ENB
Enbridge Inc.
NYSEUSDEQUITY
Energy
DELAYED
Sell
-33/100
Last price
46.96
▲ 0.92 (2.00%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
45.91
Prev close
46.04
Day high
46.58
Day low
45.82
Volume
4.00M
Market cap
$103.73B
P/E (TTM)
24.89
52W range
45.03 – 58.45
Day trading desk
Gap from prior close
-0.28%
Prior close 46.04
VWAP
46.43
+1.14% from price
Relative volume
1.77×
Unusually busy
Session range
2.49%
45.82 – 46.96
Position in range
100%
Near session high
ATR (14D)
0.66
1.41% of price
Prior day high
46.38
PDH
Prior day low
45.49
PDL
Bid / ask spread
—
Quote not published
Session volume
8.80M
Avg 4.97M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-0.24%
-2.2%
1M
-7.09%
-8.2%
3M
-15.49%
-20.0%
6M
-14.42%
-32.6%
YTD
-2.70%
-16.9%
1Y
-7.05%
-23.5%
3Y
+40.22%
-42.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on ENB open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.71M
Total on file
Fundamentals
Market cap$103.73B
Enterprise value$222.06B
Revenue (TTM)$83.49B
Gross profit$27.21B
EBITDA$17.38B
Net income$5.67B
EPS (TTM)$1.87
Free cash flow$-1.06B
Total cash$2.10B
Total debt$112.20B
Book value / share$18.79
Shares outstanding2.23B
Float2.18B
Short % of float0.78%
Dividend yield6.08%
Beta (5Y)0.80
Valuation & profitability ratios
Trailing P/E24.89
Forward P/E20.67
PEG ratio4.89
Price / sales—
Price / book2.48
EV / revenue2.66
EV / EBITDA12.78
Gross margin32.59%
Operating margin10.16%
Profit margin7.34%
Return on equity9.22%
Return on assets3.29%
Debt / equity162.98
Current ratio0.72
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $65.19B | $53.47B | $43.65B | $53.31B | — | +21.9% |
| Operating revenue | $65.19B | $53.47B | $43.65B | $53.31B | — | +21.9% |
| Cost of revenue | $43.70B | $34.21B | $25.98B | $36.91B | — | +27.7% |
| Gross profit | $21.50B | $19.27B | $17.67B | $16.40B | — | +11.6% |
| Selling, general & admin | — | — | -$135.00M | -$239.00M | -$150.00M | — |
| Total operating expense | $9.97B | $9.43B | $8.60B | $8.22B | — | +5.7% |
| Operating income | $11.53B | $9.84B | $9.07B | $8.18B | — | +17.2% |
| Net interest income | -$5.02B | -$4.42B | -$3.81B | -$3.18B | — | -13.7% |
| Pre-tax income | $9.79B | $7.30B | $7.88B | $4.54B | — | +34.2% |
| Tax provision | $2.00B | $1.67B | $1.82B | $1.60B | — | +20.1% |
| Net income | $7.49B | $5.44B | $6.19B | $3.00B | — | +37.7% |
| Net income to common | $7.07B | $5.05B | $5.84B | $2.59B | — | +40.0% |
| Basic EPS | 3.23 | 2.34 | 2.84 | 1.28 | — | +38.0% |
| Diluted EPS | 3.22 | 2.34 | 2.84 | 1.28 | — | +37.6% |
| EBIT | $14.79B | $11.70B | $11.74B | $7.77B | — | +26.4% |
| EBITDA | $20.45B | $16.87B | $16.35B | $12.08B | — | +21.2% |
| Basic shares | 2.18B | 2.15B | 2.06B | 2.02B | — | +1.2% |
| Diluted shares | 2.19B | 2.16B | 2.06B | 2.03B | — | +1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.09B | $1.80B | $5.90B | $861.00M | -39.3% |
| Cash & short-term investments | $1.09B | $1.80B | $5.90B | $861.00M | -39.3% |
| Accounts receivable | $7.08B | $6.92B | $4.41B | $5.62B | +2.3% |
| Inventory | $1.62B | $1.49B | $1.48B | $2.25B | +8.9% |
| Total current assets | $13.20B | $13.16B | $14.40B | $12.15B | +0.2% |
| Property, plant & equipment | $131.60B | $131.10B | $104.64B | $104.46B | +0.4% |
| Goodwill & intangibles | $39.29B | $41.19B | $35.38B | $36.46B | -4.6% |
| Total assets | $218.47B | $218.97B | $180.32B | $179.61B | -0.2% |
| Total current liabilities | $21.00B | $23.81B | $17.43B | $20.30B | -11.8% |
| Current debt | $6.29B | $8.43B | $6.48B | $8.04B | -25.4% |
| Long-term debt | $98.96B | $93.41B | $74.72B | $72.94B | +5.9% |
| Total debt | $105.25B | $101.84B | $81.20B | $80.98B | +3.3% |
| Total liabilities | $153.29B | $150.08B | $115.83B | $116.21B | +2.1% |
| Retained earnings | -$21.28B | -$20.05B | -$17.11B | -$15.49B | -6.2% |
| Shareholder equity | $62.33B | $65.90B | $61.45B | $59.89B | -5.4% |
| Working capital | -$7.81B | -$10.65B | -$3.04B | -$8.15B | +26.7% |
| Net tangible assets | $23.04B | $24.71B | $26.07B | $23.43B | -6.8% |
| Shares issued | 2.18B | 2.18B | 2.13B | 2.02B | +0.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $7.79B | $5.63B | $6.06B | $2.94B | +38.3% |
| Depreciation & amortisation | $5.66B | $5.17B | $4.61B | $4.32B | +9.6% |
| Change in working capital | -$1.41B | -$133.00M | $2.31B | -$12.00M | -956.4% |
| Operating cash flow | $12.27B | $12.60B | $14.20B | $11.23B | -2.6% |
| Capital expenditure | -$9.16B | -$6.93B | -$4.88B | -$4.82B | -32.3% |
| Investing cash flow | -$10.50B | -$20.36B | -$6.04B | -$5.27B | +48.4% |
| Share buybacks | $0 | $0 | -$125.00M | -$1.15B | — |
| Dividends paid | -$8.64B | -$8.26B | -$7.63B | -$7.31B | -4.6% |
| Financing cash flow | -$2.40B | $3.54B | -$2.86B | -$5.43B | -167.7% |
| Free cash flow | $3.10B | $5.67B | $9.32B | $6.41B | -45.2% |
| End cash position | $1.32B | $2.00B | $5.99B | $907.00M | -34.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $22.36B | $17.18B | $14.64B | $14.88B | $18.50B | +30.2% |
| Operating revenue | $22.36B | $17.18B | $14.64B | $14.88B | $18.50B | +30.2% |
| Cost of revenue | $16.56B | $11.51B | $9.88B | $9.95B | $12.36B | +44.0% |
| Gross profit | $5.79B | $5.67B | $4.75B | $4.93B | $6.14B | +2.2% |
| Total operating expense | $2.57B | $2.71B | $2.48B | $2.31B | $2.47B | -5.1% |
| Operating income | $3.23B | $2.97B | $2.27B | $2.62B | $3.67B | +8.7% |
| Net interest income | -$1.22B | -$1.25B | -$1.26B | -$1.18B | -$1.33B | +1.9% |
| Pre-tax income | $2.37B | $2.46B | $1.16B | $2.99B | $3.19B | -3.7% |
| Tax provision | $587.00M | $325.00M | $316.00M | $666.00M | $697.00M | +80.6% |
| Net income | $1.78B | $2.06B | $788.00M | $2.28B | $2.36B | -13.7% |
| Net income to common | $1.67B | $1.95B | $682.00M | $2.18B | $2.26B | -14.4% |
| Basic EPS | 0.77 | — | 0.30 | 1.00 | 1.04 | — |
| Diluted EPS | 0.76 | — | 0.30 | 1.00 | 1.03 | — |
| EBIT | $3.59B | $3.67B | $2.42B | $4.17B | $4.52B | -2.3% |
| EBITDA | $5.02B | $5.13B | $3.82B | $5.56B | $5.93B | -2.2% |
| Basic shares | 2.18B | — | 2.18B | 2.18B | 2.18B | — |
| Diluted shares | 2.19B | — | 2.19B | 2.19B | 2.19B | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | $1.64B | $1.09B | $1.41B | $1.20B | $2.09B | — |
| Cash & short-term investments | — | $1.64B | $1.09B | $1.41B | $1.20B | $2.09B | — |
| Accounts receivable | — | $10.44B | $7.08B | $5.86B | $5.45B | $7.62B | — |
| Inventory | — | $1.85B | $1.62B | $1.90B | $1.41B | $1.23B | — |
| Total current assets | — | $18.86B | $13.20B | $12.08B | $11.07B | $13.60B | — |
| Property, plant & equipment | — | $134.41B | $131.60B | $130.95B | $128.18B | $131.58B | — |
| Goodwill & intangibles | — | $39.77B | $39.29B | $39.95B | $39.44B | $41.11B | — |
| Total assets | — | $228.20B | $218.47B | $216.97B | $211.59B | $220.04B | — |
| Total current liabilities | — | $23.31B | $21.00B | $15.04B | $14.81B | $18.63B | — |
| Current debt | — | $6.52B | $6.29B | $3.11B | $4.07B | $5.95B | — |
| Long-term debt | — | $103.01B | $98.96B | $100.60B | $96.98B | $97.16B | — |
| Total debt | — | $109.53B | $105.25B | $103.71B | $101.05B | $103.11B | — |
| Total liabilities | — | $160.45B | $153.29B | $148.90B | $143.23B | $148.76B | — |
| Retained earnings | — | -$19.61B | -$21.28B | -$19.06B | -$17.66B | -$17.79B | — |
| Shareholder equity | — | $64.97B | $62.33B | $65.18B | $65.45B | $68.26B | — |
| Working capital | — | -$4.45B | -$7.81B | -$2.96B | -$3.73B | -$5.04B | — |
| Net tangible assets | — | $25.20B | $23.04B | $25.23B | $26.01B | $27.14B | — |
| Shares issued | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | — | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.78B | $2.13B | $847.00M | $2.32B | $2.49B | -16.6% |
| Depreciation & amortisation | $1.43B | $1.46B | $1.40B | $1.39B | $1.41B | -2.1% |
| Change in working capital | -$1.92B | -$666.00M | $102.00M | $58.00M | -$899.00M | -188.4% |
| Operating cash flow | $2.34B | $3.11B | $2.87B | $3.24B | $3.05B | -24.7% |
| Capital expenditure | -$2.52B | -$3.01B | -$2.41B | -$1.96B | -$1.78B | +16.3% |
| Investing cash flow | -$2.83B | -$3.32B | -$2.54B | -$2.86B | -$1.79B | +14.8% |
| Dividends paid | -$2.22B | -$2.16B | -$2.16B | -$2.16B | -$2.16B | -2.7% |
| Financing cash flow | $1.11B | -$108.00M | -$126.00M | -$1.22B | -$950.00M | +1,128.7% |
| Free cash flow | -$173.00M | $105.00M | $456.00M | $1.27B | $1.27B | -264.8% |
| End cash position | $1.97B | $1.32B | $1.65B | $1.42B | $2.32B | +49.2% |
Options analytics
Put / call volume
0.57
Call-heavy session
Put / call open interest
0.24
Positioning, not flow
Max pain
47.50
+2.1% from spot
ATM implied vol
19.8%
Nearest strike to spot
Skew (10% OTM)
+8.5%
Puts bid over calls
Call volume
315
Contracts, this expiry
Put volume
180
Contracts, this expiry
Heaviest call OI
62.50
3.15K contracts
Heaviest put OI
47.50
2.26K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | 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% |
| Sep 2025 | 0.51 | 0.46 | -9.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.51 | 12 | $13.45B | -8.1% |
| Next quarter | 0.82 | 12 | $15.90B | -7.4% |
| Current year | 2.90 | 19 | $82.55B | +26.6% |
| Next year | 3.21 | 13 | $78.12B | -5.4% |
Analyst targets & ownership
Mean target$51.21
High target$59.04
Low target$44.85
Implied upside9.05%
Analyst count5
ConsensusBUY
Strong buy / Buy6 / 8
Hold9
Sell / Strong sell1 / 0
Held by insiders0.12%
Held by institutions51.99%
Institutions holding1.96K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
46.69
+0.58% from price
SMA 20
47.57
-2.17% from price
SMA 50
49.95
-6.83% from price
SMA 100
52.84
-11.13% from price
SMA 200
52.14
-10.74% from price
EMA 12
46.92
+0.08% from price
EMA 26
48.05
-2.27% from price
EMA 50
49.61
-5.34% from price
RSI (14)
32.9
Neutral
MACD (12,26,9)
-1.13
Hist -0.01
ATR (14)
0.66
1.42% of price
Realised vol 30D
15.7%
Annualised
Bollinger upper
49.71
20, 2σ
Bollinger lower
45.44
20, 2σ
50 / 200 cross
Death
49.95 vs 52.14
Trend bias
Below 200
-10.74%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.11
Less volatile than market
Correlation to SPY
-0.08
Largely independent
Realised vol 30D
15.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-20.8%
Peak to trough
Max drawdown 5Y
-34.0%
Peak to trough
ATR 14
0.66
1.42% of price
Beta (reported)
0.80
5Y monthly, from filing
Short interest
Shares short
17.43M
Prior 69.77M
Change vs prior
-75.0%
Shorts covering
% of float
0.78%
Normal
% of shares out
0.78%
Against total outstanding
Days to cover
3.1
Liquid
Float
2.18B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 3, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| May 11, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Feb 17, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Nov 10, 25 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Aug 12, 25 | Argus Research | MAINTAINED | Buy | Buy |
| May 12, 25 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Feb 18, 25 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Dec 4, 24 | RBC Capital | MAINTAINED | Outperform | Outperform |
| Oct 18, 23 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Oct 17, 23 | Wolfe Research | DOWNGRADE | Peer Perform | Underperform |
| Sep 12, 23 | National Bank Financial Inc | MAINTAINED | Sector Perform | Sector Perform |
| Sep 11, 23 | CIBC | MAINTAINED | Outperformer | Outperformer |
Dividends & splits
Forward rate$2.80 / yr
Forward yield6.08%
5-year avg yield6.30%
Payout ratio147.68%
Ex-dividend dateAug 14, 2026
Next pay dateSep 1, 2026
Last split2:1
Split dateJun 1, 2011
SEC filings
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-09-23
Corporate Changes & Voting Matters
8-K · 2026-09-14
Corporate Changes & Voting Matters
8-K · 2026-09-09
Corporate Changes & Voting Matters
8-K · 2026-09-08
Offering Registrations
S-8 · 2026-07-31
Annual report of employee stock purchase
11-K · 2026-06-29
Notification form filed in connection with certain tender offers
CB/A · 2026-06-11
For appointment of agent for service of process by issuers registering securities
F-X · 2026-05-26
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PRIVATE STRATEGY · BY QUALIFICATION
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