Enbridge Inc. (ENB) Stock
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.
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About Enbridge Inc.
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, store, and export 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 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.
Enbridge Inc. is led by CEO Gregory Lorne Ebel, employs 14,500 people, headquartered in Calgary, CA, publicly traded since 1984.
Enbridge Inc. (ENB) stock trades at $55.14 with a market capitalization of $120.41B. The stock is valued at a price-to-earnings (P/E) ratio of 26.50, price-to-book of 2.94, price-to-sales of 2.04. Over the past 52 weeks the stock has ranged between $43.59 and $58.45, and currently trades 5.7% below its 52-week high. It pays a dividend yielding 4.89%.
On profitability, Enbridge Inc. generates a return on equity (ROE) of 10.13%, return on capital employed of 12.11%, an operating margin of 16.47%, a net profit margin of 9.43%.
In its most recent fiscal year, Enbridge Inc. reported annual revenue of $65.2B, net profit of $7.5B, revenue has compounded at 10.8% a year over the last five years, profit at 17.4% a year. Profit growing faster than revenue points to expanding margins.
The balance sheet shows a debt-to-equity ratio of 1.69, a current ratio of 0.46, total assets of $299.8B, $1.5B in cash and equivalents.
ENB has an average daily trading volume of 4,077,630 shares, a beta of 0.81.
Official website: www.enbridge.com