Enbridge

ENB-T

TSE:ENB

37.30
0.32 (0.85%)
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.
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Analysis and Opinions about ENB-T

Signal
Opinion
Expert
BUY
BUY
October 27, 2020
The Line 3 replacement in the U.S. enjoyed a favourable ruling recently, getting the last permit (water) to start construction on Nov. 14. Caution: many times, they've gotten the greenlight only to halt at the last minute. He likes ENB.
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Enbridge (ENB-T)
October 27, 2020
The Line 3 replacement in the U.S. enjoyed a favourable ruling recently, getting the last permit (water) to start construction on Nov. 14. Caution: many times, they've gotten the greenlight only to halt at the last minute. He likes ENB.
BUY
BUY
October 14, 2020
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.
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Enbridge (ENB-T)
October 14, 2020
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.
TOP PICK
TOP PICK
October 13, 2020
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)
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Enbridge (ENB-T)
October 13, 2020
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)
BUY
BUY
October 8, 2020
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.
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Enbridge (ENB-T)
October 8, 2020
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.
BUY WEAKNESS
BUY WEAKNESS
October 5, 2020
Utilities are going to do relatively well for the next few years. The problem is the cost of money. If it goes up with inflation, it could hurt interest rate sensitive utilities. As long as interest rates remain low, they should do well.
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Enbridge (ENB-T)
October 5, 2020
Utilities are going to do relatively well for the next few years. The problem is the cost of money. If it goes up with inflation, it could hurt interest rate sensitive utilities. As long as interest rates remain low, they should do well.
DON'T BUY
DON'T BUY
October 2, 2020
A lot of people own it for the dividend, and the track record until earlier this year has been incredible. They made a number of acquisitions and capital expenditures right before the crisis. The dividend yield is very high and the market is expecting a dividend cut. Management is saying the dividend will continue to grow.
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Enbridge (ENB-T)
October 2, 2020
A lot of people own it for the dividend, and the track record until earlier this year has been incredible. They made a number of acquisitions and capital expenditures right before the crisis. The dividend yield is very high and the market is expecting a dividend cut. Management is saying the dividend will continue to grow.
BUY
BUY
September 28, 2020
High dividend, not an outrageous payout ratio, and yet is a regulated utility. He would be surprised to see a cut in its dividend. The dividend should be secure.
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Enbridge (ENB-T)
September 28, 2020
High dividend, not an outrageous payout ratio, and yet is a regulated utility. He would be surprised to see a cut in its dividend. The dividend should be secure.
HOLD
HOLD
September 25, 2020
Below $40, it is an opportunity. The dividend should be safe, with the Line 3 project coming to term, bringing cashflow on a long term basis. Demand long term will probably trend down, but there won't be any new pipelines built. There is still a lot of value and cashflow to be produced.
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Enbridge (ENB-T)
September 25, 2020
Below $40, it is an opportunity. The dividend should be safe, with the Line 3 project coming to term, bringing cashflow on a long term basis. Demand long term will probably trend down, but there won't be any new pipelines built. There is still a lot of value and cashflow to be produced.
DON'T BUY
DON'T BUY
September 23, 2020

Owns legacy position. Hasn't bought in 10 years. Their program of building, acquiring, boosting the dividend, and then raising money was unsustainable. Concerns about oil volumes they can shoot down the pipes. Their customers are in pain. Massive debt. A challenged company. Yield is about 8.2%. Instead, he'd be in Keyera.

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Enbridge (ENB-T)
September 23, 2020

Owns legacy position. Hasn't bought in 10 years. Their program of building, acquiring, boosting the dividend, and then raising money was unsustainable. Concerns about oil volumes they can shoot down the pipes. Their customers are in pain. Massive debt. A challenged company. Yield is about 8.2%. Instead, he'd be in Keyera.

BUY
BUY
September 15, 2020
She owns this Pembina and Enbridge among pipeline. ENB is more defensive since it's the largest transporter of crude oil and natural gas in North America. Over 95% of what they move is under long-term take-or-pay contracts. Their yield is under 8% at a 60% payout ratio, so safe. It maintained its guidance even during the lockdown. It's difficult to build pipelines, but ENB recently enjoyed good news to resume building its line 3, which she expects will get built. ENB offers a solid income flow.
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Enbridge (ENB-T)
September 15, 2020
She owns this Pembina and Enbridge among pipeline. ENB is more defensive since it's the largest transporter of crude oil and natural gas in North America. Over 95% of what they move is under long-term take-or-pay contracts. Their yield is under 8% at a 60% payout ratio, so safe. It maintained its guidance even during the lockdown. It's difficult to build pipelines, but ENB recently enjoyed good news to resume building its line 3, which she expects will get built. ENB offers a solid income flow.
BUY
BUY
September 10, 2020
Consolidation in pipelines coming? No, not likely. There are ENB and Transcanada which dominate this space, plus regional players like Pembina. There was a flurry of M&A three years ago, but he doesn't see that appetite now. ENB has been shaking off non-core assets to reduce debt and strengthen their balance sheet. ENB is recession-resilient. Today, they finally got approval to reopen their line in Michigan. Expect modest organic growth in their gas business. Their renewables are small, but growth and are important for the future--pay attention to this. Finally, the biggest catalyst is the line 3 replacement. Pays a 7.8% yield.
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Enbridge (ENB-T)
September 10, 2020
Consolidation in pipelines coming? No, not likely. There are ENB and Transcanada which dominate this space, plus regional players like Pembina. There was a flurry of M&A three years ago, but he doesn't see that appetite now. ENB has been shaking off non-core assets to reduce debt and strengthen their balance sheet. ENB is recession-resilient. Today, they finally got approval to reopen their line in Michigan. Expect modest organic growth in their gas business. Their renewables are small, but growth and are important for the future--pay attention to this. Finally, the biggest catalyst is the line 3 replacement. Pays a 7.8% yield.
COMMENT
COMMENT
September 9, 2020
Tremendous assets, but a mountain of debt. They benefit from low interest rates. But the dividend around 8% indicates the market is dubious. Will go quite a long way before they cut the dividend. It's a business that we all need, whether there's Covid or not. Impossible to build new pipelines, so existing ones are valuable.
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Enbridge (ENB-T)
September 9, 2020
Tremendous assets, but a mountain of debt. They benefit from low interest rates. But the dividend around 8% indicates the market is dubious. Will go quite a long way before they cut the dividend. It's a business that we all need, whether there's Covid or not. Impossible to build new pipelines, so existing ones are valuable.
HOLD
HOLD
September 2, 2020
Oil and gas are undervalued, as the world as a whole is moving on from that sector. But the commodity will still be used, and so ENB should have sustainable earnings. Biggest thing is where are they going to get their growth from? Likes the company, especially for income investment, but growth is questionable as it's so hard to get new approvals.
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Enbridge (ENB-T)
September 2, 2020
Oil and gas are undervalued, as the world as a whole is moving on from that sector. But the commodity will still be used, and so ENB should have sustainable earnings. Biggest thing is where are they going to get their growth from? Likes the company, especially for income investment, but growth is questionable as it's so hard to get new approvals.
WEAK BUY
WEAK BUY
August 18, 2020
They're trying to complete the Line 3 pipeline, but are awaiting a court decision in Minnesota and face a US election. Line 3 should be approved. The base company is still a necessity, supplying oil and gas to Ontario. You might get stock appreciation to the $50s, but don't count on it. The 7% dividend is solid however.
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Enbridge (ENB-T)
August 18, 2020
They're trying to complete the Line 3 pipeline, but are awaiting a court decision in Minnesota and face a US election. Line 3 should be approved. The base company is still a necessity, supplying oil and gas to Ontario. You might get stock appreciation to the $50s, but don't count on it. The 7% dividend is solid however.
BUY
BUY
August 17, 2020
Pays a 7.5% yield that's safe. True, the stock hasn't moved lately, but you're paid to wait. Trades at a higher free cash yield than peers. Balance sheet is getting much better. 70% payout ratio, so yield is fine. The only risk is line 3 and 5, which may or may not happen. The stock will do well if they don't get those lines going.
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Enbridge (ENB-T)
August 17, 2020
Pays a 7.5% yield that's safe. True, the stock hasn't moved lately, but you're paid to wait. Trades at a higher free cash yield than peers. Balance sheet is getting much better. 70% payout ratio, so yield is fine. The only risk is line 3 and 5, which may or may not happen. The stock will do well if they don't get those lines going.
Showing 1 to 15 of 1,205 entries

Enbridge(ENB-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 61

Neutral - Hold Signals / Votes : 9

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 76

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, 76 stock analysts published opinions about ENB-T. 61 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is 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 Varun Anand on 2020-10-27. 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?

76 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 2020-10-27, Enbridge (ENB-T) stock closed at a price of $37.3.