ENB - Enbridge - Stock Price & Dividends

Exchange: USA Stocks • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA29250N1050

Crude Oil, Natural Gas, Renewable Energy

Enbridge Inc. is a leading energy infrastructure company that operates through five distinct business segments, each playing a critical role in the energy value chain.

The Liquids Pipelines segment is responsible for transporting various grades of crude oil and other liquid hydrocarbons across Canada and the United States through an extensive network of pipelines and terminals. This segment is a vital link between oil producers and refineries, ensuring a reliable supply of energy to meet growing demand.

The Gas Transmission and Midstream segment focuses on investing in natural gas pipelines and gathering and processing facilities in Canada and the United States. This segment enables the efficient transportation and processing of natural gas, providing a clean-burning fuel source for power generation, industrial applications, and heating homes.

The Gas Distribution and Storage segment serves as a natural gas utility provider, delivering safe and reliable energy to residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. This segment is committed to providing exceptional customer service and ensuring the reliable supply of natural gas to meet the energy needs of local communities.

The Renewable Power Generation segment is dedicated to generating clean energy through a diverse portfolio of power generating assets, including wind, solar, geothermal, waste heat recovery, and transmission assets across North America. This segment is driving the transition to a low-carbon future, reducing greenhouse gas emissions, and promoting sustainable energy development.

The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. This segment offers a range of services, including supply and marketing, transportation, and storage, helping customers optimize their energy operations and navigate complex energy markets.

With a rich history dating back to 1949, Enbridge Inc. has evolved into a leading energy infrastructure company, formerly known as IPL Energy Inc. and renamed in October 1998. Headquartered in Calgary, Canada, Enbridge Inc. is committed to delivering energy safely, reliably, and sustainably to meet the growing energy demands of North America.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for ENB - Enbridge  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for ENB - Enbridge  - Stock Price & Dividends

ENB Stock Overview

Market Cap in USD 75,734m
Sector Energy
Industry Oil & Gas Midstream
GiC SubIndustry Oil & Gas Storage & Transportation
TER 0.00%
IPO / Inception 1990-03-27

ENB Stock Ratings

Growth 5y 44.4
Fundamental 2.80
Dividend 71.5
Rel. Performance vs Sector -0.26
Analysts 3.71/5
Fair Price Momentum 37.90 USD
Fair Price DCF 109.66 USD

ENB Dividends

Dividend Yield 12m 7.25%
Yield on Cost 5y 11.20%
Dividends CAGR 5y 3.48%
Payout Consistency 96.8%

ENB Growth Ratios

Growth 12m 8.53%
Growth Correlation 12m 58%
Growth Correlation 3m -5%
CAGR 5y 9.07%
CAGR/Mean DD 5y 0.73
Sharpe Ratio 12m 0.18
Alpha vs SP500 12m -10.03
Beta vs SP500 5y weekly 0.85
ValueRay RSI 71.39
Volatility GJR Garch 1y 13.04%
Price / SMA 50 2.12%
Price / SMA 200 6.76%
Current Volume 3064.6k
Average Volume 20d 3902.7k

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What is the price of ENB stocks?
As of July 27, 2024, the stock is trading at USD 36.66 with a total of 3,064,576 shares traded.
Over the past week, the price has changed by +0.33%, over one month by +3.74%, over three months by +4.18% and over the past year by +7.41%.
What are the forecast for ENB stock price target?
According to ValueRays Forecast Model, ENB Enbridge will be worth about 40.9 in July 2025. The stock is currently trading at 36.66. This means that the stock has a potential upside of +11.65%.
Issuer Forecast Upside
Wallstreet Target Price 39.3 7.17
Analysts Target Price 39.4 7.58
ValueRay Target Price 40.9 11.6

Enbridge Inc: History, Business Focus, and Market Status

The History of Enbridge Inc

Founded in 1949, Enbridge Inc has grown from a modest pipeline operator in Canada to a leading energy transportation and distribution company in North America. The company initially focused on transporting crude oil from Western Canada to refineries in the east, gradually expanding its operations to include natural gas transmission and distribution, as well as renewable energy projects.

Core and Side Businesses

Enbridge's primary business involves the operation of the world's longest crude oil and liquids transportation system, connecting key supply basins with refining markets across North America. The company's pipelines transport approximately 25% of the crude oil produced in North America, and it handles nearly 20% of all natural gas consumed in the U.S.

Besides its pipeline operations, Enbridge is also invested in natural gas distribution and storage, as well as renewable energy projects, including wind, solar, and geothermal power. These side ventures represent Enbridge's commitment to sustainable energy and provide a diversified income stream.

Current Market Status

As of the current date, Enbridge Inc (NYSE:ENB) remains a leading figure in the energy sector, consistently demonstrating resilient financial performance despite fluctuating oil and gas prices. The company's strategic investments in pipeline expansion, renewable energy, and technological innovations have positioned it well for future growth. The stock is considered a stable investment, attractive for its dividend yield and long-term growth potential in the evolving energy landscape.