Enbridge
About: Enbridge owns extensive midstream assets that transport hydrocarbons across the us 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. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Employees: 11,500
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
30% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 102
13% more repeat investments, than reductions
Existing positions increased: 483 | Existing positions reduced: 428
11% more capital invested
Capital invested by funds: $39.5B [Q2] → $43.9B (+$4.37B) [Q3]
3% more funds holding in top 10
Funds holding in top 10: 32 [Q2] → 33 (+1) [Q3]
3% more funds holding
Funds holding: 1,221 [Q2] → 1,252 (+31) [Q3]
2.42% less ownership
Funds ownership: 52.21% [Q2] → 49.79% (-2.42%) [Q3]
18% less call options, than puts
Call options by funds: $466M | Put options by funds: $567M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$63
52%
upside
Avg. target
$63
52%
upside
High target
$63
52%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Maurice Choy 0% 1-year accuracy 0 / 3 met price target | 52%upside $63 | Outperform Reiterated | 4 Dec 2024 |
Financial journalist opinion
Based on 39 articles about ENB published over the past 30 days
Positive
The Motley Fool
7 hours ago
The Best High-Yield Energy Stock to Invest $2,000 in Right Now
Enbridge's (ENB 1.62%) 6.4% dividend yield is going to make up the lion's share of an investor's return over time. That's to be expected for an ultra-high-yield stock.
Positive
The Motley Fool
1 day ago
Why I'm Buying These 3 Ultra-High-Yield Dividend Stocks Hand Over Fist for 2025
It's natural that income investors would be attracted to stocks with exceptionally high dividend yields. The higher the yield, the more income they'll receive, assuming the businesses are reliable cash generators.
Positive
The Motley Fool
2 days ago
3 High-Yielding Dividend Stocks That Retirees Can Rely On for Recurring Income
If you're a retiree and want some dependable income, high-yielding dividend stocks can help make the most of your money. While the average stock on the S&P 500 might pay just an average of 1.2%, there are many other stocks out there that pay much higher than that -- and they aren't risky investments to hold in your portfolio.
Positive
Seeking Alpha
4 days ago
I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025
AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I think, will continue to outperform in 2025.
Positive
Seeking Alpha
4 days ago
You Didn't Miss The Boat On Enbridge
Enbridge Inc. boasts a $100 billion market cap, a 6% dividend yield, and a robust asset portfolio, positioning ENB stock for future growth. The company's mainline pipeline is crucial, with a forecast of 3 million barrels/day and expansion plans in the Permian Basin and Gulf Coast. Despite strong EBITDA growth, Enbridge's reliance on debt for funding raises concerns about its financial stability and potential dividend cuts.
Positive
The Motley Fool
4 days ago
3 Top Midstream Stocks to Buy as 2024 Draws to a Close
Midstream companies are vital to the energy sector. They gather, process, transport, store, and export crude oil, natural gas, and related products.
Positive
The Motley Fool
4 days ago
Want Decades of Passive Income? 3 High Yield Energy Stocks to Buy Right Now
If there's one theme in the energy sector that has gotten plenty of attention over the years, it is the global transition from dirty carbon fuels to cleaner alternatives. It is a very real phenomenon, though it is happening much more slowly than clean energy proponents would like.
Positive
Seeking Alpha
4 days ago
Enbridge: Canada's Christmas Gift For Income Investors (Rating Upgrade)
Enbridge Inc.'s Q3 financials reflected some headwinds, which are all temporary in my view. Long-term growth is intact, thanks to rising electricity demand from AI and digital applications, ENB's strategic position, and aggressive capital expansion projects. The near-term issues caused price corrections and pushed up Enbridge's yield to be well above its long-term average.
Positive
Seeking Alpha
5 days ago
Enbridge: Attractive Yield And Strong Backlog Make It A Buy
Enbridge has demonstrated strong performance with record Q3 EBITDA, and strategic acquisitions, reinforcing its growth potential. ENB's diversified portfolio in crude oil, natural gas, utilities, and renewables, coupled with a 6.3% dividend yield, makes it attractive for income-focused investors. Management's guidance for 7-9% annual EBITDA growth through 2026, supported by a $27 billion project backlog, highlights robust future growth prospects.
Positive
The Motley Fool
6 days ago
2 Ultra-High-Yield Dividend Stocks You Can Buy and Hold for a Decade
The S&P 500 index (^GSPC -0.00%) is yielding a scant 1.2%. By comparison, the 6.3% yield on offer from Enbridge (ENB -0.33%) and the 6.4% from Enterprise Products Partners (EPD -0.62%) are huge!
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