TSE:ENB

Enbridge (ENB.TO)

71.60
-0.14 (0.20%)
as of Aug 13, 2026, 7:16:14 pm Market Open.
2692 watching
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Investor Insights
star iconAug 13, 2026, 12:00 am

This summary was created by AI, based on 37 opinions in the last 12 months.

Enbridge (ENB-T) is highly regarded among experts for its strong performance and reliable dividends, currently yielding around 5% and expected to grow. The company operates the largest crude oil pipeline network in North America and is strategically positioned to benefit from rising infrastructure spending in Canada, particularly related to natural gas and LNG exports. Analysts note the strong management and stable cash flows, despite some concerns regarding its exposure to commodity prices. There is general agreement among experts that Enbridge is a solid long-term investment, although opinions vary on its current pricing and growth potential in comparison to peers. Overall, it is viewed as a safer asset within the energy sector, especially for income-focused investors.

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Consensus
Positive
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Valuation
Fair Value
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Similar
TC,TRP
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.
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.
DON'T BUY
Enbridge vs. TC Energy. He'd own TC Energy. They'll both move the same amount. He's shy of Enbridge because their growth strategy was based on something that didn't exist, always issuing equity and hiking dividends. Doesn't like Enbridge.
BUY
They've grown a lot of acquisition in the past 10 years. The last one was synergistic, but ENB took on too much debt, so they've had to divest some operations. Share price is stagnant, though the dividend continues to grow. After two years of deleveraging--and building the Minnesota pipeline--ENB will be in much better shape. So, buy it now.
BUY
ENB has cleaned up its act, getting rid of some assets, cancelled their DRIP and their valuation is still compelling. Various things have lined up now to propel ENB forward. You can hold this for 25 years and do well. ENB is the best in this sector.
BUY ON WEAKNESS
He likes it. Line 3 seems to be a never ending thing. He is still modeling 7% growth. Trading cheap enough still. Q4 was a beat. What could hurt here: if bond yields back up.
COMMENT
ENB-T or TRP-T? He owns both pipelines. Today, he would favour TRP-T. He has also been watching PPL-T as well. The space has always been a good investment.
HOLD
They sold some assets last year and cleaned up the corporate structure. The big question is what happens to line 3. Till we see clarity, this will tread water. Then, the stock will rise. But if approval doesn't come, this will fall back to $40. He's nervously holding on.
BUY
It was a darling of the market 5 years ago, but is now having a tough time as people don't like pipelines. Their valuation is now reasonable (it was inflated 5 years ago) though, and it pays a decent 5.9% dividend. It's a safe, steady grower.
DON'T BUY
He was previously bearish on the name. He does not expect significant price appreciation. The dividend is good. He does not feel the recent share price increase is based on positive actions by management, but rather due to interest rate increases slowing. This is really a yield play.
BUY ON WEAKNESS
$46.84 is his target. Earnings have risen, but its payout ratio is high. Buy at $39 as in December.
BUY
There've been fundamental changes with a Minnesota judge halting the line 3 pipeline. ENB has run into a series of local problems that have nothing to do with its central operations. Safe dividend. The stock price will appreciate and earnings will rise.
PAST TOP PICK
(A Top Pick Apr 18/18, Up 30%) The fundamentals were never as bad as the stock price suggested. Dividend growth looks great, helped by lower interest rates. He will continue to hold.
BUY
IPL vs. ENB He likes both and owns four in his portfolio. ENB pays a higher yield at 5.95% and has had a nice rebound. He likes pipelines for cash flow. ENG pays a slightly higher rate of return. There's little risk in buying pipelines, because we're not building them. He prefers ENB.
TOP PICK
Pays a good yield and good for income seekers. (Analysts’ price target is $54.93)
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