TSE:ENB

Enbridge (ENB.TO)

76.70
-0.02 (0.03%)
as of Jul 3, 2026, 8:00:00 pm Market Open.
2690 watching
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Investor Insights
star iconJul 3, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Enbridge (ENB) continues to be viewed positively by numerous experts due to its strong position as a leading pipeline company in North America, which benefits from the flowing demand for fossil fuels. The company pays a competitive dividend, currently over 5%, which has historically been sustainable and is expected to grow steadily. Analysts highlight the company's robust management team and diversified operations in both conventional oil and renewable energy sectors as essential strengths. However, there are concerns regarding its higher valuation metrics relative to earnings, prompting some experts to advise caution in terms of timing purchases, especially after the stock has seen recent gains. Nevertheless, Enbridge's consistent cash flow and long-term growth prospects make it an attractive option for investors seeking income generation in the energy infrastructure space.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TRP
PAST TOP PICK
(A Top Pick Dec 04/20, Up 22%) Underappreciated amongst its peers. Concerns over Line 5, etc. Need for the product is high, hard to believe they'd be shut off. Small dividend increase recently. Premium yield, and he doesn't see any problem maintaining it, but dividend growth might slow down. Yield is over 7%, making it a core holding in an income portfolio.
DON'T BUY
Export facilities in jeopardy? Not a major concern. US needs Canadian oil and gas. Longer term, oil and gas use is declining. Adoption of EVs will increase. ENB will need heavy capex to stay on top of renewables. ENB oil shipments will stay stagnant, difficult to grow dividends at a rapid pace. Capital intensive, slow growth. Yield close to 7%.
BUY
Selloff in mid-streams favours owning them over a producer like CVE. Producers are more commodity exposed, with risks of labour cost inflation and supply chain shortages. He prefers names like ENB, PPL, and TRP with their healthy dividends and less volatility.
BUY
Two negative regulatory decisions recently. Good entry point. December 7 investor day is when they'll outline growth. He expects share buybacks. Good place to be for the long-term investor who wants low volatility. Shares are worth mid-$50s, giving you 10-20% total return with the dividend.
BUY
He has a bias towards Canadian mid-streams right now. ENB and TRP have sold off materially. With Keystone behind TRP, it can focus on the growth ahead. Pipelines are impossible to build now. Existing value will continue to creep up.
BUY
Pembina, Transcanada and Enbridge as a dividend investment over 5 years? He owns all three. They all pay over a 6% dividend on average. ENB is down on the news that the Canadian regulator has rejected the tolling agreement on the main line. He doesn't see this as a huge deal for ENB though; obviously it would be nice to see at least of this contracted. Perhaps they went too hard on the amount of contracting they were seeking. But it's a mess, given the lack of pipeline capacity. Investors need to be focused on LNG in the middle/later part of this decade which will really boost demand for natural gas and its infrastructure; all three companies will participate in this, though ENB the least. ENB has new oil pipeline capacity with their Line 3 replacement strategy completed last month. Compounding the 6% dividend alone means the share doesn't need to perform much to deliver you a good return over 5-10 years.
HOLD
ENB vs. PPL ENB is one of her two core holdings in the pipeline space for the yield at just over 6.5%. She also holds PPL as an income stock; its yield is attractive at just over 6%, and it's safe. PPL should raise the dividend by single digits over the foreseeable future, grow organically, and make acquisitions.
HOLD
You should hang on to it for the dividend yield. Pipelines generally hold up well during recessions, and construction of new pipelines may be coming to an end, so this will benefit that.
COMMENT
Still believes they are a great business with great assets. Yield is strong and there is good growth. These assets are not being built anymore so there is a scarcity view.
HOLD
Very disciplined. Consistent in raising dividend, likely to continue. Allocated capital so it can sustain the dividend. Won't outperform the market, as the market is playing offensive right now, not defensive. Great holding from a risk/reward perspective. Yield is 6%.
BUY
He would look to this stock because of the stability of the strong dividend.
PAST TOP PICK
(A Top Pick Nov 11/20, Up 39%) The stock was too cheap to ignore. The dividend and valuation is still great. Line 3 is now in the rear-view. This is a name that he would still buy today.
PAST TOP PICK
(A Top Pick Nov 11/20, Up 39%) The stock was too cheap to ignore. The dividend and valuation is still great. Line 3 is now in the rear-view. This is a name that he would still buy today.
BUY
They report Friday. He likes it for the 6.5% dividend. They benefit from the lack of energy infrastructure. They report Friday.
TOP PICK
It is a leading company in the mid-stream market. They have lots in the natural gas and renewables space. The commissioning of line 3 issue has been removed. 6% dividend that is rock solid. 5-7% growth in cash flows. It is pretty low risk. (Analysts’ price target is $55.53)
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