Enbridge
ENB

$36.66

0.91%

Market Cap: 77.9B

About: 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.

Employees: 11,500

Energy Pipe Lines, Except Natural Gas

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 36 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

19% more call options, than puts

Call options by funds: $458M | Put options by funds: $384M

9% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 120

5% more repeat investments, than reductions

Existing positions increased: 438 | Existing positions reduced: 416

1% more funds holding

Funds holding: 1,169 [Q4 2023] → 1,180 (+11) [Q1 2024]

2% less capital invested

Capital invested by funds: $38.3B [Q4 2023] → $37.4B (-$895M) [Q1 2024]

1.37% less ownership

Funds ownership: 49.82% [Q4 2023] → 48.45% (-1.37%) [Q1 2024]

9% less funds holding in top 10

Funds holding in top 10: 35 [Q4 2023] → 32 (-3) [Q1 2024]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for ENB.

See Analyst Rankings

Financial journalist opinion

Based on 36 articles about ENB published over the past 30 days

Zacks Investment Research

Earnings Preview: Enbridge (ENB) Q2 Earnings Expected to Decline

Enbridge (ENB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Enbridge (ENB) Q2 Earnings Expected to Decline

Enbridge: The Case For Utility Re-Rating Upside

Enbridge has underperformed the broader market by a wide margin, and that might offer opportunity. The high leverage on the balance sheet elevates the risk but also allows for a more aggressive capital investment program. I am skeptical that growth rates will accelerate to management's long-term 5% target, but the 7.3% dividend yield is highly attractive all the same.

Enbridge: The Case For Utility Re-Rating Upside

Enbridge: Buy High Quality At A Discount

Tech stocks have fallen recently, highlighting the importance of having a well-balanced portfolio. Enbridge offers a 7.3% dividend yield, steady growth, and attractive valuation, making it a compelling investment opportunity. ENB's focus on incremental projects, strong balance sheet, and attractive valuation make it a solid choice for the current market.

Enbridge: Buy High Quality At A Discount

Zacks Investment Research

Enbridge (ENB) Rises Yet Lags Behind Market: Some Facts Worth Knowing

In the latest trading session, Enbridge (ENB) closed at $36.74, marking a +0.55% move from the previous day.

Enbridge (ENB) Rises Yet Lags Behind Market: Some Facts Worth Knowing

The Motley Fool

A Few Years From Now, You'll Wish You'd Bought This Undervalued High-Yield Stock

Enbridge has a historically high 7.4% dividend yield. The midstream company is slowly transitioning its business along with the broader global energy sector.

A Few Years From Now, You'll Wish You'd Bought This Undervalued High-Yield Stock

The Motley Fool

3 No-Brainer High-Yield Stocks to Buy With $1,000 Right Now

Enbridge is a midstream giant with a 29-year streak of annual dividend increases behind it and a 7.4% yield. WEC Energy is a boring utility stock, but its 4.1% yield is at the high end of the range over the past decade.

3 No-Brainer High-Yield Stocks to Buy With $1,000 Right Now

The Alberta Cancer Foundation's Enbridge Tour Alberta for Cancer Passes $100 Million Milestone in its 16th Year

STRATHMORE, Alberta, July 20, 2024 (GLOBE NEWSWIRE) -- Today, over 1,400 cyclists and their supporters are gathering in the Strathmore area for Alberta's largest cycling fundraiser, the Enbridge Tour Alberta for Cancer , supporting the Alberta Cancer Foundation. As the Tour celebrates its 16th year and over $7.3 million (and counting) raised this year alone, it also marks a historic milestone by surpassing $100 million in total funds raised.

The Alberta Cancer Foundation's Enbridge Tour Alberta for Cancer Passes $100 Million Milestone in its 16th Year

/C O R R E C T I O N from Source -- Enbridge Inc./

In the news release, Enbridge Inc. to Host Webcast to Discuss 2024 Second Quarter Results on August 2, issued 08-Jul-2024 by Enbridge Inc. over CNW, we are advised by the company that the Outside North America phone number should read 1-646-307-1689 and not 1-646-394-9615 as originally issued inadvertently. The complete, corrected release follows: Enbridge Inc. to Host Webcast to Discuss 2024 Second Quarter Results on August 2 CALGARY, AB , July 8, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 second quarter results on August 2, 2024, at 7 a.m.

/C O R R E C T I O N from Source -- Enbridge Inc./

Zacks Investment Research

Enbridge Inc (ENB) is Attracting Investor Attention: Here is What You Should Know

Enbridge (ENB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Enbridge Inc (ENB) is Attracting Investor Attention: Here is What You Should Know

Dividend Harvesting Portfolio Week 176: $17,600 Allocated, $1,580.69 In Projected Dividends

Dividend Harvesting Portfolio hits new records with highest account balance, largest ROI, and most dividend income since inception. Portfolio is well positioned for future with projected $1,800 in forward dividend income by end of 2024. Weekly dividend income continues to grow, with $29.61 collected in week 28 and weekly average up 61.50% YoY.

Dividend Harvesting Portfolio Week 176: $17,600 Allocated, $1,580.69 In Projected Dividends

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