Enbridge Stock Today
| ENB Stock | USD 41.07 0.19 0.46% |
Performance24 of 100
| Odds Of DistressLess than 24
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Enbridge is trading at 41.07 as of the 11th of October 2024, a 0.46 percent increase since the beginning of the trading day. The stock's open price was 40.88. Enbridge has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Note, on April 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Enbridge's common stock.
Business Domain Energy | IPO Date 27th of March 1990 |
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. The company has 2.18 B outstanding shares of which 18.63 M shares are currently shorted by investors with about 4.67 days to cover. More on Enbridge
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Enbridge Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Albert Monaco | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Ensign Energy Services Inc, Eneabba Gas Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, ARCA Natural Gas, Transportation, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsEnbridge can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Enbridge's financial leverage. It provides some insight into what part of Enbridge's total assets is financed by creditors.
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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. The company currently falls under 'Large-Cap' category with a total capitalization of 89.33 B. Enbridge runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 2.18 B outstanding shares of which 18.63 M shares are currently shorted by investors with about 4.67 days to cover.
Enbridge has about 861 M in cash with 14.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Check Enbridge Probability Of Bankruptcy
Ownership AllocationEnbridge holds a total of 2.18 Billion outstanding shares. Over half of Enbridge's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that on April 29, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Enbridge's common stock.
Check Enbridge Ownership Details
Enbridge Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Cibc Global Asset Management Inc | 2024-06-30 | 23.2 M | |
| Barrow Hanley Mewhinney & Strauss Llc | 2024-06-30 | 23.1 M | |
| Manufacturers Life Insurance Co | 2024-06-30 | 20.9 M | |
| Norges Bank | 2024-06-30 | 20.8 M | |
| Mackenzie Investments | 2024-06-30 | 20.6 M | |
| Clearbridge Advisors, Llc | 2024-06-30 | 18.8 M | |
| The Toronto-dominion Bank | 2024-06-30 | 18.7 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 16.3 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 16 M | |
| Royal Bank Of Canada | 2024-06-30 | 130.3 M | |
| Vanguard Group Inc | 2024-06-30 | 86.3 M |
Enbridge Historical Income Statement
Enbridge Stock Against Markets
Enbridge Corporate Directors
| Stephen Poloz | Independent Director | Profile | |
| Jonathan Gould | Director, Investor Relations | Profile | |
| Teresa Madden | Independent Director | Profile | |
| Susan Cunningham | Independent Director | Profile |
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 closely tied 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Oil & Gas Storage & Transportation space 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 (0.06) | Dividend Share 3.6 | Earnings Share 1.91 | Revenue Per Share 20.633 | Quarterly Revenue Growth 0.087 |
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.