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Enbridge (ENB) Competitors

C$50.04
-0.02 (-0.04%)
(As of 05/17/2024 08:55 PM 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.

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

TC Energy has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500. Comparatively, Enbridge has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.

83.1% of TC Energy shares are owned by institutional investors. Comparatively, 53.5% of Enbridge shares are owned by institutional investors. 0.0% of TC Energy shares are owned by company insiders. Comparatively, 0.1% of Enbridge shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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
TC EnergyC$16.25B3.39C$2.72BC$2.6220.21
EnbridgeC$42.61B2.50C$5.53BC$2.6518.88

In the previous week, Enbridge had 30 more articles in the media than TC Energy. MarketBeat recorded 35 mentions for Enbridge and 5 mentions for TC Energy. TC Energy's average media sentiment score of 0.41 beat Enbridge's score of 0.37 indicating that Enbridge is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TC Energy
1 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Enbridge
6 Very Positive mention(s)
6 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

TC Energy pays an annual dividend of C$3.84 per share and has a dividend yield of 7.3%. Enbridge pays an annual dividend of C$3.66 per share and has a dividend yield of 7.3%. TC Energy pays out 146.6% 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 138.1% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Enbridge received 154 more outperform votes than TC Energy when rated by MarketBeat users. Likewise, 69.93% of users gave Enbridge an outperform vote while only 61.93% of users gave TC Energy an outperform vote.

CompanyUnderperformOutperform
TC EnergyOutperform Votes
597
61.93%
Underperform Votes
367
38.07%
EnbridgeOutperform Votes
751
69.93%
Underperform Votes
323
30.07%

TC Energy has a net margin of 17.31% compared to TC Energy's net margin of 13.81%. TC Energy's return on equity of 8.70% beat Enbridge's return on equity.

Company Net Margins Return on Equity Return on Assets
TC Energy17.31% 8.37% 3.46%
Enbridge 13.81%8.70%3.15%

TC Energy currently has a consensus target price of C$54.50, indicating a potential upside of 2.93%. Enbridge has a consensus target price of C$53.56, indicating a potential upside of 7.04%. Given TC Energy's stronger consensus rating and higher probable upside, analysts plainly believe Enbridge is more favorable than TC Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TC Energy
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36
Enbridge
0 Sell rating(s)
6 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.54

Summary

Enbridge beats TC Energy on 15 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 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$106.59BC$26.95BC$4.16BC$5.50B
Dividend Yield7.31%5.97%6.48%5.53%
P/E Ratio18.8810.50206.0323.43
Price / Sales2.502.7120,608.092,200.85
Price / Cash94.53109.0969.0280.11
Price / Book1.852.211.753.22
Net IncomeC$5.53BC$1.34BC$447.58MC$291.80M
7 Day Performance-3.15%0.86%0.42%1.54%
1 Month Performance4.32%3.80%1.31%3.94%
1 Year Performance-0.06%15.15%21.17%26.53%

Enbridge Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRP
TC Energy
2.9582 of 5 stars
C$52.78
+1.1%
C$54.50
+3.3%
-2.6%C$54.89BC$16.31B20.157,000Analyst Revision
PPL
Pembina Pipeline
1.8938 of 5 stars
C$50.35
+0.5%
C$53.08
+5.4%
+19.6%C$29.18BC$9.13B16.842,349Analyst Forecast
CNQ
Canadian Natural Resources
3.5325 of 5 stars
C$104.59
-1.4%
C$111.47
+6.6%
+36.1%C$111.91BC$35.58B15.4710,272Analyst Revision
Positive News
SU
Suncor Energy
3.0753 of 5 stars
C$54.79
-0.3%
C$58.08
+6.0%
+40.5%C$70.68BC$49.09B8.6614,906Positive News
CVE
Cenovus Energy
4.0057 of 5 stars
C$28.07
-1.2%
C$33.19
+18.2%
+23.5%C$52.49BC$53.34B11.606,925
IMO
Imperial Oil
2.5303 of 5 stars
C$95.44
-0.4%
C$96.31
+0.9%
+50.5%C$51.14BC$50.89B11.115,300
CCO
Cameco
0.5972 of 5 stars
C$69.60
-2.6%
C$75.44
+8.4%
+98.5%C$30.22BC$2.59B83.864,800
ALA
AltaGas
1.9331 of 5 stars
C$30.58
+0.6%
C$34.33
+12.3%
+31.6%C$9.06BC$12.60B14.843,045
KEY
Keyera
2.2017 of 5 stars
C$35.54
+1.1%
C$36.67
+3.2%
+17.8%C$8.14BC$7.05B19.211,005Dividend Announcement
Analyst Revision
GEI
Gibson Energy
0 of 5 stars
C$22.73
+1.0%
C$25.63
+12.7%
+5.4%C$3.67BC$11.01B16.12460Positive News

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This page (TSE:ENB) was last updated on 5/20/2024 by MarketBeat.com Staff

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