ENBRIDGE INC (ENB)
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
$48.78-0.33%
Close 2026-11-04 · 1-day change
NYSEEnergyOil & Gas MidstreamSnapshot 2026-11-04
Research Workspace
Put ENB beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Energy is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Quarterly dividend per share around $0.97: Comparison needs review.
View ThesisModerate volatility — typically moves about 1% a day.
View RiskEnbridge's growth projects must keep compounding to justify the price. Revenue growth is steady, and the last quarter beat expectations. The company trades at 20x earnings, slightly below the 20x peer median. The price is roughly in line with the growth we forecast. The primary pillar is under pressure, but the comparison needs review. The thesis comparison is not yet verified. Peer multiples imply a price about 16% above where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-11-04. ENB is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 24 analysts currently covering ENB (as of Nov 2026).
Based on 4 Wall Street analysts offering 12-month price targets for ENB in the last 4 months.
Continue this research
Compare ENB with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| ENB Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Storage & Transportation — fair value, gap to price, and forward P/E.
Compare the value case
Put ENB next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Execute major growth projects including Line 5 Relocation and Sunrise Expansion
Reaffirmed dividend outlook supports financial guidance.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $48.78
The last 12 months of price, then the range of analyst 12-month targets from today’s $48.78.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Threatens: Execute major growth projects including Line 5 Relocation and Sunrise Expansion
Line 5 issues could delay major growth projects.
Threatens: Maintain disciplined capital allocation including debt issuance
High leverage and rising rates impact capital allocation.
Advances: Execute major growth projects including Line 5 Relocation and Sunrise Expansion
Line 5 restart supports major growth project execution.
Advances: Advance secured growth backlog and sanction new projects
Advances secured growth backlog with new pipeline project.
Advances: Advance secured growth backlog and sanction new projects
Seeks interest for new project, supporting growth objectives.
Threatens: Sustain dividend payments to shareholders
High payout ratio raises concerns over dividend sustainability.
Advances: Advance secured growth backlog and sanction new projects
Acquisition expands growth opportunities in oil sector.
