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Forecast
The analysts' average price target is €55.35 (+27.59%). The median is €52.54 (+21.12%).
| Buy |
12 |
| Hold |
12 |
| Sell |
1 |
News Go to news feed
Enbridge buys Tallgrass crude business for $2.55 billion, expanding U.S. oil footprint
Enbridge agreed to acquire Blackstone-owned Tallgrass Energy’s crude oil business for $2.55 billion in cash, including a 75% stake in the 1,050-mile Pony Express pipeline, a 51% interest in the Powder River Gateway system, about 8.4 million barrels of storage and crude marketing operations. The assets boost Enbridge’s presence in the Rockies, Bakken, Powder River and Denver‑Julesburg basins and are expected to add predictable, infrastructure-style free cash flow and increase distributable cash flow per share in the first full year after closing. The company plans to partly fund the deal with an equity offering, which could dilute shareholders, and integration execution and longer-term crude demand pose key risks to realizing expected synergies. » More on finance.yahoo.com
Enbridge: capital increase, Tallgrass takeover and CEO change weigh on stock
Enbridge shares fell 3.1% in after-hours trading to $48.62 after the company announced a CAD 2.6 billion bought‑deal equity offering. The capital measure is to finance the all‑cash acquisition of Tallgrass’s crude oil business for $2.55 billion, including a 75% stake in the Pony Express Pipeline and other infrastructure. In addition, Enbridge announced that President and CEO Greg Ebel will retire on 31 December 2026; Michele Harradence is set to succeed him on 1 January 2027. Investors showed short‑term concern about dilution and the pace of investments, which explained the selling pressure. » More on de.investing.com
Enbridge forms CAD 2.7bn joint venture with KKR and Apollo for Westcoast expansion
Enbridge agrees with KKR and Apollo to form a joint venture into which the investors will contribute about CAD 2.7bn for the Aspen Point and Sunrise expansion programs; CAD 0.7bn will be paid to Enbridge at closing. After Sunrise enters service, KKR and Apollo will hold an indirect cumulative 29% stake in the Westcoast system, while Enbridge retains majority ownership and operational control. The projects are regulatory approved, backed by long‑term take‑or‑pay contracts, and are scheduled to enter service in 2026 (Aspen Point) and late 2028 (Sunrise); Enbridge can repurchase the investors’ stake in years 7–14. Enbridge expects no material impact on its 2026 guidance or its medium‑term outlook. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 18.08B | 94.92% |
| Gross profit | 4.13B | 34.44% |
| Net profit | 925.68M | 34.86% |
| EBITDA | 2.72B | 21.58% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €96.39B |
Number of shares | 2.23B |
52-week high/low | €52.50 - €40.44 |
Dividend yield | 5.55% |
Dividends TTM | €2.39 |
Beta | 0.80 |
P/E ratio | 22.46 |
PEG ratio | 4.59 |
P/B ratio | 2.25 |
P/S ratio | 1.54 |
Company profile
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream 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 and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. 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.
| Name | Enbridge |
| CEO | Gregory L. Ebel |
| Headquarters | Calgary,
ab Canada |
| Website | |
| Sector | Energy |
| Industry | Energy Equipment & Services |
| IPO | 03/15/1984 |
| Employees | 14,800 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NYSE | ENB |
Toronto Stock Exchange | ENB.TO |
London Stock Exchange | 0KTI.L |
Frankfurt | EN3.F |
Düsseldorf | EN3.DU |
London | 0KTI.L |
München | EN3.MU |