- Enbridge maintains its financial forecast with an adjusted EBITDA target between C$19.4 billion to C$20.0 billion for the fiscal year.
- Expected adjusted distributable cash flow per share is between C$5.50 to C$5.90.
- The company announces $2.5 billion in new investments to leverage increasing energy demand.
- Major investment of up to $2 billion will be focused on the Mainline to enhance egress capacity out of Alberta by 2028.
- Enbridge reaffirms its financial outlook, projecting 7-9% EBITDA growth, 3% DCF per share growth, and 4-6% EPS growth through 2026.
- The post-2026 outlook anticipates an average annual growth of 5% for adjusted EBITDA, DCF per share, and adjusted EPS through the decade.
- The gas distribution customer base has expanded to over 7 million, driven by demand from residential, industrial, and power sectors.
- Market sentiments are mixed: 10 buy ratings, 11 hold ratings, and 1 sell rating.
A look at Enbridge Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Enbridge Inc., an energy delivery company operating in Canada, presents a mixed picture for investors based on its Smartkarma Smart Scores. With a solid dividend score of 4 and a strong momentum score of 4, the company demonstrates potential for consistent payouts to shareholders and positive market momentum. However, Enbridge scores lower on value at 3 and resilience at 2, indicating some concerns about the company’s overall value and ability to withstand economic challenges. Growth also scores a moderate 3, suggesting steady but not explosive future expansion possibilities.
Overall, Enbridge’s outlook from the Smartkarma Smart Scores highlights a company that offers attractive dividends and is exhibiting positive momentum in the market. However, investors may want to further investigate the factors contributing to the lower scores in resilience and value to make informed decisions about the long-term potential of investing in Enbridge.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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