ENB vs. MPLX, CNQ, EOG, SLB, CEG, EQNR, PXD, EPD, MPC, and PSX
Should you be buying Enbridge stock or one of its competitors? The main competitors of Enbridge include Mplx (MPLX), Canadian Natural Resources (CNQ), EOG Resources (EOG), Schlumberger (SLB), Constellation Energy (CEG), Equinor ASA (EQNR), Pioneer Natural Resources (PXD), Enterprise Products Partners (EPD), Marathon Petroleum (MPC), and Phillips 66 (PSX). These companies are all part of the "oils/energy" sector.
Mplx (NYSE:MPLX) and Enbridge (NYSE:ENB) are both large-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, community ranking, dividends, media sentiment, valuation, profitability, institutional ownership, risk and analyst recommendations.
Mplx has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500.
Mplx currently has a consensus target price of $45.11, suggesting a potential upside of 11.52%. Enbridge has a consensus target price of $55.20, suggesting a potential upside of 50.20%. Given Mplx's higher possible upside, analysts plainly believe Enbridge is more favorable than Mplx.
Mplx pays an annual dividend of $3.40 per share and has a dividend yield of 8.4%. Enbridge pays an annual dividend of $2.67 per share and has a dividend yield of 7.3%. Mplx pays out 87.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Enbridge pays out 135.5% 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 has increased its dividend for 10 consecutive years and Enbridge has increased its dividend for 1 consecutive years. Mplx is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
24.3% of Mplx shares are held by institutional investors. Comparatively, 54.6% of Enbridge shares are held by institutional investors. 0.4% of Enbridge shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
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.
Enbridge received 194 more outperform votes than Mplx when rated by MarketBeat users. However, 71.22% of users gave Mplx an outperform vote while only 68.13% of users gave Enbridge an outperform vote.
Mplx has a net margin of 34.96% compared to Mplx's net margin of 13.59%. Enbridge's return on equity of 31.70% beat Mplx's return on equity.
In the previous week, Enbridge had 28 more articles in the media than Mplx. MarketBeat recorded 34 mentions for Enbridge and 6 mentions for Mplx. Mplx's average media sentiment score of 0.41 beat Enbridge's score of 0.40 indicating that Enbridge is being referred to more favorably in the news media.
Summary
Mplx beats Enbridge on 12 of the 21 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 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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