Enbridge

ENB-T

TSE:ENB

42.87
0.51 (1.18%)
Enbridge Inc. is a Canadian multinational energy transportation company based in Calgary, Alberta. It focuses on the transportation, distribution and generation of energy, primarily in North America.
More at Wikipedia

Analysis and Opinions about ENB-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 31, 2020
A company that he is not enthusiastic about. They have a lot of debt, poor performance in assets, and cashflow hasn't changed in the past few years. There is good dividend growth. It would probably do better than cash or bonds. He would look elsewhere for better balance sheets, cashflow and less debt.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 31, 2020
A company that he is not enthusiastic about. They have a lot of debt, poor performance in assets, and cashflow hasn't changed in the past few years. There is good dividend growth. It would probably do better than cash or bonds. He would look elsewhere for better balance sheets, cashflow and less debt.
COMMENT
COMMENT
July 14, 2020
It yields around 7%, though there's negativity around their projects. Just seeing an advance on one of their pipelines will change sentiment. He believes their projects will go ahead and that will raise the stock price. Two or three green lights will push the stock to $50.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 14, 2020
It yields around 7%, though there's negativity around their projects. Just seeing an advance on one of their pipelines will change sentiment. He believes their projects will go ahead and that will raise the stock price. Two or three green lights will push the stock to $50.
BUY
BUY
July 13, 2020
Safe dividend? Quite safe. Cash flow is growing and the balance sheet is in much better shape than in past years. Their existing assets are fine. Valuation has plunged from around 25x to around 15x. ENB is not tied to commodity prices, though commodity volume. When you can't get yield from bonds or some stocks, ENB's dividend pays.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 13, 2020
Safe dividend? Quite safe. Cash flow is growing and the balance sheet is in much better shape than in past years. Their existing assets are fine. Valuation has plunged from around 25x to around 15x. ENB is not tied to commodity prices, though commodity volume. When you can't get yield from bonds or some stocks, ENB's dividend pays.
HOLD
HOLD
July 9, 2020
Likes it. Fantastic dividend of about 8%, which will move around with oil markets. Doesn't think the dividend is in trouble.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 9, 2020
Likes it. Fantastic dividend of about 8%, which will move around with oil markets. Doesn't think the dividend is in trouble.
COMMENT
COMMENT
July 8, 2020

Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.

Show full opinionHide full opinion
Enbridge (ENB-T)
July 8, 2020

Sell Banks for Pipelines? He likes this strategy. Balance the weight between both he suggests. Pipelines are economically sensitive these days, due to their weightings in the energy ETFs. ENB, TRP and PPL have been particularly sensitive. He thinks the valuations warrant investment here.

PAST TOP PICK
PAST TOP PICK
July 8, 2020
(A Top Pick Jul 25/19, Down 1%) He would stay with it and it remains his favorite in the pipeline space. Trades only 8 times cash flow and has a great dividend yield. The negative sentiment right now gives investors a great opportunity now.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 8, 2020
(A Top Pick Jul 25/19, Down 1%) He would stay with it and it remains his favorite in the pipeline space. Trades only 8 times cash flow and has a great dividend yield. The negative sentiment right now gives investors a great opportunity now.
BUY WEAKNESS
BUY WEAKNESS
July 3, 2020
Line 5 issues? They have been in the news a lot lately. An anchor became dislodged on their Eastern portion, but a judge forced an injunction to shut down the western section as well. On Canada Day, the western portion was allowed to reopen. Line 5 is only 2.5% of the companies EBITDA, so it won't make or break the company. But it is just another example of regulatory interference. From a fundamental perspective not a big issue. He is underweight energy, but would be a buyer in a sub-$40 range.
Show full opinionHide full opinion
Enbridge (ENB-T)
July 3, 2020
Line 5 issues? They have been in the news a lot lately. An anchor became dislodged on their Eastern portion, but a judge forced an injunction to shut down the western section as well. On Canada Day, the western portion was allowed to reopen. Line 5 is only 2.5% of the companies EBITDA, so it won't make or break the company. But it is just another example of regulatory interference. From a fundamental perspective not a big issue. He is underweight energy, but would be a buyer in a sub-$40 range.
PAST TOP PICK
PAST TOP PICK
June 29, 2020
(A Top Pick Jun 17/19, Down 4%) It is one of his favourites in the group. It is the most miss-understood because they are involved in so many markets. They are well contracted and in a strong liquidity position. He would continue to hold it. He would be surprised to see a dividend cut.
Show full opinionHide full opinion
Enbridge (ENB-T)
June 29, 2020
(A Top Pick Jun 17/19, Down 4%) It is one of his favourites in the group. It is the most miss-understood because they are involved in so many markets. They are well contracted and in a strong liquidity position. He would continue to hold it. He would be surprised to see a dividend cut.
BUY
BUY
June 24, 2020
US pipeline issues? We own ENB and have for a few years. Lower oil prices impacted their business, but they are financially sound. Over 95% of their capacity is contracted. Some lower production out of western Canada may impact short term earnings. Eventually Line 3 will be completed and Line 5 will be refurbished. With a yield above 7%, it is an attractive hold.
Show full opinionHide full opinion
Enbridge (ENB-T)
June 24, 2020
US pipeline issues? We own ENB and have for a few years. Lower oil prices impacted their business, but they are financially sound. Over 95% of their capacity is contracted. Some lower production out of western Canada may impact short term earnings. Eventually Line 3 will be completed and Line 5 will be refurbished. With a yield above 7%, it is an attractive hold.
BUY
BUY
June 22, 2020
It is down more than you'd expect in a recession, due to the oil price. They reconfirmed their outlook for the year. They have been able to find cost cutting opportunities. He thinks this is the time to buy it. It is a really safe way to take advantage of the recovery.
Show full opinionHide full opinion
Enbridge (ENB-T)
June 22, 2020
It is down more than you'd expect in a recession, due to the oil price. They reconfirmed their outlook for the year. They have been able to find cost cutting opportunities. He thinks this is the time to buy it. It is a really safe way to take advantage of the recovery.
HOLD
HOLD
June 12, 2020

Preferred H shares? The preferreds are yielding about 9%. This was issued at $25 originally with a yield just over 4%. Buying at $11.50 affords the high yield. It will reset in 2023, around 2.5% based on current interest rates (versus the 4% it was originally issued at). If interest rates go up in 2023 the yield will increase, but do investors think rates will be that much higher?

Show full opinionHide full opinion
Enbridge (ENB-T)
June 12, 2020

Preferred H shares? The preferreds are yielding about 9%. This was issued at $25 originally with a yield just over 4%. Buying at $11.50 affords the high yield. It will reset in 2023, around 2.5% based on current interest rates (versus the 4% it was originally issued at). If interest rates go up in 2023 the yield will increase, but do investors think rates will be that much higher?

BUY
BUY
June 8, 2020

IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.

Show full opinionHide full opinion
Enbridge (ENB-T)
June 8, 2020

IPL-T vs. ENB-T. IPL-T is a mid-carrier. It moves between facilities. ENB-T is international and moves between Canada and the US. ENB-T also owns a local gas utility in Southern Ontario. He owns ENB-T because it is a higher quality company and has bigger projects that are somewhat deferred due to environmental assessments. The dividend is stable and was not at risk.

BUY
BUY
June 5, 2020
Target buy and sell price? ENB has one of the highest dividend yields of any Canadian company. He thinks dividend growth may moderate or even pause. There are more hearings on Line 3 and they have been very contentious. He wants to see that resolved with shovels in the ground. At current levels, and assuming we don't have another major down move on oil prices, this could be a good buy here. Their infrastructure can not be replicated. Yield 7%
Show full opinionHide full opinion
Enbridge (ENB-T)
June 5, 2020
Target buy and sell price? ENB has one of the highest dividend yields of any Canadian company. He thinks dividend growth may moderate or even pause. There are more hearings on Line 3 and they have been very contentious. He wants to see that resolved with shovels in the ground. At current levels, and assuming we don't have another major down move on oil prices, this could be a good buy here. Their infrastructure can not be replicated. Yield 7%
COMMENT
COMMENT
June 3, 2020

ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.

Show full opinionHide full opinion
Enbridge (ENB-T)
June 3, 2020

ENB vs TRP? He believes having one of these holdings is key to your portfolio. It is getting harder to put pipe in the ground, so existing assets are valuable. He owns ENB, due to the amount of oil they move and the pricing power they have with tolls.

BUY
BUY
May 29, 2020
Payout ratio of 65%. Very attractive compared to bonds. A reasonable investment opportunity. The dividend appears to be safe. Yield 7.3%
Show full opinionHide full opinion
Enbridge (ENB-T)
May 29, 2020
Payout ratio of 65%. Very attractive compared to bonds. A reasonable investment opportunity. The dividend appears to be safe. Yield 7.3%
Showing 1 to 15 of 1,186 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 61

Neutral - Hold Signals / Votes : 10

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 78

Stockchase rating for Enbridge is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Enbridge(ENB-T) Frequently Asked Questions

What is Enbridge stock symbol?

Enbridge is a Canadian stock, trading under the symbol ENB-T on the Toronto Stock Exchange (ENB-CT). It is usually referred to as TSX:ENB or ENB-T

Is Enbridge a buy or a sell?

In the last year, 78 stock analysts published opinions about ENB-T. 61 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Enbridge.

Is Enbridge a good investment or a top pick?

Enbridge was recommended as a Top Pick by Barry Schwartz on 2020-07-31. Read the latest stock experts ratings for Enbridge.

Why is Enbridge stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Enbridge worth watching?

78 stock analysts on Stockchase covered Enbridge In the last year. It is a trending stock that is worth watching.

What is Enbridge stock price?

On 2020-07-31, Enbridge (ENB-T) stock closed at a price of $42.87.