LIVE

ENB

Enbridge Inc.

ENB

NYSE·Energy·Oil & Gas Midstream·Mkt cap $116.4B

$53.63

+0.64%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$43.59 - $58.45

P/E

16.55

Fwd P/E

16.91

Beta

0.81

Div Yield

4.97%

Avg Vol

4.3M

Shares Out

2.2B

Mkt Cap

$116.4B

Price action

Price chart

Up 19.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive North American pipeline network with high barriers to entry
  • Regulated utility assets providing stable, predictable cash flows
  • Diversified energy portfolio spanning fossil fuels and renewables
  • Strategic geographic position connecting major energy markets

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 1.1x vs Midstream & Pipelines peers. Reasonable for this growth rate.

Growth

Revenue decline expected

Increasing demand for energy infrastructure and midstream services

Value

Growth premium of 1.1x vs Midstream & Pipelines peers. Reasonable for this growth rate.

Momentum

Stable

-1.6% over 3m

Quality

Stable

High-growth business (74% revenue growth, 33% gross margin). Profitable with strong growth momentum.

Dividend

Solid

4.97% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 31, 2026

Q2 26 RECAP

MAY 8, 2026

Reported EPS of $0.71 vs $0.69 consensus (+2.9% surprise). Revenue of $16.1B vs $8.5B expected (+89.4%). Beat on both top and bottom lines.

EPS beat +2.9%
Rev beat +89.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+2.9%

Next: Jul 31, 2026

Revenue trend · last 8Q

+68%

+31%

-2%

+6%

+130%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$8.3B

$10.9B

$11.9B

$13.6B

$14.9B

$14.6B

$17.2B

$31.3B

Margins · last 8Q

Gross

27.6%

Operating

16.2%

Profit

7.8%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: RBC Capital · May 11, 2026

vs Industry

How ENB stacks vs Oil & Gas Midstream

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.