More stocks to consider
Alternative stocks to Enbridge (TSX:ENB)


These are the alternatives to Enbridge that fall within the same industry, Oil & Gas Transportation, or region, Canada.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Enbridge Performance

Enbridge stock research in summary

enbridge.com


Enbridge shares have a market-typical stock price level. They are good value and show above average growth, but are riskily financed. We recommend evaluating whether the future of the company Enbridge is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country Canada
Industry Oil & Gas Transportation
Index
Size class XX-Large

Large companies - similar industry as Enbridge

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Global Partners (XXL, US)  Oil & Gas Transportation
1. Global Partners (XXL, US)   Oil & Gas Transportation 85 89 66 100
2. Plains All American Pipeline (XXL, US)  Oil & Gas Transportation
2. Plains All American Pipeline (XXL, US)   Oil & Gas Transportation 100 73 62 98
3. NGL Energy (XL, US)  Oil & Gas Transportation
3. NGL Energy (XL, US)   Oil & Gas Transportation 82 97 44 93
4. Energy Transfer Equity (XXL, US)  Oil & Gas Transportation
4. Energy Transfer Equity (XXL, US)   Oil & Gas Transportation 98 65 50 91
5. Keyera (XL, CA)  Oil & Gas Transportation
5. Keyera (XL, CA)   Oil & Gas Transportation 66 52 94 89
6. Plains GP Holdings (XXL, US)  Oil & Gas Transportation
6. Plains GP Holdings (XXL, US)   Oil & Gas Transportation 73 83 41 80
7. Pembina (XL, CA)  Oil & Gas Transportation
7. Pembina (XL, CA)   Oil & Gas Transportation 43 37 59 52
8. Crestwood Equity Partners (XL, US)  Oil & Gas Transportation
8. Crestwood Equity Partners (XL, US)   Oil & Gas Transportation 69 95 44 51
9. DCP Midstream (XL, US)  Oil & Gas Transportation
9. DCP Midstream (XL, US)   Oil & Gas Transportation 63 65 15 47
10. EnLink Midstream (XL, US)  Oil & Gas Transportation
10. EnLink Midstream (XL, US)   Oil & Gas Transportation 18 91 24 43

May 16, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Enbridge

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 84 49 98 100
2. Suncor (XXL, CA)  Oil & Gas Integrated
2. Suncor (XXL, CA)   Oil & Gas Integrated 75 87 78 100
3. Celestica (XL, CA)  Electr. Manufacturing Services
3. Celestica (XL, CA)   Electr. Manufacturing Services 83 79 82 98
4. West Fraser (XL, CA)  Forest Products
4. West Fraser (XL, CA)   Forest Products 80 85 73 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 75 65 96
6. Manulife Financial (XXL, CA)  Life & Health Insurance
6. Manulife Financial (XXL, CA)   Life & Health Insurance 70 47 100 91
7. ATCO (XL, CA)  Multi-Utilities
7. ATCO (XL, CA)   Multi-Utilities 99 17 87 91
8. Russel Metals (XL, CA)  Trading & Distribution
8. Russel Metals (XL, CA)   Trading & Distribution 96 15 93 90
9. Keyera (XL, CA)  Oil & Gas Transportation
9. Keyera (XL, CA)   Oil & Gas Transportation 66 52 94 89
10. Cenovus (XXL, CA)  Oil & Gas Integrated
10. Cenovus (XXL, CA)   Oil & Gas Integrated 79 45 89 88

May 16, 2024


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Enbridge

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Martin Midstream (L, US)  Oil & Gas Transportation
1. Martin Midstream (L, US)   Oil & Gas Transportation 64 59 25 57
2. Holly Energy Partners (M, US)  Oil & Gas Transportation
2. Holly Energy Partners (M, US)   Oil & Gas Transportation 18 95 40 51
3. Delek Logistics Partners (M, US)  Oil & Gas Transportation
3. Delek Logistics Partners (M, US)   Oil & Gas Transportation 92 21 20 49
4. Antero Midstream (L, US)  Oil & Gas Transportation
4. Antero Midstream (L, US)   Oil & Gas Transportation 25 71 31 46
5. Western Midstream Partners (L, US)  Oil & Gas Transportation
5. Western Midstream Partners (L, US)   Oil & Gas Transportation 27 73 23 36
6. Magellan Midstream (L, US)  Oil & Gas Transportation
6. Magellan Midstream (L, US)   Oil & Gas Transportation 4 73 44 23
7. Equitrans Midstream (L, US)  Oil & Gas Transportation
7. Equitrans Midstream (L, US)   Oil & Gas Transportation 15 23 50 15
8. NuStar Energy (L, US)  Oil & Gas Transportation
8. NuStar Energy (L, US)   Oil & Gas Transportation 34 67 6 13
9. New Fortress Energy (L, US)  Oil & Gas Transportation
9. New Fortress Energy (L, US)   Oil & Gas Transportation 49 15 22 13
10. Genesis Energy (L, US)  Oil & Gas Transportation
10. Genesis Energy (L, US)   Oil & Gas Transportation 27 37 18 9

May 16, 2024


Mid sized companies - similar region as Enbridge

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 100 52 100 100
2. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
2. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 98 50 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 94 73 81 100
4. Paramount (L, CA)  Oil & Gas Production
4. Paramount (L, CA)   Oil & Gas Production 56 95 91 100
5. Onex (L, CA)  Asset Management & Custody
5. Onex (L, CA)   Asset Management & Custody 56 100 82 100
6. Centerra (L, CA)  Gold Production
6. Centerra (L, CA)   Gold Production 92 43 92 98
7. Leon's Furniture (L, CA)  Homefurnishing Retail
7. Leon's Furniture (L, CA)   Homefurnishing Retail 84 50 83 98
8. Peyto (M, CA)  Oil & Gas Production
8. Peyto (M, CA)   Oil & Gas Production 92 91 55 98
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 65 56 95
10. Enghouse Systems (M, CA)  Application Software
10. Enghouse Systems (M, CA)   Application Software 91 26 100 94

May 16, 2024



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.