Skip to Content

Enbridge Inc ENB

Morningstar Rating
$35.66 +0.24 (0.68%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Israel’s Response to Iran’s Strike Confirms Minimal Escalation View; Oil Markets Remain Oversupplied

Israel has launched strikes against Iran in retaliation for an attack on April 14 (see our April 15 note for more analysis). The limited scope of Israel’s attack, which also included targets in Syria and Iraq; Iran's subdued response; and the ample warning Israel provided confirm our view that both parties wish to de-escalate tensions. We’d characterize this as a de-escalation attack. This view is in line with broader US and Group of Seven goals.

Price vs Fair Value

ENB is trading at a 14% discount.
Price
$35.35
Fair Value
$74.00
Uncertainty
Medium
1-Star Price
$47.64
5-Star Price
$69.10
Economic Moat
Yxmvkvw
Capital Allocation
Rgymqmw

Bulls Say, Bears Say

Bulls

Enbridge is the liquids-focused version of gas-oriented Williams in terms of an attractive, highly regulated, utilitylike earnings profile.

Bears

Due to its size and profile, Enbridge is a lightning rod for ESG-related legal and stakeholder challenges across its assets, including Lines 3 and 5 and its small stake in the troubled Dakota Access pipeline.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ENB is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$35.42
Day Range
$35.2235.72
52-Week Range
$31.0340.30
Bid/Ask
$35.37 / $35.66
Market Cap
$75.80 Bil
Volume/Avg
5,615 / 5.9 Mil

Key Statistics

Price/Earnings (Normalized)
17.23
Price/Sales
2.27
Dividend Yield (Trailing)
7.40%
Dividend Yield (Forward)
7.49%
Total Yield
7.45%

Company Profile

Enbridge owns extensive midstream assets that transport hydrocarbons across the us and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Large Value
Total Number of Employees
11,500

Competitors

Valuation

Metric
ENB
KMI
TRP
Price/Earnings (Normalized)
17.2316.9311.33
Price/Book Value
1.841.371.83
Price/Sales
2.272.743.13
Price/Cash Flow
8.346.657.07
Price/Earnings
ENB
KMI
TRP

Financial Strength

Metric
ENB
KMI
TRP
Quick Ratio
0.620.330.68
Current Ratio
0.830.500.96
Interest Coverage
3.042.802.46
Quick Ratio
ENB
KMI
TRP

Profitability

Metric
ENB
KMI
TRP
Return on Assets (Normalized)
3.23%3.46%3.89%
Return on Equity (Normalized)
10.46%7.89%15.19%
Return on Invested Capital (Normalized)
6.00%6.00%6.59%
Return on Assets
ENB
KMI
TRP
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas Midstream Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
EPD
Enterprise Products Partners LPBmjvrvvxwrCls$63.0 Bil
ET
Energy Transfer LPCxgqNhln$53.4 Bil
WMB
Williams Companies IncCxhlczmJztzxpg$47.1 Bil
OKE
ONEOK IncJghxlhgztGcjtvyh$46.9 Bil
MPLX
MPLX LP Partnership UnitsLczrqccmYkjpjk$42.2 Bil
KMI
Kinder Morgan Inc Class PLkkvggvHgcjpjn$41.7 Bil
TRP
TC Energy CorpLvcjjqbxCsktr$37.3 Bil
LNG
Cheniere Energy IncLzlsjggCgkvt$36.3 Bil
TRGP
Targa Resources CorpSttdphpmmKdxw$26.0 Bil

Sponsor Center