Enbridge Inc (ENB) stock

NYSE: ENB NYSE Oil & Gas Storage & Transportation Next results ~November 6, 2026

Enbridge Inc is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$40

Valuation models combined (2)

Base case. Range ~$29–$46. Weighted average of 2 models (forward price-to-earnings vs peers, forward price-to-sales vs peers).

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Enbridge Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Funds634 adding, 591 cuttingOf 53 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers
Congress0 purchases, 1 saleBy 1 member of Congress, last 12 months, as disclosedTrades by members of Congress

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Enbridge Inc's latest figures clears our strength thresholds.

Things to watch

Results due soon. Results are expected around 6 November; the share price can move sharply on the day.

Latest results

Earnings per share: $0.63 against an average estimate of $0.60: beat by 5.6%
Share reaction: -2.4% in the first session after the results on July 31, 2026, against +2.2% for the S&P 500
Next report: November 6, 2026; average EPS estimate $0.49

Enbridge's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

1 day-0.5%
1 week+1.9%
1 month+7.0%
This year+7.0%
1 year+9.8%
5 years+58.0%
S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results: July 31, 2026
Next results (est.): November 6, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

September 14, 2026Announcement

Enbridge Inc disclosed a material event

SEC 8-KRead source ↗
September 9, 2026Announcement

Enbridge Inc made a public disclosure

SEC 8-KRead source ↗SEC filing ↗
September 8, 2026Leadership

Enbridge Inc announced a director or officer change; made a public disclosure

SEC 8-KRead source ↗
July 31, 2026Results

Enbridge Inc reported results

SEC 8-KRead source ↗

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Enbridge Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Enbridge Inc as an operating company, with every model that fits that kind of business. Cost of equity 7.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.51 times a 4.5% equity risk premium.

Value per share by model
Model	Value per share	In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts.	—	Does not apply: no revenue, margin or share count to start from
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$46 ~$38–$62	Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years.	—	Does not apply: no twelve-month earnings or share count in the filings yet
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns.	—	Does not apply: no twelve-month earnings or share count in the filings yet
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$29 ~$44–$130	Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable.	—	Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out.	~$40 ~$29–$46	2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Enbridge Inc with Oil & Gas Storage & Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open. Analysts expect revenue of $13.4bn and EPS of $0.49 (range $0.44 to $0.55) for the quarter.

Analysts' consensus

Enbridge Inc: consensus estimates
Fiscal year	EPS	Growth	Revenue	Growth
Current	$2.89	−4%	$81.5bn	+25%
Next	$3.18	+10%	$75.2bn	−8%

Next year's EPS estimate has moved −0.3% in 90 days, across 11 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.1% on 90 days ago. In the last 30 days, 2 analysts raised Enbridge Inc's forecast and 10 cut it.

Consensus EPS forecast Enbridge Inc, last 90 days

Average of analysts' published estimates (third-party data).

View chart data

Period	Current fiscal year	Next fiscal year
90 days ago	$2.88	$3.19
60 days ago	$2.91	$3.20
30 days ago	$2.90	$3.26
7 days ago	$2.90	$3.20
Now	$2.89	$3.18

Earnings against estimates

Enbridge Inc: reported EPS against the consensus estimate
Quarter to	Estimate	Actual	Surprise
Jun 2026	$0.60	$0.63	+5.6%
Mar 2026	$0.94	$0.98	+4.7%
Dec 2025	$0.78	$0.88	+13.1%
Sept 2025	$0.51	$0.46	−9.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

24 analysts, Oct 2026

Buy1458%

Hold938%

Sell14%

Monthly trend

Oct 202668924
Sep 202668924
Aug 2026461223
Jul 2026351423

Counts of recommendations published by analysts covering Enbridge Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest: 1.2%
Days to cover: 5.86
Short interest, 1 month: +48%
Held by institutions: 52%
Held by insiders: 0.1%
Employees: 14,800

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Enbridge Inc: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year	2021	2022	2023	2024	2025	2026 to date
Return
ENB	+31%	+7%	−1%	+26%	+18%	+7%
Industry peers (median)	+41%	+22%	+11%	+28%	+8%	+23%
S&P 500	+29%	−18%	+26%	+25%	+18%	+11%
Months that ended higher
ENB	83%	58%	50%	50%	67%	64%
S&P 500	75%	42%	67%	75%	75%	46%
Largest fall from a high during the year
ENB	−13%	−24%	−21%	−10%	−9%	−20%
S&P 500	−5%	−25%	−10%	−8%	−19%	−9%

Worst fall since November 2, 2015: 44% from February 12, 2020 to March 23, 2020. Getting back needed a 79% gain, reached on May 5, 2021, 408 days after the low.

Price behaviour

52-week range: $43.47 – $57.25
From 52-week high: −14.1%
vs 50-day average: +2.0%
vs 200-day average: −4.2%
Volatility (1 year): 18%
Beta vs S&P 500: -0.17

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day: 8 up, 4 down
After a week: 8 up, 4 down
After a month: 9 up, 3 down

Enbridge Inc: share-price change after each results release
Results released	Next day	S&P 500 next day	5 days	21 days
July 31, 2026	−2.4%	+2.2%	−7.5%	−7.5%
May 8, 2026	+0.9%	+1.1%	+3.7%	+4.2%
February 13, 2026	+0.6%	+0.2%	+2.3%	+5.7%
November 7, 2025	+2.2%	+1.7%	+2.1%	+1.4%
August 1, 2025	+2.9%	−0.1%	+3.8%	+8.2%
May 9, 2025	−2.7%	+3.2%	−0.5%	+1.7%
February 14, 2025	−4.5%	+0.3%	−7.2%	−3.1%
November 1, 2024	+1.1%	+0.2%	+4.8%	+9.3%
August 2, 2024	−0.8%	−4.7%	+3.3%	+8.8%
May 10, 2024	+1.3%	+0.1%	+0.1%	−3.3%
February 9, 2024	+1.6%	+0.5%	+2.2%	+7.2%
November 3, 2023	+1.0%	+1.1%	−0.3%	+6.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Where the revenue comes from

Fiscal year to December 31, 2025

Segments
Line of business	Revenue	YoY
Liquids Pipelines	$12.2B	0.0%
Gas Distribution and Storage	$10.5B	▲ 40.1%
Gas Transmission	$6.4B	▲ 6.6%
Renewable Power Generation	$232M	▲ 22.8%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business	Revenue	YoY
Commodity Sales Revenue	$35.2B	▲ 30.2%
Transportation and Other Services Revenues	$20.2B	▲ 3.0%
Transportation Revenue	$17.8B	▲ 1.8%
Gas Distribution Revenue	$9.8B	▲ 43.6%
Gas Distribution Sales	$9.6B	▲ 42.5%
Storage and Other Revenue	$1.5B	▲ 16.4%
Electricity Revenue	$232M	▲ 22.8%
Commodity Sales	$167M	▲ 5.7%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region	Revenue	Share	YoY
United States	$42.1B	64.6%	▲ 33.8%
Canada	$23.1B	35.4%	▲ 4.9%

From Enbridge Inc's 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling

Reported value: $58.4B
Institutions reporting: 1,497
Shares held vs prior quarter: ▲ 2.0%
Positions opened / closed: 97 / 87

634 bought 591 sold

Top buyers and sellers, Q2 2026: 634 institutions bought and 591 sold ; the biggest buyer was Ontario Teachers Pension Plan Board (+8.6M shares) and the biggest seller GQG Partners LLC (−27.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager	Value	Shares	Share of 13F value	Shares QoQ
Royal Bank Of Canada	$5.9B	108.4M	10.1%	▲ 5.6%
Vanguard Capital Management LLC	$3.4B	62.8M	5.8%	▲ 1.4%
Bank Of Montreal	$3.3B	61.5M	5.7%	▲ 7.5%
GQG Partners LLC	$2.7B	49.1M	4.6%	▼ 35.8%
Deutsche Bank Ag\	$1.9B	34.1M	3.2%	▼ 1.3%
TD Asset Management Inc	$1.7B	31.3M	2.9%	▼ 21.2%
Mackenzie Financial Corp	$1.6B	21.2M	2.8%	▲ 3.5%
1832 Asset Management L.P.	$1.6B	28.6M	2.7%	▼ 1.5%
Geode Capital Management, LLC	$1.4B	25.1M	2.4%	▲ 13.0%
CIBC World Market Inc.	$1.4B	25.8M	2.4%	▲ 1.7%
Norges Bank	$1.3B	24.0M	2.2%	—
National Bank Of Canada	$1.1B	20.7M	1.9%	▲ 6.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Enbridge Inc's complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart

Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders

Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 11 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of Enbridge Inc shares.

Brian Babin(R-TX 36):Sale (full), $1,001 - $15,000, traded May 5, 2026, filed May 18, 2026
Ritchie Torres(D-NY 15):Purchase, $1,001 - $15,000, traded September 26, 2024, filed August 20, 2025
Mark E. Green(R-TN 7):Sale (full), $100,001 - $250,000, traded September 24, 2021, filed September 30, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced

July 31, 2026
May 8, 2026
February 13, 2026
November 7, 2025
August 1, 2025
May 9, 2025

Recent SEC filings

8-K Current report September 14, 2026
8-K Current report September 9, 2026
8-K Current report September 9, 2026
8-K Current report September 8, 2026
10-Q Quarterly report July 31, 2026
8-K Current report July 31, 2026
10-Q Quarterly report May 8, 2026
8-K Current report May 8, 2026

Data status

When each part of this page on Enbridge Inc was last updated.

Data	Last updated	Source
Share price	November 2, 2026	Exchange closing prices
News and updates	October 31, 2026, 7:55pm ET	Company releases and SEC 8-K filings
Analyst estimates	October 31, 2026, 9:23am ET	Aggregated analyst estimates
Valuation and scores	November 3, 2026, 9:15am ET	Our models, from the filed figures

How we build and check these figures: methodology and data sources.

Enbridge Inc in brief

What does Enbridge Inc do?: Enbridge Inc is a US-listed company in the oil & gas storage & transportation industry. Its financial year ends in December.
What is Enbridge Inc's stock ticker?: Enbridge Inc trades under the ticker ENB on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Enbridge Inc's largest institutional shareholders?: By value reported in 13F filings for June 30, 2026, the largest reported holders are Royal Bank Of Canada, Vanguard Capital Management LLC and Bank Of Montreal. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
When is Enbridge Inc's next earnings date?: Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Enbridge Inc announces its own schedule.