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
WATCH
The stock's uptrend has recently broken down. He likes the longer term up channel that has formed since early 2018 with higher significant lows, but thinks it may take time before it regains its momentum to the upside. The TMX announcement later today may impact the share price significantly.
oilgas pipelines
TOP PICK
There is friction with two US projects, but it is noise in the current environment. They have consistently raised their dividends. You can buy this today with a 6.5% yield and they will be in a position to continue increasing it over the next few years at least. If we had a better environment in Canada for pipelines it would boost this one as well as the other pipelines. (Analysts’ price target is $55.09)
Michael SprungOwned
oilgas pipelines
PAST TOP PICK
(A Top Pick Apr 13/18, Up 24%) Reality is that the pipeline infrastructure is full. Toll booth business. Reasonable rate of return. Not expecting a huge amount of growth, but it will be incremental going forward.
Bill Harris, CFAOwned
oilgas pipelines
BUY
With the pullback it is yielding 6% and now is a good time to enter. The company still thinks they can get Line 3 in place by late 2020. The growing regulatory process is challenging on both sides of the border -- especially for an existing line. The work has already been approved, but eventually this will be completed. Now is a good time to buy for an income stock.
Christine PooleOwned
oilgas pipelines
HOLD
Is $50 an important level? The news yesterday by the US state denying them approval was over blown, he thinks. Shipping by rail is not a safer alternative. This is a good income play, not really a share appreciation play. He does not it expect a move above $50 would signal a rocket up to $70. The dividend is safe. A slow and steady name.
Zachary Curry Owned
oilgas pipelines
BUY
Does it matter if you buy it on the Canadian or US dollars? - The price is the same and if the currency moves is a wash. It is simple for your taxes to buy it in CAD if you are Canadian resident. The need fro the pipelines is there. Has a lot of debt. You make 6% dividend and 5% - 10% appreciation. A decent play with not a lot of risk.
Bruce MurrayOwned
oilgas pipelines
STRONG BUY
He really likes it. He created ENS-T, which is a leveraged version of ENB-T. Enbridge is one of his biggest holdings at his firm because of its dividend and stability. In a recession it should not be as volatile as it was in past recessions.
Robert LauzonOwned
oilgas pipelines
HOLD
It's a hold. Interest rate sensitives have done well. Line 3 pushed back is an issue. Dividend may need to be cut back a bit. Existing pipelines have become more valuable. Moving from fee-based to take or pay, so this increases value for shareholders.
Teal LindeOwned
oilgas pipelines
PAST TOP PICK
(A Top Pick Apr 26/18, Up 40%) He liked the 7.5% yield at the time. He continues to hold it and sees further runway ahead. Yield 6%
Lyle SteinOwned
oilgas pipelines
BUY
She likes it. Dividend is under 6% and it will continue to grow. They bought Spectra to expand their presence to America and into natural gas, but they took on debt. So they issued various equity and sold non-core assets and streamlined their corporate structure. Their line 3 was approved last year, but has since been delayed to end-2020. This would double their capacity in western Canada. Their debt and balance sheet are much better now.
Christine PooleOwned
oilgas pipelines
BUY
They move 62% of Canadian crude into the U.S. and 20% of all natural gas. It has a wide, strong moat. Line 3 will be operating in the near future, though it is delayed. It's cyclical, though, so not for the faint of heart. Has a strong, underlying business. They've done $6 billion in funding moves to support the dividend.
oilgas pipelines
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