TSE:ENB

Enbridge (ENB.TO)

65.77
-0.38 (0.57%)
as of Oct 1, 2026, 8:00:00 pm Market Open.
2696 watching
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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Pipeline companies were spared the rout in oil prices last April, but Enbridge continues to battle with Michigan over extending its Line 3.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There was a lawsuit that was filed against them which could be reason for the decline. The news is not unusual for the sector. There is little risk for the dividend. Unlock Premium - Try 5i Free

BUY
Their large dividend increases in recent years will slow down, but for good reasons--reduce debt and investing in solar and wind energy (which require more capital upfront and longer payback). Dividend is solid and will increase though modestly. Still a core holding for him.
BUY
Buy during the strong ESG trend Has long owned this, a great Canadian compounder, but the stock has gotten expensive. But it's true the energy world is changing given ESG. Around $40/share, this business keeps doing incrementally better. Hard to walk away from this. ENB is also 50% in distributing natural gas, and has business in hydrogen gas; ENG will be a key player here. He expects ENB to be around for a long time, despite the clean energy ESG movement.
BUY
They re-affirmed they can grow their distributable cash flow about 5-7% in the foreseeable future. They increased their dividend. It is an attractive income stock to buy.
BUY ON WEAKNESS
He owns ENB-T. The issue had been headline risk and over the last couple of months there was headline risk to projects in Michigan. He likes it though, for the dividend. Buy it on a day when it gets hit of possible.
TOP PICK
It is a company that has been underrated in the last couple years. There has been controversy around its projects. They have an extensive capital program ahead of them. Contracted revenues are strong and secure. Dividends remain good and has a history of raises. Currently yielding is almost 8%. (Analysts’ price target is $51.85)
HOLD
Stock devastated by political currents. Great dividend. We'll still need oil for the next 20-25 years. Fine hold. Should get some capital appreciation. SG will continue to weigh on it, so it may never get back to its former exciting highs.
HOLD
Has long owned this and doubled-up on this last spring. But then it kept going down, though he's happy to collect the yield which kept rising. Oil stocks have been hit this year, but he'll still hold this. Pipelines face approval resistance, though. The governor of Michigan threatens to close line 5, which is a ridiculous threat and could lead to an international political incident (though he doesn't think it'll happen). ENB is trying to replace that line with a safer one, which makes this situation crazy. This is why the stock has dragged. Happy to hold this, wait and collect the dividend.
HOLD
Concerned about the dividend. In the midst of expansion. Need all the market goodwill they can get, so probably won't cut the dividend. Technically, back to good support. Nervously hang in there.
HOLD
It is such a large, diversified business that where they have difficulties, the rest of the business offsets it. 8.5% dividend and they will generate a 5% free cash flow yield in a couple of years. Line 5 is just under 5% of their 2022 earnings.
SHORT
Has a short on it. A slightly stressed backdrop in energy space. It is not that cheap. It's expensive with poor price trend with volatility. Low return on equity recently.
BUY
ENB has Line 3, which should start coming online next year. Likes it. Attractive dividend, over 8%. Reaffirmed guidance on Friday, encouraging in face of Covid. Long-term contracts, so cashflows are defensible. Would buy it here. Dividend safe, and company confirms its growth.
TOP PICK
A name that's so hated, time to look at it. Great dividend, reasonable balance sheet. Still some growth. Fits the bill if you want a company with not much downside, lots of upside, pays you nicely to wait, a long-term staple, a company that we need. Yield is 8.13%. (Analysts’ price target is $51.08)
PAST TOP PICK
(A Top Pick Nov 13/19, Down 21%) Suffering from commodity cyclicality. Tarring and feathering of perceived non-ESG-friendly businesses. With White House changing hands, Line 3 becomes even more valuable. Yield is safe. Also has a small renewable business. Great company, great entry point, great income while you wait.
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