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.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
TRP
BUY

For income investors, pipelines look great. Great dividend. The sector suffered neglect as people chased higher growth areas of the market. He owns ENB, PPL, and TRP. Also consider KEY, which has more exposure to the commodity. Makes a lot of sense for conservative investors.

HOLD
Pipelines are hard to build and they are a scarce asset. Enbridge is cheap. Line 3 seems to be advancing well. Even without it, the price is still good. Risk-reward is very good. You also get paid to wait. Good things will happen over time.
BUY

Canadian pipelines still offer value. We still rely on fossil fuels and will for a long time. Difficulty in building new infrastructure raises the value of existing infrastructure. TRP and ENB can offer good profitability, sizable dividend yields. Prefers ENB, but likes both.

BUY
A core holding of his. Really likes it. He will continue to raise dividends by 6% in coming years, based on new projects on the horizon. It amazes him that ENB always pays a higher yield than its peers. It's well run, though may carry more debt than its peers.
HOLD
Earning support the 7% dividend? This was a core holding 5-10 years in most Canadian portfolios given strong growth prospects in pipelines. Since then, pipelines have become unfashionable; ENB has been delayed in their pipeline expansions in Minnesota and Michigan. But Minnesota has since cleared up and there's a pipeline shortage, so ENB can demand maximum pricing from oil companies to use them. ENB's profitabilility may not catch up to the dividend, but won't hurt the div for likely 20 years. You can hold this. Expect some upside in the coming year.
TOP PICK
Energy is enjoying a rotation into cyclicals and commodities. Pays a 7.5% dividend and offers 5-7% annual earnings growth. This will make you 10-12% a year. ENG actually scores high in ESG, given renewable natural gas, carbon capture and started building their third wind farm in France. He targets $50. (Analysts’ price target is $55.20)
BUY
Very attractively valued right now. Pipeline stocks have been stuck in the same corner as the energy producers when commodity prices collapsed. Infrastructure stocks have since recovered. Dividend is safe, yielding over 7%. Longer term growth may be affected if producers do not grow production. However, the capital projects will insure increasing cashflow for the foreseeable future. Intends to increase dividend with cashflow growth.
HOLD
Wild ride for this stock. It's going to be harder for pipelines to get built, so existing infrastructure should be worth more, not less. Eventually, that will take hold and enable the valuation to expand. Core holding. Try to ignore the headlines. Good dividend, earnings, and cashflow growth to come.
WEAK BUY
Probably do OK, since oil prices are coming back. Paying off debt to a huge degree. Dividend continues to grow. Question mark is what's going to happen if we move to more renewable energy, and that's the risk weighing on the stock. Great income grab, but long-term, keep an eye on it. Could be up against the wall with the new US administration. Yield around 7%.
BUY

It is part of his equity income portfolio. The dividend is very attractive. He is waiting for good quality dividends with great rates. That's why he took a position in Exxon at 9%. With Enbridge, the dividend is around 7.2% which is quite rich. With the dividend tax credit, it is much more attractive than a bond.

BUY
Fair value is well in excess of $50. Will probably focus on organic growth, not acquisitions. High dividend is sustainable. High quality company in the midstream space. Scrapping Keystone is good for ENB, as it increased demand for its mainline volume.
BUY
It is a big position for him. He likes the balance sheet and they straightened out the issue with line 3 to some degree. You get a great dividend yield while you wait. This is one of the most attractive names in the pipeline sector.
BUY
It has good value here. Free cash yield is 13%. PE is around 13-14x. Growth rate is around 9%. It moves around 25% of oil and natural gas in NA. They are trying to pivot to renewables too. You can expect a nice total return, especially with the dividend.
BUY
It is going through a bit of a change for the best. The company has taken on a lot of debt while raising its dividends at a healthy clip in the past few years. They are reallocating their cashflow to reduce debt and raise dividends at a slower pace. The goal is to strengthen the balance sheet. It will lead to long term earnings and dividend growth. It is well poised to see growth.
BUY
It may have gone down today because the market is viewing all pipeline stocks as a group. Their line 3 was finally approved in Minnesota, so the company is going to start construction to complete this expansion and to have it in service by December of this year. The yield is over 7%.
Showing 346 to 360 of 1,585 entries