enbridge inc. - ENB

ENB

Close Chg Chg %
42.95 -0.16 -0.37%

Pre-Market

42.79

-0.16 (0.37%)

Volume: 3.05M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

Company Overview: enbridge inc. - ENB

ENB Key Data

Open

$42.85

Day Range

42.43 - 42.98

52 Week Range

32.86 - 43.31

Market Cap

$93.61B

Shares Outstanding

2.18B

Public Float

2.18B

Beta

0.89

Rev. Per Employee

N/A

P/E Ratio

19.92

EPS

$2.16

Yield

621.14%

Dividend

$0.65

EX-DIVIDEND DATE

Nov 15, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

3.95M

 

ENB Performance

1 Week
 
1.90%
 
1 Month
 
2.38%
 
3 Months
 
8.37%
 
1 Year
 
25.56%
 
5 Years
 
14.89%
 

ENB Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 22
Full Ratings ➔

About enbridge inc. - ENB

Enbridge, Inc. engages in the provision of gas and oil. It operates through the following segments: Liquid Pipelines, Gas Distribution and Storage, Gas Transmission and Midstream, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and the U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest, and other feeder pipelines. The Gas Distribution & Storage segment consists of natural gas utility operations, the core of which is Enbridge gas, which serves residential, commercial and industrial customers. It also includes natural gas distribution activities in Quebec and an investment in Noverco, which holds a majority interest in a subsidiary entity engaged in distribution and energy transportation primarily in Quebec. The Gas Transmission & Midstream segment consists of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses, and international activities. The Renewable Power Generation segment consists primarily of investments in wind and solar power generating assets, as well as geothermal, waste heat recovery, and transmission assets. The Energy Services segment consists of businesses in Canada and the United States including logistical services, refinery supply services and the firm's volume commitments on various pipeline systems. The company was founded on April 30, 1949 and is headquartered in Calgary, Canada.

ENB At a Glance

Enbridge, Inc.
Fifth Avenue Place
Calgary, Alberta T2P 3L8
Phone 1-403-231-3900 Revenue 31.77B
Industry Oil & Gas Pipelines Net Income 4.59B
Sector Industrial Services Employees 11,500
Fiscal Year-end 12 / 2024
View SEC Filings

ENB Valuation

P/E Current 19.925
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.209
Price to Sales Ratio 2.343
Price to Book Ratio 1.855
Price to Cash Flow Ratio 6.545
Enterprise Value to EBITDA 14.389
Enterprise Value to Sales 4.391
Total Debt to Enterprise Value 0.445

ENB Efficiency

Revenue/Employee 2,763,023.937
Income Per Employee 398,868.656
Receivables Turnover 8.653
Total Asset Turnover 0.236

ENB Liquidity

Current Ratio 0.826
Quick Ratio 0.741
Cash Ratio 0.343

ENB Profitability

Gross Margin 39.642
Operating Margin 19.759
Pretax Margin 18.372
Net Margin 14.436
Return on Assets 3.407
Return on Equity 10.103
Return on Total Capital 4.218
Return on Invested Capital 4.535

ENB Capital Structure

Total Debt to Total Equity 133.35
Total Debt to Total Capital 57.146
Total Debt to Total Assets 45.447
Long-Term Debt to Equity 137.944
Long-Term Debt to Total Capital 52.556
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Enbridge Inc. - ENB

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
28.98B 37.33B 41.05B 31.77B
Sales Growth
-22.63% +28.80% +9.97% -22.60%
Cost of Goods Sold (COGS) incl D&A
18.33B 26.05B 28.27B 19.18B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.77B 3.07B 3.32B 3.42B
Depreciation
2.55B 2.79B 2.95B 3.02B
Amortization of Intangibles
219.19M 277.57M 371.01M 396.39M
COGS Growth
-30.21% +42.10% +8.53% -32.16%
Gross Income
10.65B 11.28B 12.78B 12.60B
Gross Income Growth
-4.84% +5.91% +13.30% -1.46%
Gross Profit Margin
+36.75% +30.22% +31.14% +39.64%
2020 2021 2022 2023 5-year trend
SG&A Expense
5.03B 5.36B 6.35B 6.32B
Research & Development
- - - -
-
Other SG&A
5.03B 5.36B 6.35B 6.32B
SGA Growth
-5.28% +6.41% +18.61% -0.58%
Other Operating Expense
- - - -
-
Unusual Expense
1.14B (250.45M) 2.43B (597.18M)
EBIT after Unusual Expense
4.47B 6.18B 4.00B 6.88B
Non Operating Income/Expense
(284.80M) 547.96M 254.25M 1.79B
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - 1.35B
-
Interest Expense
1.91B 1.92B 2.34B 2.83B
Interest Expense Growth
-7.73% +0.52% +21.75% +20.95%
Gross Interest Expense
2.06B 2.09B 2.40B 2.91B
Interest Capitalized
143.14M 171.49M 56.84M 74.83M
Pretax Income
2.28B 4.80B 1.91B 5.84B
Pretax Income Growth
-49.91% +110.82% -60.22% +205.70%
Pretax Margin
+7.86% +12.86% +4.65% +18.37%
Income Tax
577.05M 1.13B 1.23B 1.35B
Income Tax - Current - Domestic
123.01M 129.21M 276.53M 74.09M
Income Tax - Current - Foreign
120.78M 129.21M 220.45M 223.01M
Income Tax - Deferred - Domestic
281.82M 274.38M (274.99M) 337.86M
Income Tax - Deferred - Foreign
51.44M 595.82M 1.01B 714.24M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 1.35B
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.55B 5.04B 2.26B 4.49B
Minority Interest Expense
39.51M 99.70M (49.93M) (98.54M)
Net Income
2.51B 4.94B 2.31B 4.59B
Net Income Growth
-41.68% +96.89% -53.27% +98.85%
Net Margin Growth
+8.65% +13.22% +5.62% +14.44%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.51B 4.94B 2.31B 4.59B
Preferred Dividends
283.31M 297.51M 318.01M 260.80M
Net Income Available to Common
2.22B 4.64B 1.99B 4.33B
EPS (Basic)
1.101 2.2931 0.9821 2.1042
EPS (Basic) Growth
-44.63% +108.27% -57.17% +114.26%
Basic Shares Outstanding
2.02B 2.02B 2.02B 2.06B
EPS (Diluted)
1.1004 2.2908 0.9801 2.1021
EPS (Diluted) Growth
-44.58% +108.18% -57.22% +114.48%
Diluted Shares Outstanding
2.02B 2.02B 2.03B 2.06B
EBITDA
8.39B 9.00B 9.74B 9.70B
EBITDA Growth
-0.59% +7.29% +8.30% -0.49%
EBITDA Margin
+28.93% +24.10% +23.73% +30.52%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 42.729
Number of Ratings 22 Current Quarters Estimate 0.536
FY Report Date 12 / 2024 Current Year's Estimate 2.03
Last Quarter’s Earnings 0.395 Median PE on CY Estimate N/A
Year Ago Earnings 2.073 Next Fiscal Year Estimate 2.167
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 5 16 16
Mean Estimate 0.54 0.64 2.03 2.17
High Estimates 0.58 0.67 2.10 2.39
Low Estimate 0.50 0.61 1.95 1.94
Coefficient of Variance 5.48 3.33 2.32 5.25

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 7 8
OVERWEIGHT 2 2 3
HOLD 12 11 8
UNDERWEIGHT 0 0 0
SELL 1 2 2
MEAN Overweight Overweight Overweight

Enbridge Inc. in the News

Markets

Pipeline battle: Enbridge defies Michigan closure orders

The more than six-decade-old Line 5 pipeline transports up to 23 million gallons of oil and natural gas liquids per day from Superior, Wisconsin to Sarnia, Ontario, taking a shortcut through Michigan and along the lake bottom of the Straits of Mackinac.