ENB vs. TRP, PPL, CNQ, SU, IMO, CVE, ALA, KEY, GEI, and TPZ
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), Imperial Oil (IMO), Cenovus Energy (CVE), AltaGas (ALA), Keyera (KEY), Gibson Energy (GEI), and Topaz Energy (TPZ). These companies are all part of the "energy" sector.
TC Energy (TSE:TRP) and Enbridge (TSE:ENB) are both large-cap energy companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, valuation, dividends and community ranking.
79.3% of TC Energy shares are owned by institutional investors. Comparatively, 53.8% of Enbridge shares are owned by institutional investors. 0.0% of TC Energy shares are owned by insiders. Comparatively, 0.1% of Enbridge shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Enbridge received 151 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 70.10% of users gave Enbridge an outperform vote while only 62.12% of users gave TC Energy an outperform vote.
In the previous week, TC Energy had 3 more articles in the media than Enbridge. MarketBeat recorded 8 mentions for TC Energy and 5 mentions for Enbridge. Enbridge's average media sentiment score of 0.79 beat TC Energy's score of -0.16 indicating that TC Energy is being referred to more favorably in the media.
TC Energy presently has a consensus target price of C$55.35, indicating a potential upside of 1.53%. Enbridge has a consensus target price of C$53.65, indicating a potential upside of 11.56%. Given TC Energy's stronger consensus rating and higher possible upside, analysts plainly believe Enbridge is more favorable than TC Energy.
TC Energy has a net margin of 18.34% compared to TC Energy's net margin of 14.18%. TC Energy's return on equity of 9.47% beat Enbridge's return on equity.
TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.0%. Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.6%. TC Energy pays out 139.6% 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 pays out 128.9% 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 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.
TC Energy has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.
Summary
Enbridge beats TC Energy on 13 of the 20 factors compared between the two stocks.
Get Enbridge News Delivered to You Automatically
Sign up to receive the latest news and ratings for ENB and its competitors with MarketBeat's FREE daily newsletter.
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 ChartThis 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.
Skip Chart
Enbridge Competitors List
Related Companies and Tools