Enbridge (ENB) — Fundamentals Overview

By Chris Stiles • Monday, January 01 10:34 • Permanent Link

More and more people are talking about Enbridge over the last few weeks. Is it worth buying the Oil & Gas Transportation and Processing stock at a price of $36.02? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Enbridge has moved -7.7% over the last year, and the S&P 500 logged a change of 24.7%
ENB has an average analyst rating of hold and is -9.88% away from its mean target price of $39.97 per share
Its trailing earnings per share (EPS) is $1.13
Enbridge has a trailing 12 month Price to Earnings (P/E) ratio of 31.9 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $2.07 and its forward P/E ratio is 17.4
The company has a Price to Book (P/B) ratio of 1.31 in contrast to the S&P 500's average ratio of 2.95
Enbridge is part of the Energy sector, which has an average P/E ratio of 8.53 and an average P/B of 1.78
ENB has reported YOY quarterly earnings growth of -58.8% and gross profit margins of 0.5%
The company has a free cash flow of $3.44 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Enbridge Inc., together with its subsidiaries, 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 the 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 power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.