the "oils/energy" sector.

Enbridge vs.

Enbridge (NYSE:ENB) and Mplx (NYSE:MPLX) are both large-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.

Enbridge received 196 more outperform votes than Mplx when rated by MarketBeat users. However, 71.15% of users gave Mplx an outperform vote while only 68.13% of users gave Enbridge an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
778
68.13%
Underperform Votes
364
31.87%
MplxOutperform Votes
582
71.15%
Underperform Votes
236
28.85%

Enbridge currently has a consensus target price of $55.20, indicating a potential upside of 53.46%. Mplx has a consensus target price of $45.00, indicating a potential upside of 10.27%. Given Enbridge's higher probable upside, research analysts clearly believe Enbridge is more favorable than Mplx.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
2 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.09
Mplx
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

54.6% of Enbridge shares are held by institutional investors. Comparatively, 24.3% of Mplx shares are held by institutional investors. 0.4% of Enbridge shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enbridge$32.33B2.37$4.59B$2.1017.20
Mplx$11.28B3.65$3.93B$3.8810.50

Mplx has a net margin of 34.96% compared to Enbridge's net margin of 13.97%. Mplx's return on equity of 32.13% beat Enbridge's return on equity.

Company Net Margins Return on Equity Return on Assets
Enbridge13.97% 10.23% 3.38%
Mplx 34.96%32.13%11.03%

Enbridge pays an annual dividend of $2.71 per share and has a dividend yield of 7.5%. Mplx pays an annual dividend of $3.40 per share and has a dividend yield of 8.3%. Enbridge pays out 129.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mplx pays out 87.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mplx is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Mplx had 7 more articles in the media than Enbridge. MarketBeat recorded 26 mentions for Mplx and 19 mentions for Enbridge. Enbridge's average media sentiment score of 1.01 beat Mplx's score of 0.36 indicating that Enbridge is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enbridge
10 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Mplx
7 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enbridge has a beta of 0.83, meaning that its share price is 17% less volatile than the S&P 500. Comparatively, Mplx has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500.

Summary

Mplx beats Enbridge on 12 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.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE 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.
Skip Chart

ENB vs. The Competition

MetricEnbridgePipelines, except natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$76.77B$18.75B$7.83B$17.32B
Dividend Yield7.63%7.08%11.66%3.58%
P/E Ratio17.2020.3017.7822.93
Price / Sales2.371.3297.2510.34
Price / Cash9.855.7610.9117.44
Price / Book1.802.803.444.89
Net Income$4.59B$1.51B$984.81M$964.63M
7 Day Performance-0.44%-2.47%-0.96%0.64%
1 Month Performance0.70%-2.55%-2.06%-2.64%
1 Year Performance-6.35%20.12%7.21%97.68%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MPLX
Mplx
1.6194 of 5 stars
$41.80
-0.4%
$43.86
+4.9%
+19.3%$42.25B$11.28B10.975,810Earnings Report
Analyst Report
Analyst Revision
News Coverage
EOG
EOG Resources
3.9201 of 5 stars
$132.13
-3.0%
$142.27
+7.7%
+9.5%$76.00B$24.19B10.163,050Dividend Announcement
Analyst Report
Short Interest ↑
Analyst Revision
News Coverage
CNQ
Canadian Natural Resources
4.9027 of 5 stars
$75.81
-3.1%
$94.00
+24.0%
+24.3%$81.28B$30.25B13.6810,272News Coverage
EQNR
Equinor ASA
0.9674 of 5 stars
$26.60
-1.9%
$28.25
+6.2%
-7.7%$83.03B$107.17B8.2323,000Short Interest ↑
SLB
Schlumberger
4.987 of 5 stars
$47.48
-3.5%
$68.72
+44.7%
-4.0%$67.87B$33.14B15.77111,000Analyst Downgrade
MPC
Marathon Petroleum
3.6802 of 5 stars
$181.92
-9.3%
$193.77
+6.5%
+46.1%$65.55B$150.31B7.7318,200Earnings Report
Analyst Upgrade
Buyback Announcement
News Coverage
High Trading Volume
PXD
Pioneer Natural Resources
3.7362 of 5 stars
$269.32
-1.6%
$264.10
-1.9%
+23.4%$62.92B$19.36B13.312,213Analyst Report
News Coverage
PSX
Phillips 66
4.3979 of 5 stars
$143.09
-5.6%
$157.43
+10.0%
+42.4%$61.22B$149.89B11.0114,000Earnings Report
Analyst Report
EPD
Enterprise Products Partners
4.5281 of 5 stars
$28.07
-1.8%
$32.58
+16.1%
+5.5%$60.86B$49.72B11.147,500Earnings Report
Ex-Dividend
Analyst Report
Analyst Revision
News Coverage
OXY
Occidental Petroleum
4.1202 of 5 stars
$66.15
-3.0%
$71.94
+8.8%
+5.4%$58.64B$28.92B16.9212,570Upcoming Earnings
Dividend Announcement
Analyst Revision

Related Companies and Tools

This page (NYSE:ENB) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners