Colin Gruending - Enbridge President

ENB Stock  USD 34.86  0.96  2.83%   

President

Colin Gruending is Executive Vice President and President Liquids Pipelines of Enbridge since 2021.
Age 54
Tenure 3 years
Address 200, Fifth Avenue Place, Calgary, AB, Canada, T2P 3L8
Phone403-231-3900
Webhttps://www.enbridge.com

Enbridge Management Efficiency

The company has Return on Asset of 0.032 % which means that on every $100 spent on assets, it made $0.032 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0947 %, implying that it generated $0.0947 on every 100 dollars invested. Enbridge's management efficiency ratios could be used to measure how well Enbridge manages its routine affairs as well as how well it operates its assets and liabilities. At present, Enbridge's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Enbridge's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 131.4 B, whereas Non Currrent Assets Other are projected to grow to (3.2 B).
The company has 61.83 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Enbridge has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity.

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The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. Enbridge operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 10900 people. Enbridge (ENB) is traded on New York Stock Exchange in USA. It is located in 200, Fifth Avenue Place, Calgary, AB, Canada, T2P 3L8 and employs 11,500 people. Enbridge is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Enbridge Leadership Team

Elected by the shareholders, the Enbridge's board of directors comprises two types of representatives: Enbridge inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enbridge. The board's role is to monitor Enbridge's management team and ensure that shareholders' interests are well served. Enbridge's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enbridge's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Poloz, Independent Director
Melissa LaForge, Senior Officer
Clarence Cazalot, Independent Director
Karen Uehara, VP Secretary
Dean Patry, Senior Strategy
Albert Monaco, President, Chief Executive Officer, Director
David Arledge, Independent Chairman of the Board
Mark Maki, Senior Vice President Chief Accounting Officer
George Petty, Independent Director
Michelle George, Senior Officer
S Rowe, Independent Director
Laura Sayavedra, Senior Vice President - Projects, Safety and Reliability and Enterprise Resource Planning (ERP)
Adam McKnight, Director - Investor Relations
John Carruthers, President Pipelines
Cynthia Hansen, Executive Vice President, President - Utilities and Power Operations
Paul Dhaen, Manager Inc
Maureen Darkes, Independent Director
James England, Independent Director
Catherine Williams, Independent Director
Colin Gruending, Executive Vice President and President Liquids Pipelines
Bhushan Ivaturi, Senior Officer
David Bryson, Engineering Operations
Rebecca CFA, Director Relations
Michael Phelps, Independent Director
Jonathan Morgan, VP Relations
Wanda Opheim, Senior Vice President - Finance
Jane Rowe, Independent Director
William Yardley, Executive Vice President and President Gas Transmission and Midstream
Gregory Goff, Independent Director
Mayank Ashar, Independent Director
Matthew Akman, Executive Power
John Whelen, Executive Vice President, Chief Development Officer
Charles Fischer, Independent Director
Richard Bird, Executive Vice President
Jonathan Gould, Director, Investor Relations
D Jarvis, Executive Vice President and Presidentident - Liquids Pipelines
Teresa Madden, Independent Director
V Darkes, Independent Director
QC LLB, Ex Officer
Al Monaco, CEO Pres
Michele Harradence, Executive Storage
Glenn Beaumont, President - Gas Distribution
Michael McShane, Independent Director
Guardie Banister, Independent Director
Phil Teijeira, VP Officer
Allen Capps, Executive Vice President Chief Accounting Officer
Susan Cunningham, Independent Director
Tyler Robinson, Chief Compliance Officer, Vice President and Secretary
Pamela Carter, Independent Director
Gregory Ebel, Independent Non-Executive Chairman of the Board
DaiChung Yu, Exec CFO
James Blanchard, Independent Director
Robert Rooney, Executive Vice President Chief Legal Officer
Byron Neiles, Executive Vice President - Corporate Services
Reginald Hedgebeth, Executive Officer
David Robottom, Executive Vice President Chief Legal Officer
Vernon Yu, Executive Vice President & President, Liquids Pipelines
Rebecca Roberts, Independent Director
Marcel Coutu, Independent Director
Patrick Murray, Senior Vice President Chief Accounting Officer
Dan Tutcher, Independent Director
Karen Radford, Executive Vice President - People and Partners
Guy Jarvis, President of Liquids Pipelines
Gregory Harper, President of Gas Pipelines and Processing

Enbridge Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Enbridge a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Enbridge

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.

Moving against Enbridge Stock

  0.53DLNG Dynagas LNG Partners Financial Report 18th of June 2024 PairCorr
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Enbridge's price analysis, check to measure Enbridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
3.55
Earnings Share
2.05
Revenue Per Share
21.23
Quarterly Revenue Growth
(0.16)
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.