
TSE:ENB
This summary was created by AI, based on 38 opinions in the last 12 months.
Enbridge (ENB) is viewed positively among experts, recognized for its stability and consistent dividend payments, currently around 5%. Many analysts appreciate the company's strong management and disciplined financial practices, highlighting its potential for modest EBITDA growth of approximately 5% yearly. Despite being a blue-chip company with a significant pipeline infrastructure, there are concerns regarding its capital intensity and relatively high debt levels. The stock's performance can be affected by market conditions, particularly fluctuations in long bond yields and oil prices, which may pose challenges for valuation. Overall, while some experts express caution about the potential for price declines, ENB remains a solid choice for those prioritizing income over growth in their investment strategy.
A company that is an investment banker's Christmas present everyday. They pursued a growth story and sold off assets to finance that growth. A lousy performer. They have destroyed value by boosting dividend. Maybe they turn the whole thing around. Other than financial engineering there is no reason to own this company. Lousy balance sheet. They have grown so much and portfolio managers own so much of it, they need to find new investors and he doesn't think they will find new investors.