Since last week, there have been two developments in provincial and federal agreements in Canada. First, British Columbia appeared to drop its objections to new pipelines. Second, Alberta and Ontario have proposed a new transcontinental oil pipeline entirely within Canada.
The Mainline system is critical to the Canadian oil sector and can expand capacity more effectively than competing pipelines.
Enbridge owns one of the best liquids pipelines for now, but competition could heat up with new entrants like Trans Mountain.
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Metric
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ENB
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EPD
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TRP
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|---|---|---|---|
Price/Earnings (Normalized) | 25.82 | 14.06 | 26.67 |
Price/Book Value | 2.90 | 2.83 | 3.94 |
Price/Sales | 2.43 | 1.64 | 6.38 |
Price/Cash Flow | 11.99 | 9.45 | 11.98 |
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Metric
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ENB
|
EPD
|
TRP
|
|---|---|---|---|
Quick Ratio | 0.52 | 0.50 | 0.33 |
Current Ratio | 0.81 | 0.91 | 0.65 |
Interest Coverage | 2.84 | 5.09 | 2.70 |
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Metric
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ENB
|
EPD
|
TRP
|
|---|---|---|---|
Return on Assets (Normalized) | 2.95% | 7.81% | 3.10% |
Return on Equity (Normalized) | 11.07% | 20.74% | 14.75% |
Return on Invested Capital (Normalized) | 5.97% | 11.79% | 6.07% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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|---|---|---|---|---|---|---|
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WMB
| LOCK|Tyw%C$j | LOCK|V<$%> | $90B | |||
| Enterprise Products Partners LP
EPD
| LOCK|<bfm<<h$ | LOCK|Z#Y | $83B | |||
| Kinder Morgan Inc Class P
KMI
| LOCK|vmDSQK | LOCK|z@bW> | $72B | |||
| TC Energy Corp
TRP
| LOCK|v<?bdxy | LOCK|nG<<j | $72B | |||
| Energy Transfer LP
ET
| LOCK|MZ< | LOCK|!jZ | $70B | |||
| ONEOK Inc
OKE
| LOCK|F#R%#X< | LOCK|w@cs | $58B | |||
| MPLX LP Partnership Units
MPLX
| LOCK|@nNDfz$ | LOCK|w%@k | $57B | |||
| Cheniere Energy Inc
LNG
| LOCK|^@mvG$H | LOCK|#V | $55B | |||
| Venture Global Inc Ordinary Shares - Class A
VG
| LOCK|hj>mKk | LOCK|yhL | $35B |
United States