TSE:ENB

Enbridge (ENB.TO)

71.74
-0.11 (0.15%)
as of Aug 12, 2026, 8:00:00 pm Market Open.
2692 watching
0
Investor Insights
star iconAug 12, 2026, 12:00 am

This summary was created by AI, based on 37 opinions in the last 12 months.

Enbridge (ENB) is recognized as a leading pipeline company in North America, benefiting from a robust infrastructure and serving a significant portion of energy demand, including both crude oil and natural gas. Analysts note its attractive dividend yield, which hovers around 5%, with a potential for growth aligned with the company's cash flow increase of approximately 5% annually. While some experts express concerns about market volatility and the current geopolitical landscape affecting energy markets, many view ENB as a stable investment option, particularly for those seeking dividend income. The company is also seen as a solid long-term hold, with expectations around growth from its LNG operations and ongoing capital projects. Overall, despite mixed valuations at times, the consensus leans towards a positive outlook for its performance amid increasing demand for energy infrastructure.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TRP
TOP PICK
Company moves 62% of Canadian crude shipped to USA, and 18% of natural gas. Very strong balance sheet. USA hungry for Canadian supply energy. A lot of revenue contracted, which decreases risk. Getting premium dividend yield.
SELL ON STRENGTH
More of a trade. EPS is $3.08 for this year, and it pays out $3.45. Model price of $55.20, or -1%. Get out at $59. If we had a major correction, look at buying it again at $43.
BUY
It pays over 6% dividend, though dividend growth has slowed to 3%. A solid business in moving oil through pipelines; the world will use oil for 25 years longer or more. It won't benefit much from the oil price surge, because of existing contracts ENG signed.
PARTIAL SELL
Dividend safe? Company has dialled back dividend growth recently, so payout ratio doesn't get too high. Yield is very healthy. Fairly safe for an RRSP. Short-term risk of open-ended mainline contracting. Latest rally leaves little room for disappointment. Perhaps sell half and diversify to TRP.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The current dividend yield at 6.1%. The current payout is 77% which is a decent ratio. Investors are comfortable with ENB for its historical EBITDA margin expansion. Outlook remains quite positive. Not rapid growth but likely good growth and profitability with a solid dividend yield. Unlock Premium - Try 5i Free

COMMENT
ENB vs. TRP Nice yield, but it's paying out too much. Balance sheet is slipping. Still waiting for US acquisition to produce solid earnings. Shares running up against strong technical resistance of $37. FMV is only 15% higher. Do you hang on and wait, or sell at technical resistance? Flip a coin and choose. As for TRP, it's almost right at 2x book, which is significant technical support/resistance. Which means potential for $86 on the upside, $60 on the downside. Take that coin and flip it again. He's not trying to be cute. Sometimes share direction is in the lap of the gods. If you simply hang on, you'll be all right as you earn a dividend while you wait. Depends on your time horizon and short-term risk tolerance. If you have a long horizon, sit back and enjoy the income, and don't look at the share price every week.
PAST TOP PICK
(A Top Pick Jan 08/21, Up 35%) Really likes, own for income. Resilient business model, very strong cashflows. Still a buy.
TRADE
Received a good research report this morning. He has downgraded from sector outperform to sector perform with slow growth rate. Not buying since there are better choices in energy infrastructure space eg. Pembina, Keyera, Alta Gas.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Sales were $12.47B, which was 7% better than estimates. EPS missed but profit rose with pipeline capacity being good. Nothing noteworthy in the report, business as usual. Trading at 17x earnings which is attractive. Unlock Premium - Try 5i Free

SELL
Six months ago, he moved from ENB to CVE (but sold CVE as it got close to $20). Growing in US, but spending capital to sustain their business. An awful lot of debt. No growth plan. Market's making noises about restricting access to capital. He prefers KEY in the pipeline space, smaller with an easier business model.
PAST TOP PICK
(A Top Pick Jan 06/21, Up 33%) Good year last year, with share price and Line 3. Made a quiet, strategic acquisition of an offshore oil export facility at a good price. More cashflow coming in. Dividend north of 6%. Likes it short, medium, and long term.
BUY
ENB vs. TRP Tough call, he owns both. Quite similar, but different. Loves infrastructure, as it's impossible to build more these days. ENB is more oily, whereas TRP is more into nat gas. Both solid, dividend growers, great cashflow. TRP is more focused on renewables. Both going in that direction. Both stocks were hammered recently for different reasons, buying opportunity.
BUY
ENB vs. TRP vs. PPL Mid-stream assets are strategic, critical, long-life, and attract high valuations. His preference would be ENB or PPL, on valuation and business mix. But he wouldn't quarrel with buying TRP.
BUY
Model price of $56.41, 14% upside. Gap between dividend and earnings is closing. Likes it. Would own it here. Yield of 6.76%.
COMMENT
Likes Enbridge as company is strong. Dividend yield (7%) and valuation is reasonable. Shipping more natural gas than oil. Stable earnings and is not influenced by commodity price.
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