Enbridge (ENB) Competitors

$35.82
-0.44 (-1.21%)
(As of 04/26/2024 ET)

ENB vs. MPLX, EOG, MPC, SLB, PSX, CNQ, EQNR, PXD, EPD, and OXY

Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include Mplx (MPLX), EOG Resources (EOG), Marathon Petroleum (MPC), Schlumberger (SLB), Phillips 66 (PSX), Canadian Natural Resources (CNQ), Equinor ASA (EQNR), Pioneer Natural Resources (PXD), Enterprise Products Partners (EPD), and Occidental Petroleum (OXY). These companies are all part of the "oils/energy" sector.

Enbridge vs.

Enbridge (NYSE:ENB) and Mplx (NYSE:MPLX) are both large-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, risk, institutional ownership, dividends, analyst recommendations, valuation, media sentiment, profitability and earnings.

Enbridge has higher revenue and earnings than Mplx. Mplx is trading at a lower price-to-earnings ratio than Enbridge, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enbridge$32.33B2.36$4.59B$2.1017.06
Mplx$11.28B3.76$3.93B$3.8111.01

Mplx has a net margin of 34.82% compared to Enbridge's net margin of 13.97%. Mplx's return on equity of 31.85% beat Enbridge's return on equity.

Company Net Margins Return on Equity Return on Assets
Enbridge13.97% 10.23% 3.38%
Mplx 34.82%31.85%10.90%

54.6% of Enbridge shares are owned by institutional investors. Comparatively, 24.3% of Mplx shares are owned by institutional investors. 0.4% of Enbridge shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Enbridge received 199 more outperform votes than Mplx when rated by MarketBeat users. However, 71.04% of users gave Mplx an outperform vote while only 68.13% of users gave Enbridge an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
778
68.13%
Underperform Votes
364
31.87%
MplxOutperform Votes
579
71.04%
Underperform Votes
236
28.96%

Enbridge has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, Mplx has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.

In the previous week, Enbridge had 18 more articles in the media than Mplx. MarketBeat recorded 23 mentions for Enbridge and 5 mentions for Mplx. Enbridge's average media sentiment score of 0.88 beat Mplx's score of 0.18 indicating that Enbridge is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enbridge
11 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Mplx
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enbridge pays an annual dividend of $2.71 per share and has a dividend yield of 7.6%. Mplx pays an annual dividend of $3.40 per share and has a dividend yield of 8.1%. Enbridge pays out 129.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mplx pays out 89.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Mplx is clearly the better dividend stock, given its higher yield and lower payout ratio.

Enbridge currently has a consensus target price of $55.20, indicating a potential upside of 54.10%. Mplx has a consensus target price of $43.86, indicating a potential upside of 4.55%. Given Enbridge's higher probable upside, analysts plainly believe Enbridge is more favorable than Mplx.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
2 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.09
Mplx
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Summary

Mplx beats Enbridge on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ENB vs. The Competition

MetricEnbridgePipelines, except natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$76.15B$19.03B$8.15B$17.47B
Dividend Yield7.48%6.94%11.88%3.55%
P/E Ratio17.0621.0119.4125.14
Price / Sales2.361.3450.1110.49
Price / Cash10.055.8611.3517.65
Price / Book1.782.713.614.87
Net Income$4.59B$1.51B$982.27M$964.96M
7 Day Performance2.75%2.22%1.58%1.90%
1 Month Performance-0.47%1.62%2.55%-3.08%
1 Year Performance-8.88%19.74%8.09%96.69%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MPLX
Mplx
1.463 of 5 stars
$41.49
+0.7%
$43.86
+5.7%
+20.1%$41.93B$11.28B10.895,810Upcoming Earnings
Dividend Announcement
EOG
EOG Resources
3.9149 of 5 stars
$134.80
+0.7%
$142.19
+5.5%
+17.1%$77.54B$24.19B10.363,050Upcoming Earnings
Analyst Report
Short Interest ↑
MPC
Marathon Petroleum
3.7064 of 5 stars
$199.72
+0.7%
$193.77
-3.0%
+63.4%$71.44B$148.38B8.4918,200Upcoming Earnings
Dividend Announcement
SLB
Schlumberger
4.9711 of 5 stars
$49.55
+0.1%
$69.67
+40.6%
+2.6%$70.73B$33.14B16.46111,000Earnings Report
Dividend Increase
Short Interest ↑
Analyst Revision
PSX
Phillips 66
4.2602 of 5 stars
$158.90
+1.2%
$158.00
-0.6%
+54.9%$67.98B$149.89B10.2714,000Earnings Report
Analyst Downgrade
News Coverage
Gap Down
CNQ
Canadian Natural Resources
4.4973 of 5 stars
$77.08
+0.4%
$94.00
+22.0%
+31.0%$82.64B$30.25B13.9110,272Upcoming Earnings
Analyst Downgrade
Short Interest ↓
Analyst Revision
News Coverage
EQNR
Equinor ASA
0.8426 of 5 stars
$27.12
0.0%
$28.25
+4.2%
-1.1%$84.67B$107.17B6.9423,000Analyst Report
Short Interest ↑
News Coverage
PXD
Pioneer Natural Resources
3.8171 of 5 stars
$275.12
+0.6%
$261.55
-4.9%
+26.3%$64.27B$19.36B13.592,213Upcoming Earnings
Analyst Report
News Coverage
Positive News
EPD
Enterprise Products Partners
4.469 of 5 stars
$28.91
-0.3%
$32.58
+12.7%
+10.5%$62.67B$49.72B11.477,500Options Volume
OXY
Occidental Petroleum
3.5553 of 5 stars
$67.39
+0.6%
$71.94
+6.8%
+11.9%$59.74B$28.92B17.2412,570

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This page (NYSE:ENB) was last updated on 4/28/2024 by MarketBeat.com Staff

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