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Enbridge Inc. (ENB)

NYSE - Nasdaq Real Time Price. Currency in USD
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41.15-0.29 (-0.71%)
As of 01:41PM EDT. Market open.
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  • B
    Hope this level holds through next payout. Highly doubt it though.
  • J
    ENB's full-year Zacks Consensus Estimates are calling for earnings of $2.38 per share and revenue of $69.1 billion. These results would represent year-over-year changes of +8.68% and +85.42%, respectively.
  • K
    Some one dumped at EoD.
  • M
    This is a great investment for income purposes and to beat inflation.
  • T
    I have to buy more , so my dividends offset my energy bills. Win win win 🏆
  • A
    Any idea this hits 45 by the end of july. TIA
  • D
    Always be careful when working on stock and cryptos always ask for help, as this is how you avoid losses
  • J
    The core of Enbridge's business is its oil and natural gas pipelines, which make up 58% and 26% of earnings before interest, taxes, depreciation, and amortization (EBITDA), respectively. These midstream operations are fee based, so demand for oil and natural gas is more important than commodity prices, which tend to be volatile. In addition to these businesses, Enbridge also operates a natural gas utility business (12% of EBITDA) and a growing clean energy portfolio (4%). The utility business is regulated and the clean energy portfolio is driven by long-term contracts. Basically, Enbridge's business is extremely consistent and extremely boring. But that's a good thing when it comes to supporting a dividend, since energy-price volatility isn't a big worry here.

    Preparing for the future
    Now, that tiny 4% of EBITDA clean-energy portfolio is perhaps the most interesting aspect of the company today. It shows Enbridge is working to adjust along with the world around it, which will help ensure it can keep paying its dividend over the long haul. But this division isn't likely to stay so small for long, given that roughly a third of the company's capital-spending plan is earmarked for this division right now. Step back and think about that: 4% of the business is set to get one third of the capital spending. Enbridge is clearly looking to grow quickly in this space to keep pace with the world's clean energy zeitgeist.

    Strong financials
    Meanwhile, Enbridge has an investment-grade-rated balance sheet. That means it has a sound financial foundation to support its business and growth investment plans. Its financial debt to EBITDA ratio, meanwhile, is right in line with its peers, so there's no reason to think it is a greater financial risk than any of its closest competitors. Meanwhile, Enbridge's distributable cash flow payout ratio is expected to be around 65% in 2022. That's right smack in the middle of management's 60% to 70% target. Those are solid numbers all around.

    And that extra cash
    But the real number to consider here is $2 billion. That's the excess cash flow Enbridge expects to generate above its dividend and capital spending plans. Right now, it is using most of that money to buy back stock, but it could easily go toward acquisitions or more internal growth projects. The company could also pay down debt, allowing it to avoid having to pay higher rates to roll over maturing debt. All three would help to increase cash flow in the future. More directly, some of that excess cash could be used to pay dividends or to protect the current payout if there's some market adversity in the near future.
  • c
    Who do we blame for the down ENB this time? Anyone?
  • I
    I often wonder how some people with say 1 Million Dollars can invest in these kind of companies and live of the intrest comfortably.
    If I could talk to my younger self I would have invested heavily in stocks like ENB much earlier in life.
  • S
    This Behemot is a recession Proof
  • C
    Does anyone know why Enbridge has such low margins vs TC Energy? Its not even close.
  • B
    Anyone with an opinion on the issues with the mountain pipeline to the coast of BC? Looks like the Canadian govt may cancel the expansion. If so, how might this affect ENB?
  • B
    Enbridge dropped from $59.60
    To $52.12 it’s not so bad as the TD bank Dropped from $109 $83 banks can get you hurt too!!!
  • B
    I’m banking on Enbridge for dividends !!! It’s all goodI bought all I need now I just cash in dividends
    And enjoy life
  • S
    Enbridge raising nat gas price in Ontario by 23%.
  • B
    Enbridge is my world
    I’m travelling across Portugal
    We just bought a condo close to Portimão beach
    Great food reasonable prices
    Enbridge dividends will carry
    My mortgage @1.5% interest rate
    You need to be cool when markets gets hammered
    Think about the dividends!!!
  • W
    I’ve bought as low as $45 and as high as $58. I use my dry powder to buy these dips. As long as they pay a dividend I will never sell just buy buy buy. This has worked well for me anyway.
  • J
    Enbridge owns big huge pipelines and they get paid for transferring oil.
    Enbridge continues to transport oil. It's like printing money. People need the oil delivered.
  • J
    Fear causes people to dump their holdings and run for cover. If you can't control your emotions, you lose in the markets. If you review the fundamentals of a company every quarter and make a buy/sell/hold decision based on that (and NOT the stock price) then you'll be fine. Panic makes everyone else wealth - I hate seeing so much red, but I've lived through booms and busts alike - this one is merely the latest and in the future it will just be another dip in the long range charts.