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Enbridge Inc. (ENB.TO)

CAD77.97 +0.63 (+0.81%)
CA TSX Energy Oil & Gas Midstream
Address 200, Fifth Avenue Place T2P 3L8
Calgary, AB, CA
CEO Gregory Lorne Ebel
IPO 1995-01-12
ISIN CA29250N1050

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Also trades on London Stock Exchange · 0KTI.L (CAD) New York Stock Exchange · ENB (USD) New York Stock Exchange · ENBA (USD) Other OTC · EBGEF (USD) Other OTC · EBPPF (USD) Other OTC · EBRGF (USD) Other OTC · EBRZF (USD) Other OTC · ENNPF (USD) Other OTC · EBBGF (USD) Other OTC · EBBNF (USD) Other OTC · ENBBF (USD) Other OTC · ENBFF (USD) Other OTC · ENBGF (USD) Other OTC · ENBRF (USD) Toronto Stock Exchange · ENB-PFA.TO (CAD) Toronto Stock Exchange · ENB-PA.TO (CAD) Toronto Stock Exchange · ENB-PFK.TO (CAD) Toronto Stock Exchange · ENB-PN.TO (CAD) Toronto Stock Exchange · ENB-PT.TO (CAD) Toronto Stock Exchange · ENB.TO (CAD)
Description

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD77.97 +0.63 (+0.81%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.81
Float Shares
2.18B
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.95% +0.64% +1.95% +2.58% +10.97% +14.48% +21.04% +44.43% +61.01% +45.44% +1,982.83%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (25 ratings, all time) Buy
Price Targets & DCF
Current price
77.97
DCF (Unlevered) 113.22 +45.2%
DCF (Levered) 128.33 +64.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 39% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 5 0
Hold 12 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.69
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Midstream: +6.6%
    +21.5% Q1'26: +68.0% (vs Q1'25)
  • EPS growth Oil & Gas Midstream: +17.6%
    +38.5% Q1'26: +1.9% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Midstream: +25.7%
    +4.3% Q1'26: +0.5% (vs Q1'25)
  • EBIT margin Oil & Gas Midstream: +30.0%
    +17.3% Q1'26: +16.2% (vs Q1'25)
  • ROIC Oil & Gas Midstream: +7.6%
    +5.2% Q1'26: +6.2% (vs Q1'25)
  • Share dilution Oil & Gas Midstream: +0.0%
    +1.3% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×
    6.30× Q1'26: 5.44× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.79) × ERP
WACC = 60% × Ke + 40% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 113.22 Current price: 77.97
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
12 EPS Ana.
Dec 2027
6 Rev. Ana.
11 EPS Ana.
Dec 2028
5 Rev. Ana.
4 EPS Ana.
Dec 2029
2 Rev. Ana.
2 EPS Ana.
Dec 2030
2 Rev. Ana.
2 EPS Ana.
Revenue
27.05B
est: 18.22B (+48.5%)
25.19B
est: 22.64B (+11.3%)
33.65B
est: 32.29B (+4.2%)
37.40B
est: 33.98B (+10.1%)
35.08B
est: 33.12B (+5.9%)
34.59B
est: 34.54B (+0.2%)
43.59B
est: 42.79B (+1.9%)
46.82B
est: 44.53B (+5.1%)
49.71B
est: 49.94B (-0.5%)
38.88B
est: 40.40B (-3.8%)
46.80B
est: 45.20B (+3.5%)
53.45B
est: 51.49B (+3.8%)
42.89B
est: 31.83B (+34.7%)
53.59B
est: 46.23B (+15.9%)
65.13B
est: 60.56B (+7.5%)
57.27B
51.74B – 59.76B
-5.4% YoY
57.89B
52.41B – 61.30B
+1.1% YoY
63.28B
57.24B – 66.53B
+9.3% YoY
63.30B
57.26B – 66.55B
+0.0% YoY
64.33B
58.19B – 67.64B
+1.6% YoY
EBITDA
3.62B
est: 2.28B (+58.3%)
3.07B
est: 2.73B (+12.1%)
2.70B
est: 2.12B (+27.3%)
4.62B
est: 1.36B (+239.8%)
3.31B
est: 1.59B (+108.7%)
5.85B
est: 373.52M (+1,467.0%)
5.73B
est: 3.28B (+74.7%)
7.64B
est: 3.68B (+107.4%)
12.17B
est: 3.71B (+228.3%)
9.33B
est: 6.44B (+45.0%)
12.28B
est: 6.88B (+78.5%)
9.85B
est: 6.60B (+49.4%)
16.31B
est: 8.93B (+82.7%)
16.95B
est: 12.58B (+34.7%)
16.91B
est: 16.99B (-0.5%)
16.07B
14.52B – 16.77B
-5.4% YoY
16.24B
14.71B – 17.20B
+1.1% YoY
17.76B
16.06B – 18.67B
+9.3% YoY
17.76B
16.07B – 18.68B
+0.0% YoY
18.05B
16.33B – 18.98B
+1.6% YoY
EBIT
2.51B
est: 1.90B (+31.8%)
1.83B
est: 2.31B (-20.9%)
1.33B
est: 2.12B (-37.5%)
3.04B
est: 1.43B (+113.2%)
1.28B
est: 2.03B (-36.7%)
3.61B
est: 1.46B (+148.3%)
2.56B
est: 2.46B (+4.3%)
4.39B
est: 1.39B (+215.3%)
8.78B
est: 3.84B (+128.8%)
5.62B
est: 5.25B (+7.0%)
8.43B
est: 5.61B (+50.1%)
5.53B
est: 5.38B (+2.8%)
11.70B
est: 6.04B (+93.7%)
11.78B
est: 8.51B (+38.5%)
11.25B
est: 11.49B (-2.1%)
10.87B
9.82B – 11.34B
-5.4% YoY
10.99B
9.95B – 11.64B
+1.1% YoY
12.01B
10.87B – 12.63B
+9.3% YoY
12.02B
10.87B – 12.63B
+0.0% YoY
12.21B
11.05B – 12.84B
+1.6% YoY
Net Income
1.00B
est: 1.22B (-18.0%)
715.00M
est: 1.23B (-41.7%)
629.00M
est: 1.00B (-37.3%)
1.41B
est: 656.75M (+113.9%)
251.00M
est: 890.83M (-71.8%)
2.07B
est: 196.14M (+954.9%)
2.86B
est: 1.97B (+45.1%)
2.88B
est: 2.53B (+13.7%)
5.71B
est: 2.30B (+148.3%)
3.36B
est: 3.63B (-7.3%)
6.19B
est: 3.88B (+59.6%)
3.00B
est: 3.72B (-19.2%)
6.19B
est: 4.04B (+53.2%)
5.44B
est: 5.96B (-8.7%)
7.49B
est: 6.22B (+20.5%)
6.03B
5.13B – 6.94B
-2.9% YoY
6.93B
6.09B – 7.76B
+14.8% YoY
7.68B
7.17B – 8.20B
+10.9% YoY
8.01B
7.01B – 8.54B
+4.2% YoY
7.97B
6.98B – 8.51B
-0.4% YoY
SGA
2.29B
est: 1.85B (+23.7%)
2.68B
est: 2.10B (+27.3%)
2.93B
est: 4.06B (-27.9%)
3.27B
est: 3.15B (+3.8%)
4.21B
est: 2.08B (+102.4%)
4.39B
est: 3.29B (+33.5%)
6.30B
est: 4.10B (+53.7%)
6.83B
est: 5.71B (+19.6%)
7.04B
est: 5.41B (+30.1%)
6.75B
est: 4.48B (+50.6%)
6.72B
est: 4.79B (+40.2%)
8.27B
est: 4.59B (+80.1%)
8.53B
est: 5.26B (+62.2%)
9.41B
est: 7.40B (+27.1%)
9.99B
est: 10.00B (-0.2%)
9.46B
8.55B – 9.87B
-5.4% YoY
9.56B
8.66B – 10.13B
+1.1% YoY
10.45B
9.46B – 10.99B
+9.3% YoY
10.46B
9.46B – 11.00B
+0.0% YoY
10.63B
9.61B – 11.17B
+1.6% YoY
EPS
1.32
est: 1.49 (-11.1%)
0.79
est: 1.62 (-51.3%)
0.55
est: 1.78 (-69.0%)
1.39
est: 1.76 (-21.0%)
-0.04
est: 2.12 (-101.9%)
1.95
est: 2.31 (-15.5%)
1.66
est: 1.90 (-12.6%)
1.67
est: 2.62 (-36.2%)
2.64
est: 2.69 (-1.7%)
1.48
est: 2.47 (-40.0%)
2.87
est: 2.82 (+1.8%)
1.28
est: 2.92 (-56.1%)
2.84
est: 1.92 (+48.2%)
2.34
est: 2.81 (-16.7%)
3.24
est: 2.93 (+10.7%)
2.94
2.35 – 3.17
+0.4% YoY
3.23
2.79 – 3.55
+10.0% YoY
3.56
3.28 – 3.75
+10.3% YoY
3.66
3.21 – 3.91
+2.7% YoY
3.65
3.19 – 3.89
-0.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-05-07 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-05-06 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-05-05 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-05-04 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-05-01 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-04-30 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-04-29 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-04-28 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-04-27 B 3/5 4/5 4/5 4/5 1/5 2/5 2/5
2026-04-24 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-23 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B+ 3/5 5/5 4/5 5/5 1/5 2/5 2/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5
2026-04-15 B+ 3/5 4/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
38.19B
OE per share TTM
17.46
Owner's Yield
23.87%
Maintenance CapEx ratio
986.57%
Maint CapEx / Avg PPE
217.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
760.3K
Shares Outstanding
2.18B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Gregory Lorne Ebel President, Chief Executive Officer & Director 7M male
Cynthia Lynn Hansen Advisor 2M female
Colin Kenneth Gruending Executive Vice President & President of Liquids Pipelines 2M male
Reginald Douglas Hedgebeth Executive Vice President of External Affairs & Chief Legal Officer 2M male
Patrick Robert Murray Executive Vice President & Chief Financial Officer 2M male
Maximilian G. Chan Senior Vice President of Operations, Engineering & Liquids Pipelines male
Melissa LaForge Senior Vice President & Chief Accounting Officer female
Scott R. Arndt Senior Vice President & Chief Information Officer
Dean C. Patry Senior Vice President & Corporate Development Officer male
Joseph A. Gollapalli VP & CTO
Laura J. Buss Sayavedra Senior Vice President of Safety, Projects & Chief Administrative Officer female
Marlon Samuel Vice President of Investor Relations & Insurance
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits