Enbridge (ENB) Competitors

C$48.96
-0.56 (-1.13%)
(As of 04/26/2024 ET)

ENB vs. TRP, PPL, CNQ, SU, CVE, IMO, CCO, ALA, KEY, and GEI

Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include TC Energy (TRP), Pembina Pipeline (PPL), Canadian Natural Resources (CNQ), Suncor Energy (SU), Cenovus Energy (CVE), Imperial Oil (IMO), Cameco (CCO), AltaGas (ALA), Keyera (KEY), and Gibson Energy (GEI). These companies are all part of the "energy" sector.

Enbridge vs.

Enbridge (TSE:ENB) and TC Energy (TSE:TRP) are both large-cap energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EnbridgeC$43.65B2.39C$5.84BC$2.8417.24
TC EnergyC$15.93B3.22C$2.83BC$2.7517.93

In the previous week, Enbridge had 3 more articles in the media than TC Energy. MarketBeat recorded 23 mentions for Enbridge and 20 mentions for TC Energy. Enbridge's average media sentiment score of 0.51 beat TC Energy's score of 0.27 indicating that Enbridge is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enbridge
3 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
TC Energy
3 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enbridge currently has a consensus target price of C$52.94, suggesting a potential upside of 8.12%. TC Energy has a consensus target price of C$54.44, suggesting a potential upside of 10.42%. Given TC Energy's higher probable upside, analysts plainly believe TC Energy is more favorable than Enbridge.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50
TC Energy
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36

Enbridge received 152 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 70.07% of users gave Enbridge an outperform vote while only 61.99% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
EnbridgeOutperform Votes
749
70.07%
Underperform Votes
320
29.93%
TC EnergyOutperform Votes
597
61.99%
Underperform Votes
366
38.01%

Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.5%. TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.8%. Enbridge pays out 128.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TC Energy pays out 139.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

TC Energy has a net margin of 18.34% compared to Enbridge's net margin of 14.18%. Enbridge's return on equity of 9.47% beat TC Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Enbridge14.18% 9.47% 3.20%
TC Energy 18.34%8.39%3.56%

53.7% of Enbridge shares are owned by institutional investors. Comparatively, 79.1% of TC Energy shares are owned by institutional investors. 0.1% of Enbridge shares are owned by insiders. Comparatively, 0.0% of TC Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Enbridge has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, TC Energy has a beta of 0.73, indicating that its share price is 27% less volatile than the S&P 500.

Summary

Enbridge beats TC Energy on 13 of the 20 factors compared between the two stocks.

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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 TSE 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

MetricEnbridgeOil & Gas Midstream IndustryEnergy SectorTSE Exchange
Market CapC$104.28BC$23.67BC$4.71BC$5.36B
Dividend Yield7.78%5.91%6.51%5.51%
P/E Ratio17.2410.0196.8324.09
Price / Sales2.393.0920,457.871,545.89
Price / Cash94.5398.1667.1279.27
Price / Book1.902.121.503.14
Net IncomeC$5.84BC$1.29BC$548.73MC$299.17M
7 Day Performance2.06%1.29%1.08%1.06%
1 Month Performance0.31%0.68%3.35%13.95%
1 Year Performance-8.37%10.14%22.27%21.90%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRP
TC Energy
3.9144 of 5 stars
C$49.05
+1.1%
C$54.94
+12.0%
-10.3%C$51.01BC$15.93B17.847,000Upcoming Earnings
Analyst Revision
News Coverage
PPL
Pembina Pipeline
2.6978 of 5 stars
C$47.98
+1.7%
C$53.08
+10.6%
+10.9%C$26.36BC$9.13B16.052,349Analyst Revision
News Coverage
CNQ
Canadian Natural Resources
3.6232 of 5 stars
C$105.31
-0.5%
C$108.40
+2.9%
+32.7%C$112.68BC$35.97B14.1010,272Upcoming Earnings
Analyst Report
Analyst Revision
SU
Suncor Energy
3.2143 of 5 stars
C$52.99
+1.1%
C$56.81
+7.2%
+34.9%C$68.36BC$49.09B8.3714,906Analyst Report
CVE
Cenovus Energy
3.6451 of 5 stars
C$28.69
+0.8%
C$32.88
+14.6%
+31.4%C$53.65BC$52.20B13.536,925Analyst Report
Positive News
IMO
Imperial Oil
2.9219 of 5 stars
C$95.63
+1.2%
C$94.23
-1.5%
+39.2%C$51.24BC$50.70B11.265,300Dividend Announcement
Analyst Report
News Coverage
CCO
Cameco
1.2006 of 5 stars
C$66.18
-0.2%
C$72.67
+9.8%
+88.3%C$28.74BC$2.59B79.734,800Analyst Report
Analyst Revision
News Coverage
ALA
AltaGas
1.9552 of 5 stars
C$29.89
+1.4%
C$33.75
+12.9%
+26.4%C$8.83BC$13B13.233,045Upcoming Earnings
Analyst Revision
News Coverage
KEY
Keyera
2.0765 of 5 stars
C$35.00
+0.8%
C$36.75
+5.0%
+11.4%C$8.02BC$7.05B18.921,005Analyst Report
Analyst Revision
News Coverage
GEI
Gibson Energy
2.2806 of 5 stars
C$22.71
+1.2%
C$25.46
+12.1%
+1.8%C$3.67BC$11.01B16.11460Upcoming Earnings
Analyst Revision
News Coverage

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This page (TSE:ENB) was last updated on 4/27/2024 by MarketBeat.com Staff

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