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 (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.
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.
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.
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.
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.
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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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.
Skip ChartThis 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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