TSE:ENB
Enbridge (ENB.TO)
65.77
-0.38 (0.57%)
as of Oct 1, 2026, 8:00:00 pm Market Open.
2696 watching
Financials 
Technical Analysis 0
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.
Michael SprungOwned
oilgas pipelines
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.
Bruce MurrayOwned
oilgas pipelines
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)
Robert LauzonOwned
oilgas pipelines
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.
Christine PooleOwned
oilgas pipelines
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.
James TelfserOwned
oilgas pipelines
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%.
oilgas pipelines
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.
Jaime CarrascoOwned
oilgas pipelines
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.
Varun AnandOwned
oilgas pipelines
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.
John ZechnerOwned
oilgas pipelines
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.
Lorne SteinbergOwned
oilgas pipelines
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%.
Christine PooleOwned
oilgas pipelines
BUY
Likes them. They confirmed their dividend increase. Debt to EBITDA is reduced to normal levels. They won't make a new purchase, but will ensure that existing assets return 8-10%. You should own this as a mainstay in your portfolio. However, Michigan's governor threatens to shut down ENB's line.
Paul Gardner, CFAOwned
oilgas pipelines
TOP PICK
Favourite within the space. Very inexpensive with a good dividend of almost 8%. Has a reasonable growth profile. Construction for line 3 replacement has started. There is negative sentiment that causes headwinds but the dividend focus is very positive. A defensive play. (Analysts’ price target is $51.91)
Chris BlumasOwned
oilgas pipelines
TOP PICK
Catalysts right now include Line 3. Not a new line, just refurbishing to be safer. Once finished, stock should retrace higher. Increased dividend, so that's at least 20 years in a row. Dividend is covered plus share appreciation along the way is a good story. Yield is 7.92%. (Analysts’ price target is $51.88)
Ryan BushellOwned
oilgas pipelines
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