Enbridge (ENB) Competitors

$36.75
-0.01 (-0.03%)
(As of 05/17/2024 ET)

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.

Enbridge vs.

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mplx
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
Enbridge
2 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.09

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mplx$11.28B3.64$3.93B$3.8810.43
Enbridge$32.33B2.42$4.59B$1.9718.65

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.

CompanyUnderperformOutperform
MplxOutperform Votes
584
71.22%
Underperform Votes
236
28.78%
EnbridgeOutperform Votes
778
68.13%
Underperform Votes
364
31.87%

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.

Company Net Margins Return on Equity Return on Assets
Mplx34.96% 31.70% 11.01%
Enbridge 13.59%10.53%3.45%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mplx
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Enbridge
12 Very Positive mention(s)
2 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Mplx beats Enbridge on 12 of the 21 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$78.13B$19.06B$8.64B$18.12B
Dividend Yield7.26%6.98%11.68%3.44%
P/E Ratio18.6519.4911.3123.27
Price / Sales2.421.3533.0610.61
Price / Cash10.185.8411.8419.24
Price / Book1.742.812.966.00
Net Income$4.59B$1.51B$994.91M$966.17M
7 Day Performance-2.78%-0.30%1.82%1.85%
1 Month Performance5.30%1.96%3.12%6.59%
1 Year Performance-0.92%19.68%7.33%23.69%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MPLX
Mplx
3.7705 of 5 stars
$40.45
-1.8%
$45.11
+11.5%
+18.3%$41.10B$11.28B10.425,810High Trading Volume
CNQ
Canadian Natural Resources
4.5428 of 5 stars
$75.84
-0.7%
$94.00
+23.9%
+37.4%$81.31B$30.25B15.1110,272Stock Split
Analyst Revision
EOG
EOG Resources
4.4055 of 5 stars
$129.43
+0.0%
$143.05
+10.5%
+16.0%$74.38B$24.19B10.223,050Analyst Forecast
Insider Selling
Short Interest ↓
Analyst Revision
News Coverage
SLB
Schlumberger
4.9918 of 5 stars
$48.61
-0.3%
$68.72
+41.4%
+8.3%$69.48B$34.11B16.15111,000Insider Selling
CEG
Constellation Energy
2.7527 of 5 stars
$217.74
+1.9%
$208.50
-4.2%
+161.8%$68.64B$24.92B29.0713,871Analyst Forecast
EQNR
Equinor ASA
1.0574 of 5 stars
$28.72
+0.2%
$28.25
-1.6%
+3.5%$89.51B$102.73B8.8923,000Short Interest ↑
Analyst Revision
News Coverage
PXD
Pioneer Natural Resources
3.4112 of 5 stars
$269.62
flat
$264.10
-2.0%
N/A$63.00B$19.36B13.322,213Analyst Forecast
EPD
Enterprise Products Partners
4.0323 of 5 stars
$28.95
+0.6%
$32.75
+13.1%
+9.5%$62.86B$49.72B11.357,500Analyst Forecast
Short Interest ↑
MPC
Marathon Petroleum
3.8722 of 5 stars
$174.50
-1.9%
$190.77
+9.3%
+61.9%$61.48B$150.31B8.7218,200Analyst Forecast
PSX
Phillips 66
4.4256 of 5 stars
$144.81
-0.2%
$156.21
+7.9%
+52.8%$61.39B$149.89B11.1414,000Analyst Forecast
Analyst Revision

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This page (NYSE:ENB) was last updated on 5/19/2024 by MarketBeat.com Staff

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