ENB - Enbridge Inc Stock Price, Fair Value and News

36.75USD-0.01 (-0.03%)Market Closed

Market Summary

USD36.75-0.01

Market Closed

-0.03%

ENB Stock Price

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ENB RSI Chart

ENB Valuation

Market Cap

78.1B

Price/Earnings (Trailing)

13.27

Price/Sales (Trailing)

1.83

EV/EBITDA

9.93

Price/Free Cashflow

8.9

ENB Price/Sales (Trailing)

ENB Profitability

EBT Margin

17.49%

Return on Equity

8.75%

Return on Assets

3.09%

Free Cashflow Yield

11.23%

ENB Fundamentals

ENB Revenue

Revenue (TTM)

42.6B

Rev. Growth (Yr)

-8.59%

Rev. Growth (Qtr)

-2.3%

ENB Earnings

Earnings (TTM)

5.9B

Earnings Growth (Yr)

-16.79%

Earnings Growth (Qtr)

-16.83%

Breaking Down ENB Revenue

Last 7 days

-2.8%

Last 30 days

10.3%

Last 90 days

6.8%

Trailing 12 Months

-0.8%

How does ENB drawdown profile look like?

ENB Financial Health

Current Ratio

0.68

Debt/Equity

1.21

Debt/Cashflow

0.17

ENB Investor Care

Dividend Yield

9.66%

Dividend/Share (TTM)

3.55

Shares Dilution (1Y)

5.01%

Diluted EPS (TTM)

2.65

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	42.6B	0	0	0
2023	50.3B	47.5B	45.8B	43.6B
2022	50.0B	52.2B	52.4B	53.3B
2021	39.3B	42.3B	44.6B	47.1B
2020	49.2B	43.9B	41.4B	39.1B
2019	46.5B	49.0B	49.3B	50.1B
2018	46.0B	45.6B	47.7B	46.4B
2017	36.9B	40.1B	40.8B	44.4B
2016	34.0B	34.2B	34.4B	34.6B
2015	36.7B	35.7B	34.8B	33.8B
2014	34.1B	35.3B	36.5B	37.6B
2013	26.7B	28.8B	30.9B	32.9B
2012	26.3B	25.7B	25.2B	24.7B
2011	0	0	0	26.8B
2010	0	0	0	21.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Enbridge Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 14, 2019	cunningham susan m	acquired	-	-	258	-
Jun 14, 2019	williams catherine lynne	acquired	-	-	690	-
Jun 14, 2019	england james herbert	acquired	-	-	1,229	-
Jun 05, 2019	monaco albert	bought	390,909	49.81	7,848	see remarks
Mar 26, 2019	yardley william t.	sold	-550,965	36.9775	-14,900	see remarks
Mar 22, 2019	cunningham susan m	acquired	-	-	146	-
Mar 22, 2019	williams catherine lynne	acquired	-	-	727	-
Mar 22, 2019	england james herbert	acquired	-	-	1,295	-
Mar 08, 2019	yardley william t.	back to issuer	-290,787	35.82	-8,118	see remarks
Mar 08, 2019	hansen cynthia l	back to issuer	-202,444	42.45	-4,769	see remarks

Which funds bought or sold ENB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	TANDEM CAPITAL MANAGEMENT CORP /ADV	reduced	-18.14	-130,319	602,940	0.34%
May 16, 2024	Ancora Advisors LLC	added	3.54	91,182	2,369,020	0.05%
May 16, 2024	HANCOCK WHITNEY CORP	sold off	-100	-209,564	-	-%
May 16, 2024	LBP AM SA	sold off	-100	-5,167,100	-	-%
May 16, 2024	JANE STREET GROUP, LLC	added	16.09	2,565,890	18,018,100	-%
May 16, 2024	FSA Wealth Management LLC	unchanged	-	91.00	7,091	-%
May 16, 2024	DCM Advisors, LLC	sold off	-100	-265,900	-	-%
May 16, 2024	Tidal Investments LLC	added	8.01	114,839	1,467,640	0.02%
May 16, 2024	Creekmur Asset Management LLC	added	4.11	46,954	1,073,490	0.37%
May 16, 2024	Garner Asset Management Corp	unchanged	-	22,005	398,000	0.20%

Are Funds Buying or Selling ENB?

Are funds buying ENB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ENB

No. of Funds

Unveiling Enbridge Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	blackrock inc.	5.0%	105,323,768	SC 13G/A
Feb 02, 2024	blackrock inc.	5.3%	112,141,551	SC 13G/A
Feb 09, 2023	blackrock inc.	5.3%	106,317,024	SC 13G/A
Feb 08, 2022	blackrock inc.	5.2%	105,484,148	SC 13G
Feb 16, 2021	capital international investors	3.8%	76,791,411	SC 13G/A
Feb 14, 2020	capital international investors	6.7%	135,674,856	SC 13G/A
Feb 14, 2020	capital world investors	0.7%	15,456,876	SC 13G

Recent SEC filings of Enbridge Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	424B5	Prospectus Filed
May 15, 2024	8-K	Current Report
May 10, 2024	10-Q	Quarterly Report
May 10, 2024	8-K	Current Report
May 09, 2024	8-K	Current Report
Apr 05, 2024	8-K	Current Report
Apr 04, 2024	424B5	Prospectus Filed
Apr 02, 2024	FWP	Prospectus Filed
Apr 02, 2024	424B5	Prospectus Filed
Mar 22, 2024	8-K	Current Report

Peers (Alternatives to Enbridge Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	78.1B	42.6B	10.26%	-0.81%	13.27	1.83	-15.26%	110.89%
EPD	62.0B	52.0B	0.60%	9.51%	11.08	1.19	-9.70%	0.25%
ET	53.8B	81.2B	4.79%	25.47%	13.24	0.66	-8.10%	-11.70%
KMI	43.7B	15.3B	10.92%	19.25%	17.79	2.86	-18.66%	-3.98%
LNG	36.7B	17.4B	2.16%	12.87%	7.41	2.1	-47.07%	-35.95%
PAA	12.2B	48.4B	0.06%	28.76%	11.34	0.25	-13.61%	-15.57%
MID-CAP
AM	7.2B	1.1B	9.30%	40.89%	18.45	6.77	10.45%	16.98%
ENLC	6.2B	6.8B	1.79%	38.22%	37.97	0.91	-24.85%	-57.72%
ETRN	6.0B	1.4B	13.37%	134.57%	13.33	4.37	-0.72%	272.22%
INSW	3.1B	1.1B	20.13%	66.90%	5.92	2.95	0.83%	-7.88%
HESM	2.8B	1.4B	1.99%	28.65%	19.78	2.02	10.36%	-29.40%
SMALL-CAP
GEL	1.6B	3.2B	11.30%	26.94%	12.27	0.51	7.09%	65.33%
GLP	1.5B	16.6B	-2.05%	39.57%	12.83	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	116.6M	734.3M	9.12%	26.69%	30.61	0.16	-25.40%	114.16%

Enbridge Inc News

Latest updates

Enbridge Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.3%	11,038	11,298	9,844	10,432	12,075	13,424	11,573	13,215	15,097	12,470	11,466	10,948	12,187	10,008	9,110	7,956	12,013	12,352	11,598	13,263	12,856
Costs and Expenses	-11.9%	8,327	9,453	8,050	8,082	9,413	13,964	9,795	11,695	12,677	10,417	10,078	9,132	9,639	7,757	7,015	5,858	10,500	10,584	10,010	10,978	10,237
S&GA Expenses	-100.0%	-	2,480	2,055	2,028	2,037	2,261	2,089	1,994	1,875	2,002	1,667	1,484	1,559	1,794	1,554	1,801	1,600	1,930	1,741	1,695	1,625
EBITDA Margin	0.1%	0.37*	0.37*	0.29*	0.29*	0.24*	0.23*	0.28*	0.26*	0.29*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-18.0%	905	1,103	921	883	905	863	806	791	719	732	648	618	657	685	718	681	706	697	644	637	685
Income Taxes	-41.9%	386	664	128	519	510	560	318	133	593	463	199	270	483	501	231	591	-549	433	255	436	584
Earnings Before Taxes	-12.6%	1,951	2,232	751	2,520	2,376	-549	1,701	740	2,650	2,428	1,013	1,791	2,497	2,400	1,335	2,368	-1,913	1,347	1,315	2,266	2,607
EBT Margin	-3.1%	0.17*	0.18*	0.11*	0.13*	0.08*	0.09*	0.14*	0.13*	0.16*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-16.8%	1,512	1,818	621	1,935	1,817	-983	1,362	595	2,029	1,933	780	1,484	1,992	1,871	1,084	1,741	-1,333	842	1,045	1,832	1,986
Net Income Margin	-2.6%	0.14*	0.14*	0.07*	0.09*	0.06*	0.06*	0.11*	0.10*	0.12*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-19.5%	1,966	2,442	1,893	2,475	2,737	2,170	942	1,580	1,891	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.8%	190,713	180,317	178,410	173,942	177,070	179,608	181,775	172,816	169,391	168,864	164,532	160,727	160,695	160,276	162,488	164,694	170,254	163,157	166,641	164,828	166,508
Current Assets	-30.5%	10,012	14,399	11,131	8,968	9,918	12,147	10,807	10,427	10,294	8,959	8,558	8,162	7,634	7,350	6,424	6,957	8,151	8,713	8,055	8,393	8,382
Cash Equivalents	-76.5%	1,385	5,901	2,608	1,030	976	861	1,057	1,088	454	320	515	459	524	490	692	497	840	676	872	767	757
Inventory	-6.5%	1,383	1,479	1,566	1,211	1,311	2,255	2,346	1,546	1,212	1,670	1,495	1,480	853	1,536	1,368	961	699	1,299	1,261	1,284	1,047
Net PPE	-	-	-	105,580	103,955	104,251	104,460	105,251	101,290	99,346	100,067	98,097	95,273	95,141	94,571	95,990	96,302	98,483	93,723	94,379	93,202	93,875
Goodwill	7.7%	34,294	31,848	32,390	31,886	32,411	32,440	392	33,277	32,503	32,775	268	32,014	32,365	32,688	33,832	34,387	35,549	33,153	33,668	33,342	33,895
Liabilities	6.5%	123,410	115,834	109,936	109,904	112,045	116,210	114,345	108,279	105,118	105,496	99,870	95,831	94,707	95,913	94,053	94,753	97,963	93,750	93,965	92,023	92,589
Current Liabilities	-15.6%	14,718	17,435	16,725	14,025	16,778	20,301	17,910	17,975	15,212	18,229	15,441	13,550	12,926	13,979	11,598	11,440	13,988	15,898	13,548	13,368	13,125
Short Term Borrowings	-16.2%	335	400	1,584	848	1,437	1,996	1,882	1,620	1,604	1,515	1,205	1,410	1,094	1,121	969	355	835	898	1,269	916	870
Long Term Debt	8.9%	81,386	74,715	68,793	72,530	71,740	72,939	73,960	70,005	70,490	67,961	65,036	63,090	62,688	62,819	62,967	63,680	63,571	59,661	60,879	60,017	60,680
Shareholder's Equity	9.5%	67,303	61,454	65,092	3,420	3,426	59,887	67,430	64,537	64,801	63,368	64,662	64,896	65,988	64,768	68,435	69,941	202	69,407	72,676	64,732	72.00
Retained Earnings	8.3%	-15,696	-17,115	-15,009	-13,746	-13,753	-15,486	-10,880	-10,418	-9,082	-10,989	-9,397	-8,388	-8,093	-9,995	-8,442	-7,797	-7,808	-6,314	-3,932	-3,392	-3,640
Additional Paid-In Capital	2.2%	274	268	276	291	274	275	312	305	316	365	324	324	324	277	265	207	202	187	206	194	72.00
Shares Outstanding	0.0%	2,126	2,125	2,126	2,023	2,025	2,025	2,025	2,025	2,026	2,026	2,026	2,026	-	-	-	-	-	-	-	-	-
Minority Interest	0.4%	3,042	3,029	3,382	3,420	3,486	3,511	2,598	2,539	2,536	2,542	2,575	2,870	2,930	2,996	3,231	3,315	3,448	3,364	3,389	3,451	3,614
Float	-	-	-	-	75,100	-	-	-	85,600	-	-	-	77,700	-	-	-	59,200	-	-	-	73,100	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-17.3%	3,151	3,812	3,084	3,439	3,866	3,613	2,144	2,534	2,939	1,890	2,313	2,489	2,564	2,254	2,302	2,416	2,809	1,993	2,735	2,494	2,176
Cashflow From Investing	-206.8%	-7,792	-2,540	-1,170	-896	-1,437	-2,112	-1,038	-802	-1,318	-4,750	-2,306	-1,643	-1,958	-1,533	-1,378	-996	-1,270	371	-1,572	-1,309	-2,148
Cashflow From Financing	-105.3%	-120	2,282	-376	-2,481	-2,289	-1,643	-1,180	-1,122	-1,483	2,658	41.00	-898	-565	-925	-721	-1,738	-1,386	-2,621	-1,066	-1,157	99.00
Dividend Payments	-100.0%	-	1,886	1,795	1,797	1,798	1,742	1,741	1,743	1,742	1,692	1,692	1,691	1,691	1,640	1,640	1,639	1,641	1,493	1,504	1,490	1,486
Buy Backs	-	-	-	-	125	-	-	-	101	50.00	-	-	-	-	-	-	-	-	-	-	-	-

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ENB Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($) $ in Millions	3 Months Ended
CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Operating revenues
Total operating revenues (Note 3)	$ 11,038	$ 12,075
Operating expenses
Operating and administrative	2,134	2,037
Depreciation and amortization	1,193	1,146
Total operating expenses	8,327	9,413
Operating income	2,711	2,662
Income from equity investments	696	517
Other income/(expense) (Note 11)	(551)	102
Interest expense	(905)	(905)
Earnings before income taxes	1,951	2,376
Income tax expense	(386)	(510)
Earnings	1,565	1,866
Earnings attributable to noncontrolling interests	(53)	(49)
Earnings attributable to controlling interests	1,512	1,817
Preference share dividends	(93)	(84)
Earnings attributable to common shareholders	$ 1,419	$ 1,733
Earnings per common share attributable to common shareholders (in Canadian dollars per share)	$ 0.67	$ 0.86
Diluted earnings common share attributable to common shareholders (in Canadian dollars per share)	$ 0.67	$ 0.85
Commodity sales
Operating revenues
Total operating revenues (Note 3)	$ 4,145	$ 4,783
Operating expenses
Commodity costs and gas distribution costs	4,006	4,636
Gas distribution sales
Operating revenues
Total operating revenues (Note 3)	1,699	2,279
Operating expenses
Commodity costs and gas distribution costs	994	1,594
Transportation and other services
Operating revenues
Total operating revenues (Note 3)	$ 5,194	$ 5,013

ENB Balance Sheet

2024-03-31

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - CAD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 1,214	$ 5,901
Restricted cash	171	84
Trade receivables and unbilled revenues	4,916	4,410
Other current assets	2,239	2,440
Inventory	1,383	1,479
Current assets	10,012	14,399
Property, plant and equipment, net	113,445	104,641
Long-term investments	17,438	16,793
Restricted long-term investments	743	717
Deferred amounts and other assets	9,782	8,041
Intangible assets, net	4,528	3,537
Goodwill	34,294	31,848
Deferred income taxes	471	341
Total assets	190,713	180,317
Current liabilities
Short-term borrowings	335	400
Trade payables and accrued liabilities	3,820	4,308
Other current liabilities	3,748	5,659
Interest payable	934	958
Current portion of long-term debt	5,861	6,084
Current liabilities	14,718	17,435
Long-term debt	81,386	74,715
Other long-term liabilities	10,619	8,653
Deferred income taxes	16,687	15,031
Total liabilities	123,410	115,834
Contingencies
Share capital
Preference shares	6,818	6,818
Common shares (2,126 and 2,125 outstanding at March 31, 2024 and December 31, 2023, respectively)	69,201	69,180
Additional paid-in capital	274	268
Deficit	(15,696)	(17,115)
Accumulated other comprehensive income (Note 8)	3,664	2,303
Total Enbridge Inc. shareholders’ equity	64,261	61,454
Noncontrolling interests	3,042	3,029
Equity	67,303	64,483
Total liabilities and equity	190,713	180,317
Related Party
Current assets
Accounts receivable from affiliates	89	85
Current liabilities
Accounts payable to affiliates	$ 20	$ 26

About Enbridge Inc

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in the natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. 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.

CEO	Mr. Gregory Lorne Ebel
WEBSITE	enbridge.com
INDUSTRY	Oil - Midstream
EMPLOYEES	11100

Enbridge Inc Frequently Asked Questions

What is the ticker symbol for Enbridge Inc? What does ENB stand for in stocks?

ENB is the stock ticker symbol of Enbridge Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Enbridge Inc (ENB)?

As of Fri May 17 2024, market cap of Enbridge Inc is 78.13 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ENB stock?

You can check ENB's fair value in chart for subscribers.

What is the fair value of ENB stock?

You can check ENB's fair value in chart for subscribers. The fair value of Enbridge Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Enbridge Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ENB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Enbridge Inc a good stock to buy?

The fair value guage provides a quick view whether ENB is over valued or under valued. Whether Enbridge Inc is cheap or expensive depends on the assumptions which impact Enbridge Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ENB.

What is Enbridge Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ENB's PE ratio (Price to Earnings) is 13.27 and Price to Sales (PS) ratio is 1.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ENB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Enbridge Inc's stock?

In the past 10 years, Enbridge Inc has provided 0.02 (multiply by 100 for percentage) rate of return.