Enbridge (ENB) AI Stock Analysis

• Market Cap: $142.31B
• Dividend Yield: 5.76%
• Average Volume (3M): 9.25M
• Price to Earnings (P/E): 25.5
• Beta (1Y): 0.43
• Revenue Growth: 33.06%
• EPS Growth: -12.36%
• Country: CA
• Employees: 14,500
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Midstream
• EPS (TTM): 0.46
• Shares Outstanding: 2,181,275,600
• 10 Day Avg. Volume: 7,725,404
• 30 Day Avg. Volume: 9,251,072
• PEG Ratio: -1.37
• Price to Book (P/B): 2.00
• Price to Sales (P/S): 2.45
• P/FCF Ratio: 23.19
• Enterprise Value/Market Cap: 1.87
• Enterprise Value/Revenue: 4.13
• Enterprise Value/Gross Profit: 11.74
• Enterprise Value/Ebitda: 14.21
• 1Y Price Target: $70.38
• Price Target Upside: 7.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 2.95
• Revenue Forecast (FY): $60.39B

• Rating: 69 Neutral
• Price Target: C$73.00 ▲(11.52% Upside)

Enbridge's overall stock score reflects a balance of strong operational performance and growth prospects against financial challenges and high leverage. The earnings call provided positive guidance, supporting future growth, while the attractive dividend yield offers a buffer against valuation concerns. Technical indicators suggest caution, but the company's strategic initiatives and reaffirmed guidance provide confidence in its resilience.

Positive Factors

Record EBITDA Growth

Record EBITDA growth indicates strong operational performance and effective execution of growth strategies, enhancing long-term profitability.

Diversified Energy Portfolio

A diversified energy portfolio allows Enbridge to capitalize on varying energy demands, providing resilience against market fluctuations.

New Growth Projects

Investment in new projects supports future growth and strengthens Enbridge's market position, ensuring sustained revenue streams.

Negative Factors

High Leverage

High leverage can increase financial risk, especially if interest rates rise, potentially impacting cash flow and financial flexibility.

Declining Free Cash Flow

Declining free cash flow growth may hinder Enbridge's ability to invest in new projects and return capital to shareholders.

EPS Decline

A decline in EPS reflects potential challenges in maintaining profitability, which could affect investor confidence and future earnings growth.

Enbridge Business Overview & Revenue Model

Company Description

Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream 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 and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. 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.

How the Company Makes Money

Enbridge generates revenue primarily through its transportation and distribution of energy products. The company operates on a fee-for-service model, where it charges customers for the transportation of crude oil and natural gas through its pipelines. Key revenue streams include long-term contracts with producers and consumers of energy, which provide stable cash flows. Additionally, Enbridge earns income from its gas distribution services to residential and commercial customers. The company is also expanding its renewable energy portfolio, generating revenue from wind and solar projects. Significant partnerships with major energy companies and regulatory frameworks that support infrastructure development further enhance its earnings potential.

Enbridge Financial Statement Overview

Summary

Enbridge demonstrates solid revenue growth and profitability, with stable margins and effective equity utilization. However, high leverage and declining free cash flow growth present potential risks. Overall, the financial health is strong, but attention to debt management and cash flow sustainability is advised.

Income Statement

Enbridge's income statement shows a strong revenue growth rate of 5.8% TTM, indicating a positive trajectory. The gross profit margin is healthy at 32.5%, although it has slightly decreased from previous years. The net profit margin remains stable at 10.3%, reflecting consistent profitability. However, the EBIT and EBITDA margins have slightly declined, suggesting potential pressure on operating efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.54, indicating significant leverage, which could pose risks if interest rates rise. However, the return on equity is robust at 10%, showing effective use of equity to generate profits. The equity ratio is moderate, suggesting a balanced asset structure.

Cash Flow

Cash flow analysis indicates a decline in free cash flow growth by 7.4% TTM, which is a concern. The operating cash flow to net income ratio is strong at 0.87, showing good cash generation relative to net income. However, the free cash flow to net income ratio has decreased, indicating potential challenges in maintaining free cash flow levels.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	64.43B	53.59B	42.89B	53.45B	46.80B	38.88B
Gross Profit	22.67B	19.41B	17.00B	16.64B	14.14B	14.29B
EBITDA	18.74B	16.95B	16.31B	9.85B	12.28B	9.33B
Net Income	6.03B	5.44B	6.19B	3.00B	6.19B	3.36B
Balance Sheet
Total Assets	155.79B	218.97B	180.32B	179.61B	168.86B	160.28B
Cash, Cash Equivalents and Short-Term Investments	1.08B	1.80B	5.90B	861.00M	286.00M	452.00M
Total Debt	74.46B	101.67B	81.20B	80.98B	75.64B	66.90B
Total Liabilities	106.38B	150.08B	115.83B	116.21B	105.50B	95.91B
Stockholders Equity	46.80B	65.90B	61.45B	59.89B	60.83B	61.37B
Cash Flow
Free Cash Flow	4.30B	5.67B	9.32B	6.41B	1.97B	4.16B
Operating Cash Flow	12.26B	12.60B	14.20B	11.23B	9.79B	9.78B
Investing Cash Flow	-10.65B	-20.36B	-6.04B	-5.27B	-11.18B	-5.18B
Financing Cash Flow	-2.17B	3.54B	-2.86B	-5.43B	1.22B	-4.77B

Enbridge Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 65.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ENB, the sentiment is Neutral. The current price of 65.46 is below the 20-day moving average (MA) of 67.01, below the 50-day MA of 66.34, and above the 200-day MA of 62.90, indicating a neutral trend. The MACD of -0.23 indicates Positive momentum. The RSI at 41.66 is Neutral, neither overbought nor oversold. The STOCH value of 11.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ENB.

Enbridge Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEY	77 Outperform	C$9.28B	17.49	15.28%	4.66%	-4.09%	-3.57%
PPL	70 Outperform	$31.34B	19.22	10.22%	5.11%	2.81%	-14.92%
TRP	70 Outperform	$77.85B	22.93	12.96%	4.48%	-3.98%	-33.45%
ENB	69 Neutral	$142.31B	25.45	8.98%	5.76%	33.06%	-12.36%
GEI	68 Neutral	$4.24B	28.10	16.47%	6.54%	-12.18%	-29.17%
ALA	66 Neutral	C$12.42B	16.61	9.01%	3.01%	-0.68%	49.61%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Enbridge Corporate Events

Enbridge Reports Strong Q3 Results and Announces $3 Billion in New Projects

Enbridge Inc. reported strong third-quarter financial results for 2025, with a record EBITDA and reaffirmed its financial guidance for the year. The company announced $3 billion in new projects, including expansions in natural gas and liquids infrastructure, which are expected to enhance its market position and support growing energy demand across North America.

Enbridge Declares Consistent Quarterly Dividends for Common and Preferred Shares

Enbridge Inc. has announced the declaration of a quarterly dividend of $0.9425 per common share, consistent with the previous quarter, payable on December 1, 2025. The company also declared dividends for various series of preferred shares, reflecting its ongoing commitment to providing returns to shareholders and maintaining financial stability.