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Enbridge Inc. (ENB)

Energy | Oil & Gas Midstream | Calgary, Canada | NYSE
55.07 USD +0.41 (0.750%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 54.85 -0.22 (-0.222%) ⇩ (July 13, 2026, 7:55 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 2:59 a.m. EDT

The most critical issue here is the unsustainable payout ratio of 129%, which signals that the current dividend is being funded by debt or cash reserves rather than organic earnings. While the company boasts a massive 20.8% revenue growth and a recent 24% price surge, the fundamentals are deteriorating: earnings are contracting by nearly 26%, free cash flow is negative, and the balance sheet is heavily leveraged. The market appears to be pricing in a 'value trap' scenario where the high yield is a trap for capital preservation. Although the recent price action and revenue expansion are impressive, the inability to cover its dividend with earnings creates a severe ceiling on the long-term rating. For the short term, the defensive positioning in options and the weak statistical forecast suggest caution is warranted despite the recent rally.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_90 ✓0.025512
AutoTheta0.036461
MSTL_90_1150.038215
AutoETS0.038559
AutoARIMA0.038560
MSTL0.040520
MSTL_1150.062301

Forecast horizon: 60 days | Selected: MSTL_90

Forecast Reliability
Score 59%
H-stat 1.09
Ljung-Box p 0.000
Jarque-Bera p 0.616
Excess Kurtosis -0.60
Attribute Value
Sector Energy
Ex Dividend Date 2026-05-14
Last Dividend Date 2026-05-14
Debt to Equity Ratio 160.133
Revenue per Share 31.663
Market Cap 120,256,159,744
Trailing P/E 26.35
Forward P/E 24.35
Beta 0.80
Profit Margins 10.00%
Website https://www.enbridge.com

As of July 11, 2026, 2:59 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the near term where out-of-the-money puts show significant open interest. This suggests a fear of downside volatility rather than a bullish breakout. Long-dated options show mixed sentiment with elevated implied variance on deep strikes, indicating uncertainty about the multi-year trend.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.28% 4.11% 6.03% 6.23%
Dividend History
Date Dividend Yield %
2026-05-15 0.707000 1.278250
2026-02-17 0.712000 1.384137
2025-08-15 0.683000 1.451956
2025-05-15 0.680000 1.513802
2025-02-14 0.670000 1.555607
2024-11-15 0.653000 1.548127
2024-08-15 0.668000 1.731916
2024-05-14 0.670000 1.811300
2024-02-14 0.675000 2.025202
2023-11-14 0.643000 1.932672
2023-08-14 0.660000 1.854453
2023-05-12 0.658000 1.711759
2023-02-14 0.666000 1.674629
2022-11-14 0.649000 1.616036
2022-08-12 0.674000 1.549069
2022-05-12 0.662000 1.551078
2022-02-14 0.675000 1.628468
2021-11-12 0.664000 1.643158
2021-08-12 0.668000 1.704517
2021-05-13 0.688000 1.792133
2021-02-11 0.657000 1.872862
2020-11-12 0.620000 2.142363
2020-08-13 0.611000 1.858838
2020-05-14 0.574000 1.873368
2020-02-13 0.611000 1.454069
2019-11-14 0.557000 1.476670
2019-08-14 0.558000 1.703297
2019-05-14 0.548000 1.503842
2019-02-14 0.557000 1.560224
2018-11-14 0.051000 0.158533
2018-05-14 0.524000 1.575940
2018-02-14 0.533000 1.553936
2017-11-14 0.479000 1.369745
2017-08-11 0.479000 1.213580
2017-05-11 0.447000 1.116663
2017-02-13 0.446000 1.032886
2016-11-10 0.395000 0.938911
2016-08-11 0.406000 0.968280
2016-05-12 0.412000 1.023857
2016-02-11 0.381000 1.235809
2015-11-12 0.351000 0.957447
2015-08-12 0.355000 0.831966
2015-05-13 0.387000 0.758824
2015-02-11 0.400000 0.822368
2014-11-12 0.309000 0.674084
2014-08-13 0.320000 0.652662
2014-05-13 0.321000 0.673804
2014-02-12 0.318000 0.746304
2013-11-13 0.300000 0.695733
2013-08-13 0.306000 0.723404
2013-05-13 0.312000 0.671112
2013-02-13 0.318000 0.719946
2012-11-13 0.282000 0.726056
2012-08-13 0.284000 0.717534
2012-05-11 0.283000 0.703980
2012-02-13 0.282000 0.727930
2011-11-10 0.240000 0.706922
2011-08-11 0.249000 0.787476
2011-05-11 0.255500 0.815512
2011-02-11 0.245500 0.838886
2010-11-10 0.212500 0.771885
2010-08-11 0.205500 0.852520
2010-05-12 0.207500 0.860817
2010-02-10 0.198500 0.910133
2009-11-12 0.177000 0.872351
2009-08-13 0.167500 0.888594
2009-05-13 0.159000 1.022179
2009-02-11 0.147500 0.883498
2008-11-12 0.141000 0.887071
2008-08-13 0.154000 0.756385
2008-05-13 0.164500 0.758064
2008-02-13 0.165000 0.811808
2007-11-13 0.163000 0.832695
2007-08-13 0.146000 0.851560
2007-05-11 0.139000 0.821999
2007-02-13 0.131000 0.796837
2006-11-13 0.128000 0.756278
2006-08-11 0.127500 0.797373
2006-05-11 0.130000 0.879865
2006-02-13 0.125500 0.813087
2005-11-10 0.121500 0.808114
2005-08-11 0.125000 0.857045
2005-05-12 0.125000 0.951294
2005-02-11 0.100000 0.783699
2004-11-10 0.114500 1.066356
2004-08-12 0.114500 1.177984
2004-05-13 0.114500 1.222964
2004-02-11 0.114500 1.184993
2003-11-12 0.079000 0.776031
2003-08-13 0.103750 1.114692
2003-05-19 0.103750 1.207448
2003-02-12 0.103750 1.538176
2002-11-18 0.095000 1.320820
2002-08-07 0.095000 1.274740
2002-05-15 0.095000 1.264559
2002-02-11 0.095000 1.381316
2001-11-20 0.087500 1.291513
2001-08-08 0.087500 1.296777
2001-05-16 0.087500 1.402806
2001-02-07 0.087500 1.362530
2000-11-15 0.080750 1.279208
2000-08-09 0.080750 1.476571
2000-05-10 0.080750 1.468182
2000-02-09 0.075750 1.637838
1999-11-17 0.075750 1.442857
1999-08-11 0.075750 1.385143
1999-05-12 0.075500 1.327473
1999-02-10 0.071875 1.276005
1998-11-17 0.071875 1.310541
1998-08-12 0.071875 1.437500
1998-05-13 0.068125 1.231638
1998-02-11 0.068125 1.159574
1997-11-19 0.068125 1.337423
1997-08-20 0.068125 1.482993
1997-05-14 0.064375 1.654618
1997-02-12 0.064375 1.695473
1996-11-13 0.064375 1.674797
1996-08-16 0.064375 1.907407
1996-05-13 0.062500 2.051282
1996-02-14 0.062500 2.020202
1995-11-17 0.062500 2.040816
1995-08-11 0.062500 2.259887
1995-05-22 0.062500 2.234637
1995-02-07 0.062500 2.463434
1994-11-08 0.062500 2.439024
1994-08-15 0.062500 2.288984
1994-05-11 0.062500 2.352941
1994-02-07 0.062500 1.960784
1993-11-08 0.062500 2.173913
1993-08-10 0.062500 2.116402
1993-05-11 0.062500 2.247191
1993-02-08 0.062500 2.597403
1992-11-06 0.062500 2.469136
1992-08-11 0.062500 2.366864
1992-05-11 0.062500 2.439024
1992-02-10 0.062500 2.040816
1992-01-09 0.062500 2.094241
1991-11-08 0.062500 1.869159
1991-08-12 0.062500 1.941748
1991-05-09 0.062500 1.980198
1990-08-09 0.038063 1.190466
Additional Data
dividendRate 2.81
dividendYield 5.14
exDividendDate 2026-05-15
trailingAnnualDividendRate 3.8
trailingAnnualDividendYield 0.069520675
lastDividendValue 0.707
lastDividendDate 2026-05-15
dividendDate 2026-06-01

Info Dump

Attribute Value
52 Week Change 0.20902455
Address1 200, Fifth Avenue Place
Address2 425 - 1st Street S.W.
All Time High 58.45
All Time Low 1.465438
Ask 0.0
Ask Size 1,800
Audit Risk 1
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 4,659,390
Average Daily Volume3 Month 4,428,900
Average Volume 4,428,900
Average Volume10Days 4,659,390
Beta 0.795
Bid 0.0
Bid Size 200
Board Risk 1
Book Value 18.783764
City Calgary
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 55.07
Current Ratio 0.809
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 55.35
Day Low 54.79
Debt To Equity 160.133
Dividend Date 1,780,272,000
Dividend Rate 2.81
Dividend Yield 5.14
Earnings Call Timestamp End 1,785,528,000
Earnings Call Timestamp Start 1,785,528,000
Earnings Growth -0.262
Earnings Quarterly Growth -0.248
Earnings Timestamp 1,785,501,000
Earnings Timestamp End 1,785,501,000
Earnings Timestamp Start 1,785,501,000
Ebitda 17,057,000,448
Ebitda Margins 0.24702999
Enterprise To Ebitda 13.986
Enterprise To Revenue 3.455
Enterprise Value 238,558,167,040
Eps Current Year 2.90637
Eps Forward 2.2620516
Eps Trailing Twelve Months 2.09
Esg Populated 0
Ex Dividend Date 1,778,803,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 403-231-3920
Fifty Day Average 55.3946
Fifty Day Average Change -0.32460022
Fifty Day Average Change Percent -0.005859781
Fifty Two Week Change Percent 20.902454
Fifty Two Week High 58.45
Fifty Two Week High Change -3.380001
Fifty Two Week High Change Percent -0.05782722
Fifty Two Week Low 44.37
Fifty Two Week Low Change 10.700001
Fifty Two Week Low Change Percent 0.24115396
Fifty Two Week Range 44.37 - 58.45
Financial Currency CAD
First Trade Date Milliseconds 448,209,000,000
Five Year Avg Dividend Yield 6.48
Float Shares 2,180,049,642
Forward Eps 2.2620516
Forward P E 24.345156
Free Cashflow -1,430,499,968
Full Exchange Name NYSE
Full Time Employees 14,800
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.38861
Gross Profits 26,833,000,448
Has Pre Post Market Data 1
Held Percent Insiders 0.00126
Held Percent Institutions 0.53103
Implied Shares Outstanding 2,183,696,415
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Ir Website http://www.enbridge.com/InvestorRelations.aspx
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,778,803,200
Last Dividend Value 0.707
Last Fiscal Year End 1,767,139,200
Last Split Date 1,306,886,400
Last Split Factor 2:1
Long Business Summary Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Long Name Enbridge Inc.
Market us_market
Market Cap 120,256,159,744
Market State PREPRE
Max Age 86,400
Message Board Id finmb_280420
Most Recent Quarter 1,774,915,200
Net Income To Common 6,456,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 118,959,696,228
Number Of Analyst Opinions 4
Open 55.15
Operating Cashflow 11,559,000,064
Operating Margins 0.14734
Overall Risk 4
Payout Ratio 1.2873
Peg Ratio 5.32
Phone 403-231-3900
Post Market Change -0.22249985
Post Market Change Percent -0.40403095
Post Market Price 54.8475
Post Market Time 1,783,986,938
Previous Close 54.66
Price Eps Current Year 18.948034
Price Hint 2
Price To Book 2.9317873
Price To Sales Trailing12 Months 1.7416061
Profit Margins 0.1
Quick Ratio 0.526
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.47826
Region US
Regular Market Change 0.41
Regular Market Change Percent 0.750091
Regular Market Day High 55.35
Regular Market Day Low 54.79
Regular Market Day Range 54.79 - 55.35
Regular Market Open 55.15
Regular Market Previous Close 54.66
Regular Market Price 55.07
Regular Market Time 1,783,972,803
Regular Market Volume 2,129,439
Return On Assets 0.03171
Return On Equity 0.10127
Revenue Growth 0.208
Revenue Per Share 31.663
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 7
Shares Outstanding 2,183,696,415
Shares Percent Shares Out 0.0107
Shares Short 23,435,546
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 24,440,972
Short Name Enbridge Inc
Short Percent Of Float 0.0107
Short Ratio 6.21
Source Interval 15
State AB
Symbol ENB
Target High Price 58.041553
Target Low Price 45.19561
Target Mean Price 52.001797
Target Median Price 52.385014
Total Cash 1,706,000,000
Total Cash Per Share 0.781
Total Debt 109,671,997,440
Total Revenue 69,048,999,936
Tradeable 0
Trailing Annual Dividend Rate 3.8
Trailing Annual Dividend Yield 0.069520675
Trailing Eps 2.09
Trailing P E 26.349283
Trailing Peg Ratio 5.3189
Triggerable 1
Two Hundred Day Average 51.21115
Two Hundred Day Average Change 3.8588486
Two Hundred Day Average Change Percent 0.07535172
Type Disp Equity
Volume 2,129,439
Website https://www.enbridge.com
Zip T2P 3L8