TSE:ENB
Enbridge (ENB.TO)
69.32
-0.38 (0.55%)
as of Sep 4, 2026, 8:00:00 pm Market Open.
2692 watching
Financials 
Technical Analysis 0
Investor Insights
Sep 5, 2026, 12:00 amThis summary was created by AI, based on 38 opinions in the last 12 months.
Enbridge (ENB) is viewed as a solid and well-managed company with a strong dividend yield averaging about 5.5%. Experts highlight its financial discipline and long-term growth potential, primarily due to its extensive pipeline network and infrastructure projects in North America. However, the stock faces challenges, including high capital intensity, a fair amount of debt, and competition for investor interest from faster-growing companies. While many analysts point to a steady income story, they express caution about overall valuation and potential for significant growth. The consensus leans towards a steady investment for income rather than growth, emphasizing the need for caution at higher price points given its recent uptick in value.
Consensus
Hold
Valuation
Fair Value
Similar
TRP
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.
Norman LevineOwned
oilgas pipelines
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.
Christine PooleOwned
oilgas pipelines
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)
Greg NewmanOwned
oilgas pipelines
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.
Brian MaddenOwned
oilgas pipelines
BUY ON WEAKNESS
High yield, which is a question about its viability. Business hasn't been impacted by the pandemic. Pivotal whether they can get Line 3 approved in time to stabilize the balance sheet. But with US politics, you can't count on anything. There will be a better day for the shares on the other side of this. He's adding below $40. Yield is around 8%.
Ryan BushellOwned
oilgas pipelines
BUY
An income stock. Yield is about 8%, and thinks the dividend is safe. Payout ratio from operations is around 70%. Anything energy is out of favour. Disconnect between fundamentals and valuation. Attractive here. Reaffirmed cashflow targets for the year. It does have higher debt, but it continues to be investment grade.
Christine PooleOwned
oilgas pipelines
TOP PICK
An income play. The dividend is above 8%, but safe. They've sold assets and paid down debt to shore up the balance sheet (after a big acquisition years ago). They have a 7x debt-to-operating cash flow ratio. They move nearly 25% of all oil and gas volumes in North America that will endure. They're volume-, not oil price-sensitive, so won't suffer plunges in the oil price. ENB will see stable growth and will pay you that income. (Analysts’ price target is $52.42)
John ZechnerOwned
oilgas pipelines
BUY
Incredibly high dividend of 8.4%, which is sometimes a signal of trouble. Payout ratio pretty stable around 71%. Trading at a compelling 13.3x 2021 PE. Improved balance sheet. Volumes back to pre-Covid levels. Decent 7% EPS growth. Risks on Lines 3 and 5. On balance, nice risk/reward at these levels.
oilgas pipelines
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