Enbridge operates as an energy transportation and distribution company in the United States and Canada. The Company operates in five segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments, and Corporate. The company was founded in 1949 and is based in Calgary, Canada.
ENB Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Enbridge Inc. To summarize, we found that Enbridge Inc ranked in the 85th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for ENB, they are:
Its compound free cash flow growth rate, as measured over the past 2.26 years, is 0.79% -- higher than 87.41% of stocks in our DCF forecasting set.
The weighted average cost of capital for the company is 9. This value is greater than just 24.74% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ENB, try HP, GEL, NCSM, INT, and SPNX.
U.S. President Joe Biden has cancelled the Keystone XL pipeline, which would have taken Canadian oil towards the U.S. Gulf Coast. Anthony Okolie speaks with James Hunter, Global Infrastructure Analyst, TD Asset Management, about the implications for the Canadian energy sector. Original Post...
(Bloomberg) -- Major natural gas pipeline operators are committing to pare their carbon footprint and make their operations emissions-free by 2050, a pledge that could help ward off political attacks.The promise from the Interstate Natural Gas Association of America and its member companies -- which operate some 200,000 of the 300,000 miles of transmission pipes crisscrossing the U.S. -- is the latest industry pivot as Democrats take over the White House and Congress with vows to phase out fossil fuels.It is the deepest climate commitment yet by the group, building on a 2018 pledge to keep a better lid on methane, the primary ingredient of natural gas. INGAA companies embracing the 2050 goal include Kinder Morgan Inc., Williams Cos. and Enbridge Inc.The voluntary commitment applies to d...
In this article we are going to list the 15 largest Canadian companies. Click to skip ahead and jump to the 5 largest Canadian companies. Canada is one of the most highly developed economies in the world, and the neighbor to the United States has continued to grow in stature especially over the past years […]