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Enbridge Inc ENB Stock Quote

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Last close prices updated as of Jan 26, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 40.65
  • Sector Energy
  • Industry Oil & Gas Midstream
  • Investment Style Large Blend
  • Day Range 40.43  –  40.89
  • Year Range 35.02  –  47.67
  • Market Cap 82.3118 Bil
  • Volume / Avg 718.0 /  3.7 Mil
  • Price / Sales 2.11
  • Price / Book 1.90
  • Forward Div Yield 6.31%
  • Trailing Div Yield 8.46%

Morningstar‘s Stock Analysis ENB

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Enbridge Sees Continued Growth Throughout Volatile 2023

Stephen Ellis Sector Strategist

Business Strategy and Outlook

| Stephen Ellis |

Enbridge stands out among North American midstream operators with a focus on oil pipelines and a utility-like earnings profile. The firm's most important asset, its Mainline system, controls over 70% of Canada's takeaway capacity and is linked to highly complex U.S. refineries that value heavy oil, meaning demand remains secure in the near to medium term despite the increase in U.S. light oil production. Over 80% of Enbridge's EBITDA is protected against inflation.

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Key Statistics ENB

Company Profile ENB

Business Description

Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada’s largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.

425 - 1st Street S.W., Suite 200, Fifth Avenue Place
Calgary, AB, T2P 3L8, CAN
Sector Energy
Industry Oil & Gas Midstream
Employees 10,900

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FAQs for Enbridge Inc Stock

Yes. ENB has a forward dividend yield of 6.31%. See ENB’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ENB’s market cap is 82.31 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ENB’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ENB’s price/sales is 2.11.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ENB’s price/forward earnings is 18.21.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ENB’s price/book is 1.90.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ENB’s valuation ratios compared to the Market Index.

ENB’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ENB’s historical performance against its industry peers and the overall market.