EnbridgeENB
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: 14,500
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
85% more first-time investments, than exits
New positions opened: 148 | Existing positions closed: 80
15% more funds holding in top 10
Funds holding in top 10: 33 [Q3] → 38 (+5) [Q4]
4% more capital invested
Capital invested by funds: $44.6B [Q3] → $46.5B (+$1.96B) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 453 | Existing positions reduced: 447
1% more funds holding
Funds holding: 1,259 [Q3] → 1,267 (+8) [Q4]
0.54% less ownership
Funds ownership: 50.53% [Q3] → 49.99% (-0.54%) [Q4]
42% less call options, than puts
Call options by funds: $328M | Put options by funds: $564M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Maurice Choy 14% 1-year accuracy 1 / 7 met price target | 60%upside $67 | Outperform Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 44 articles about ENB published over the past 30 days
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