Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. The company operates in five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution, Green Power and Transmission, and Energy Services. The Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The Gas Transmission and Midstream segment owns interests in natural gas pipelines, and gathering and processing facilities. The Gas Distribution segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as in Quebec and New Brunswick. The Green Power and Transmission segment operates renewable energy assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission facilities in the provinces of Alberta, Ontario, and Quebec, Canada; and in Colorado, Texas, Indiana, and West Virginia, the United States. The Energy Services segment provides energy supply and marketing services to refiners, producers, and other customers; crude oil and NGL marketing services; physical barrel marketing services; natural gas marketing services; and natural gas supply, transportation, balancing, and storage services for third parties. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENB
CUSIPN/A
Phone403-231-3900
Debt
Debt-to-Equity Ratio0.99
Current Ratio0.56
Quick Ratio0.47
Price-To-Earnings
Trailing P/E Ratio22.32
Forward P/E Ratio16.62
P/E Growth1.85
Sales & Book Value
Annual Sales$34.94 billion
Price / Sales1.69
Cash Flow$2.8159 per share
Price / Cash12.22
Book Value$26.39 per share
Price / Book1.30
Profitability
EPS (Most Recent Fiscal Year)$1.54
Net Income$2.21 billion
Net Margins5.99%
Return on Equity8.47%
Return on Assets3.05%
Miscellaneous
Employees12,700
Outstanding Shares1,715,420,000
Market Cap$59.23 billion
Enbridge (NYSE:ENB) Frequently Asked Questions
What is Enbridge's stock symbol?
Enbridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENB."
How often does Enbridge pay dividends? What is the dividend yield for Enbridge?
Enbridge declared a dividend on Thursday, August 2nd. Investors of record on Wednesday, August 15th will be given a dividend of $0.516 per share on Saturday, September 1st. The ex-dividend date of this dividend is Tuesday, August 14th. This is a positive change from Enbridge's previous dividend of $0.33. View Enbridge's Dividend History.
How were Enbridge's earnings last quarter?
Enbridge Inc (NYSE:ENB) posted its quarterly earnings data on Friday, August, 3rd. The pipeline company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.20. The pipeline company earned $8.33 billion during the quarter, compared to analyst estimates of $9.86 billion. Enbridge had a return on equity of 8.47% and a net margin of 5.99%. View Enbridge's Earnings History.
When is Enbridge's next earnings date?
What price target have analysts set for ENB?
7 Wall Street analysts have issued 1 year price objectives for Enbridge's shares. Their forecasts range from $37.00 to $59.00. On average, they expect Enbridge's stock price to reach $51.40 in the next year. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for Enbridge.
What is the consensus analysts' recommendation for Enbridge?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enbridge.
Are investors shorting Enbridge?
Enbridge saw a increase in short interest in August. As of August 31st, there was short interest totalling 38,722,677 shares, an increase of 15.3% from the August 15th total of 33,590,348 shares. Based on an average daily trading volume, of 3,326,151 shares, the short-interest ratio is currently 11.6 days. View Enbridge's Current Options Chain.
Who are some of Enbridge's key competitors?
Some companies that are related to Enbridge include Mplx (MPLX), Energy Transfer Partners (ETP), Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Phillips 66 Partners (PSXP), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), NuStar Energy (NS), Valero Energy Partners (VLP), BP Midstream Partners (BPMP) and Noble Midstream Partners (NBLX).
Who are Enbridge's key executives?
Enbridge's management team includes the folowing people:
- Mr. Al Monaco, Pres, CEO & Director (Age 58)
- Mr. John K. Whelen, Exec. VP & Chief Financial Officer (Age 58)
- Mr. Robert R. Rooney Q.C., LLB, QC, Exec. VP & Chief Legal Officer (Age 61)
- Mr. D. Guy Jarvis, Exec. VP of Liquids Pipelines & Major Projects and Pres of Liquids Pipelines (Age 54)
- Mr. William Turner Yardley, Exec. VP and Pres of Gas Transmission & Midstream (Age 53)
Has Enbridge been receiving favorable news coverage?
Press coverage about ENB stock has trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Enbridge earned a daily sentiment score of 0.18 on Accern's scale. They also gave media stories about the pipeline company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Enbridge.
Who are Enbridge's major shareholders?
Enbridge's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Caisse DE Depot ET Placement DU Quebec (2.93%), TD Asset Management Inc. (2.55%), CIBC Asset Management Inc (1.23%), Legal & General Group Plc (0.65%), Massachusetts Financial Services Co. MA (0.60%) and Great West Life Assurance Co. Can (0.59%). Company insiders that own Enbridge stock include Michael E J Phelps and Robert R Rooney. View Institutional Ownership Trends for Enbridge.
Which institutional investors are selling Enbridge stock?
ENB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, TD Asset Management Inc., CIBC Asset Management Inc, Miller Howard Investments Inc. NY, Commonwealth Bank of Australia, Sabal Trust CO and OppenheimerFunds Inc.. View Insider Buying and Selling for Enbridge.
Which institutional investors are buying Enbridge stock?
ENB stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Fiera Capital Corp, Addenda Capital Inc., Addenda Capital Inc., Tortoise Capital Advisors L.L.C., Mainstay Capital Management LLC ADV, Legal & General Group Plc and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for Enbridge.
How do I buy shares of Enbridge?
Shares of ENB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Enbridge's stock price today?
One share of ENB stock can currently be purchased for approximately $34.41.
How big of a company is Enbridge?
Enbridge has a market capitalization of $59.23 billion and generates $34.94 billion in revenue each year. The pipeline company earns $2.21 billion in net income (profit) each year or $1.54 on an earnings per share basis. Enbridge employs 12,700 workers across the globe.
How can I contact Enbridge?
Enbridge's mailing address is 200 Fifth Avenue Place 425 1st Street S.W., Calgary A0, T2P 3L8. The pipeline company can be reached via phone at 403-231-3900 or via email at [email protected]
MarketBeat Community Rating for Enbridge (NYSE ENB)
MarketBeat's community ratings are surveys of what our community members think about Enbridge and other stocks. Vote "Outperform" if you believe ENB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENB will underperform the S&P 500 over the long term. You may vote once every thirty days.
