Key Factors to Evaluate Before Investing in Enbridge Inc (ENB)

By Naomi Wentworth • Tuesday, May 13 09:55 • Permanent Link

Join us for a quick overview of Enbridge Inc, a Oil & Gas Transportation and Processing company whose shares moved -0.1% today. Here are some facts about the stock that should help you see the bigger picture:

Enbridge Inc has moved 25.0% over the last year, and the S&P 500 logged a change of 8.0%
ENB has an average analyst rating of buy and is -9.65% away from its mean target price of $49.26 per share
Its trailing earnings per share (EPS) is $1.69
Enbridge Inc has a trailing 12 month Price to Earnings (P/E) ratio of 26.3 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $2.14 and its forward P/E ratio is 20.8
The company has a Price to Book (P/B) ratio of 1.64 in contrast to the S&P 500's average ratio of 4.74
Enbridge Inc is part of the Energy sector, which has an average P/E ratio of 18.35 and an average P/B of 1.6
ENB has reported YOY quarterly earnings growth of -72.3% and gross profit margins of 0.5%
The company has a free cash flow of $3.76 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 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 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 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 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.

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