Enbridge Company Profile (TSE:ENB)

About Enbridge

Enbridge logoEnbridge Inc. (Enbridge) is an energy transportation and distribution company. The Company operates through five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. The Company operates the crude oil and liquids transportation system in Canada and the United States. The Company also has involvement in natural gas gathering, transmission and midstream businesses. It provides natural gas distribution services in Ontario, Quebec, New Brunswick and New York State. As a generator of energy, Enbridge has interests in over 2,200 megawatts (MW) of renewable and alternative energy generating capacity and is involved in holding its interests in wind, solar and geothermal power. Gas Pipelines, Processing and Energy Services segment consists of investments in natural gas pipelines, gathering and processing facilities and its energy services businesses, along with renewable energy and transmission facilities.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: ENB
  • CUSIP:
Key Metrics:
  • Previous Close: $54.97
  • 50 Day Moving Average: $56.70
  • 200 Day Moving Average: $56.33
  • 52-Week Range: C$938,603,000.00 - C$41.01
  • Trailing P/E Ratio: 28.48
  • P/E Growth: 4.40
  • Market Cap: $51846.97B
  • Outstanding Shares: 938,603,000
Additional Links:

Analyst Ratings

Consensus Ratings for Enbridge (TSE:ENB) (?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: C$61.07

Analysts' Ratings History for Enbridge (TSE:ENB)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017National Bank FinancialBoost Price TargetC$63.00 -> C$66.00View Rating Details
1/18/2017Citigroup Inc.Reiterated RatingNeutralC$60.00View Rating Details
12/19/2016Royal Bank Of CanadaBoost Price TargetOutperformC$64.00 -> C$69.00View Rating Details
11/4/2016ScotiabankReiterated RatingOutperformC$61.00View Rating Details
11/4/2016TD SecuritiesReiterated RatingBuyC$62.00View Rating Details
9/8/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> BuyC$56.00 -> C$63.00View Rating Details
9/7/2016FirstEnergy CapitalUpgradeMarket Perform -> OutperformC$55.00 -> C$68.00View Rating Details
9/7/2016CIBCBoost Price TargetC$63.00 -> C$71.00View Rating Details
9/7/2016Canaccord GenuityBoost Price TargetBuyC$57.00 -> C$60.00View Rating Details
9/1/2016Bank of America CorpReiterated RatingNeutralC$56.00View Rating Details
7/25/2016CSFBBoost Price TargetC$54.00 -> C$58.00View Rating Details
7/7/2016BMO Capital MarketsBoost Price TargetC$55.00 -> C$58.00View Rating Details
3/8/2016Credit Suisse GroupReiterated RatingNeutralC$54.00View Rating Details
2/22/2016FirstEnergy CorporationLower Price TargetC$65.00 -> C$50.00View Rating Details
2/22/2016Barclays PLCLower Price TargetOverweightC$62.00 -> C$60.00View Rating Details
12/15/2015J P Morgan Chase & CoInitiated CoverageOverweightC$65.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Enbridge (TSE:ENB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/17/2017        
8/4/2014$0.40$0.40ViewN/AView Earnings Details
5/8/2014$0.57$0.60ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Enbridge (TSE:ENB)
Current Year EPS Consensus Estimate: $2.34 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.58$0.58$0.58
Q3 20161$0.49$0.49$0.49
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Enbridge (TSE:ENB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/5/2017quarterlyC$0.584.12%2/13/20172/15/20173/1/2017
11/10/2016QuarterlyC$0.533.86%11/10/201612/1/201612/1/2016
8/11/2016QuarterlyC$0.533.95%8/11/20169/1/20169/1/2016
4/22/2016quarterlyC$0.534.01%5/12/20165/16/20166/1/2016
12/3/2015quarterlyC$0.534.67%2/11/20162/16/20163/1/2016
11/12/2015QuarterlyC$0.473.52%11/12/201512/1/201512/1/2015
8/12/2015QuarterlyC$0.473.26%8/12/20159/1/20159/1/2015
5/6/2015quarterlyC$0.473.05%5/13/20155/15/20156/1/2015
2/11/2015QuarterlyC$0.473.02%2/11/20153/1/20153/1/2015
10/22/2014quarterlyC$0.352.64%11/12/201411/14/201412/1/2014
7/30/2014quarterlyC$0.352.55%8/13/20148/15/20149/1/2014
4/23/2014quarterlyC$0.352.67%5/13/20145/15/20146/1/2014
12/4/2013quarterlyC$0.353.02%2/12/20142/14/20143/1/2014
10/30/2013quarterlyC$0.3211/15/201312/1/2013
8/1/2013quarterlyC$0.328/15/20139/1/2013
4/24/2013quarterlyC$0.325/15/20136/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Enbridge (TSE:ENB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/16/2016Jody BalkoDirectorSell15,100C$50.48C$762,248.00
3/11/2016Karen RadfordInsiderSell21,781C$50.90C$1,108,652.90
3/7/2016David Thomas RobottomInsiderSell15,221C$50.00C$761,050.00
3/7/2016Jody BalkoDirectorSell15,100C$49.99C$754,849.00
3/3/2016Christopher James JohnstonInsiderBuy885C$47.25C$41,816.25
3/1/2016Wanda Marie OpheimDirectorBuy400C$40.70C$16,280.00
2/26/2016Curtis Gregory HarperInsiderBuy1,388C$34.76C$48,246.88
2/26/2016Jody BalkoDirectorSell17,000C$47.50C$807,500.00
2/25/2016Marcel R CoutuDirectorBuy9,400C$40.70C$382,580.00
12/30/2015Steven Ray BloxomInsiderSell21,800C$45.49C$991,682.00
12/29/2015Dan Curtis TutcherDirectorSell23,300C$33.77C$786,817.70
12/28/2015Dan Curtis TutcherDirectorSell14,200C$33.02C$468,884.00
12/22/2015Leon Anthony ZupanDirectorSell16,200C$44.11C$714,582.00
12/10/2015Jody BalkoDirectorSell3,487C$43.78C$152,660.86
11/18/2015Rebecca Brown RobertsDirectorBuy2,700C$37.13C$100,252.89
10/2/2015Jody BalkoDirectorSell7,000C$49.83C$348,810.00
9/9/2015David Thomas RobottomInsiderSell16,171C$54.19C$876,306.49
6/26/2015Albert MonacoDirectorSell284,736C$59.11C$16,831,428.33
6/25/2015Leigh Dawn KellnInsiderSell6,740C$60.19C$405,680.60
5/11/2015Glenn William BeaumontDirectorSell2,600C$62.06C$161,356.00
4/1/2015Stephen John WuoriInsiderSell140,098C$60.73C$8,508,151.54
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Enbridge (TSE:ENB)
DateHeadline
theglobeandmail.com logoNot all proposed oil pipelines needed, Enbridge CEO says (TSE:ENB)
www.theglobeandmail.com - February 19 at 4:31 PM
seekingalpha.com logoEnbridge Inc. 2016 Q4 - Results - Earnings Call Slides (TSE:ENB)
seekingalpha.com - February 19 at 4:31 PM
News IconUPDATE 2-Enbridge reports quarterly profit, North Sea windfarm stake (TSE:ENB)
www.businessinsider.com - February 18 at 4:39 PM
finance.yahoo.com logoEnbridge Files 2016 Year End Disclosure Documents (TSE:ENB)
finance.yahoo.com - February 18 at 10:13 AM
reuters.com logoCanada's Enbridge post drop in profit, hurt by charges | Reuters - Reuters UK (TSE:ENB)
uk.reuters.com - February 17 at 5:58 PM
reuters.com logoUPDATE 3-Enbridge CEO says Canada only needs two more export ... - Reuters (TSE:ENB)
www.reuters.com - February 17 at 5:58 PM
finance.yahoo.com logoEnbridge Inc. Reports Fourth Quarter 2016 Results - Yahoo Finance - Yahoo Finance (TSE:ENB)
finance.yahoo.com - February 17 at 5:58 PM
finance.yahoo.com logoEnbridge Inc. and Enbridge Energy Partners, LP Close Bakken Pipeline System Acquisition - Yahoo Finance (TSE:ENB)
finance.yahoo.com - February 17 at 5:58 PM
News IconEnbridge Inc (USA) (ENB) Releases Earnings Results, Misses ... - Highland Mirror (TSE:ENB)
www.highlandmirror.com - February 17 at 5:58 PM
seekingalpha.com logoEnbridge-Spectra Energy merger cleared by FTC, with conditions - Seeking Alpha (TSE:ENB)
seekingalpha.com - February 17 at 5:58 PM
business.financialpost.com logoEnbridge Inc invests $1.7 billion in German wind park in North Sea, one of Europe's largest yet - Financial Post (TSE:ENB)
business.financialpost.com - February 17 at 5:58 PM
News IconAmid persistent Line 5 pipeline worries, Michigan promises impartiality (TSE:ENB)
greatlakesecho.org - February 14 at 5:53 PM
finance.yahoo.com logoMPLX Subsidiary Signs a Deal to Buy Ozark Pipeline for $220M (TSE:ENB)
finance.yahoo.com - February 14 at 5:53 PM
seekingalpha.com logoA Reliable Pipeline Yielding 6% With A 10% DGR Through 2019 (TSE:ENB)
seekingalpha.com - February 13 at 5:44 PM
business.financialpost.com logoOil firms resume rail shipments as crude oil pipelines fill up again (TSE:ENB)
business.financialpost.com - February 13 at 5:44 PM
News IconMega pipeline deal would mask oil and gas slump, says memo to Canadian minister (TSE:ENB)
www.nationalobserver.com - February 13 at 5:44 PM
News IconEnbridge pipeline spill in Texas ignored in DAPL final approval (TSE:ENB)
www.digitaljournal.com - February 12 at 4:54 PM
News Icon‘Wisconsin hurt by pipeline plan’ (TSE:ENB)
www.beloitdailynews.com - February 11 at 5:03 PM
nasdaq.com logoEnbridge Inc (ENB) Ex-Dividend Date Scheduled for February 13, 2017 - Nasdaq (TSE:ENB)
www.nasdaq.com - February 11 at 3:29 AM
News IconAmid persistent Line 5 pipeline worries, impartiality promised (TSE:ENB)
www.miningjournal.net - February 10 at 5:28 PM
forbes.com logoEx-Div Reminder for Enbridge - Forbes (TSE:ENB)
www.forbes.com - February 9 at 5:33 PM
bloomberg.com logoArctic Oil Town Fears Future as Imperial’s 1920s Wells Shut (TSE:ENB)
www.bloomberg.com - February 9 at 5:33 PM
uk.finance.yahoo.com logoOil up after gasoline stock draw, but market bloated (TSE:ENB)
uk.finance.yahoo.com - February 9 at 5:33 PM
bloomberg.com logoArctic Oil Town Fears Future as Imperial’s 1920-Era Wells Shut (TSE:ENB)
www.bloomberg.com - February 9 at 3:32 AM
News IconDog Food Sold in Minnesota Recalled for Pentobarbital Contamination (TSE:ENB)
mundoaguaysaneamiento.net - February 8 at 5:28 PM
News IconEnbridge Inc (NYSE:ENB) reported Beta of 0.63 (TSE:ENB)
prensariotiretail.com - February 8 at 5:28 PM
News IconTwitter, America is great, oil spill in Collin County, Christians, Muslims (TSE:ENB)
www.dallasnews.com - February 6 at 5:00 PM
News IconOut To Pasture, Plains All American Permian & More! (TSE:ENB)
thesurge.com - February 6 at 5:00 PM
News IconA look from Top to Bottom on Enbridge Inc. (ENB.TO) - Rives Journal (TSE:ENB)
rivesjournal.com - February 6 at 5:00 PM
News IconEnbridge Inc (NYSE:ENB) reported Beta of 0.63 - The Newburgh Press (TSE:ENB)
newburghpress.com - February 6 at 5:00 PM
capitalcube.com logoEnbridge, Inc. breached its 50 day moving average in a Bullish Manner : ENB-CA : February 6, 2017 (TSE:ENB)
www.capitalcube.com - February 6 at 9:43 AM
marketwatch.com logoEnbridge Gas Distribution's 13th Annual Winterlude Pancake Breakfast (TSE:ENB)
www.marketwatch.com - February 4 at 5:05 PM
finance.yahoo.com logoResearch Reports Initiated on Energy Stocks Enbridge, TransCanada, Pembina Pipeline, and Veresen (TSE:ENB)
finance.yahoo.com - February 3 at 5:21 PM
bizjournals.com logoDeal of the Week: Enbridge to take partnership private in $170M deal (TSE:ENB)
www.bizjournals.com - February 3 at 3:29 AM
nasdaq.com logoEnbridge's Preference Series 1 Shares Cross 4.5% Yield Mark - Nasdaq (TSE:ENB)
www.nasdaq.com - February 1 at 5:32 PM
fool.ca logoEnbridge Inc. Takes the 1st Step Towards Sorting Out its MLPs - The Motley Fool Canada (TSE:ENB)
www.fool.ca - February 1 at 5:32 PM
News IconTakeover of Midcoast Energy Partners LP (NYSE:MEP) Under Investigation for Investors (TSE:ENB)
www.military-technologies.net - January 31 at 5:39 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Enbridge Inc (NYSE:ENB)? - Wall Street Beacon (TSE:ENB)
wsbeacon.com - January 31 at 1:31 AM
nasdaq.com logoEnbridge a Top Ranked SAFE Dividend Stock With 5.4% Yield (TSE:ENB)
www.nasdaq.com - January 30 at 12:23 PM
News IconCidel Asset Management Inc Boosts Position by $70587612 in Enbridge Inc (USA) (ENB) - Highland Mirror (TSE:ENB)
www.highlandmirror.com - January 29 at 5:02 PM
News IconAre Analysts Predicting a Near-Term Upswing For Enbridge Inc (NYSE:ENB)? - Wall Street Beacon (TSE:ENB)
wsbeacon.com - January 27 at 11:39 PM
rttnews.com logoEnbridge To Take Private Midcoast Energy Partners LP - Quick Facts (TSE:ENB)
www.rttnews.com - January 27 at 6:37 PM
News Icon'It's a big question for us, too': Sask. government to investigate Tundra Energy leak detection systems (TSE:ENB)
thestarphoenix.com - January 27 at 6:37 PM
News IconIs Enbridge Inc. (NYSE:ENB), a large market cap stock a smart buy? (TSE:ENB)
twincountynews.com - January 27 at 6:37 PM
finance.yahoo.com logoEnbridge Announces Privatization of Midcoast Energy Partners LP and Provides Update on Enbridge Energy Partners Strategic Review (TSE:ENB)
finance.yahoo.com - January 27 at 6:37 PM
News IconEnbridge INC (ENB) Holder Great West Life Assurance Company Has Increased Its Stake (TSE:ENB)
randolphguide.com - January 27 at 6:37 PM
News IconEnbridge Inc (NYSE:ENB) News Impact Score At 37 - Stock Observer (TSE:ENB)
www.thestockobserver.com - January 27 at 6:37 PM
reuters.com logoEnbridge to take Midcoast Energy Partners private for $170 mln - Reuters (TSE:ENB)
www.reuters.com - January 27 at 6:37 PM
reuters.com logoEnbridge to take Midcoast Energy Partners private for $170 million - Reuters (TSE:ENB)
www.reuters.com - January 27 at 6:37 PM
News IconTundra Energy committed to 'restoring' site of oil spill from pipeline: president (TSE:ENB)
thestarphoenix.com - January 26 at 11:19 PM

Social

What is Enbridge's stock symbol?

Enbridge trades on the Tornton Stock Exchange (TSX) under the ticker symbol "ENB."

How often does Enbridge pay dividends? What is the dividend yield for Enbridge?

Enbridge declared a quarterly dividend on Thursday, January 5th. Stockholders of record on Wednesday, February 15th will be paid a dividend of 0.583 per share on Wednesday, March 1st. This represents a $2.33 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Monday, February 13th. This is an increase from Enbridge's previous quarterly dividend of $0.53.

Where is Enbridge's stock going? Where will Enbridge's stock price be in 2017?

14 brokerages have issued 1-year price objectives for Enbridge's stock. Their forecasts range from C$50.00 to C$71.00. On average, they anticipate Enbridge's share price to reach C$61.07 in the next year.

When will Enbridge announce their earnings?

Enbridge is scheduled to release their next quarterly earnings announcement on Friday, February, 17th 2017.

How do I buy Enbridge stock?

Shares of Enbridge and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Enbridge stock cost?

One share of Enbridge stock can currently be purchased for approximately C$54.97.

Enbridge (TSE:ENB) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Enbridge (TSE:ENB)

Earnings History Chart

Earnings by Quarter for Enbridge (TSE:ENB)

Dividend History Chart

Dividend Payments by Quarter for Enbridge (TSE:ENB)

Last Updated on 2/19/2017 by MarketBeat.com Staff