Loading, Please wait ...

Please contact us if you would like to upgrade your account to include access to financial models

Please contact us if you would like to upgrade your account to include short term strategies for this stock.

ENB.N

ISIN: CA29250N1050
SEDOL: 2478906

Rating:

STRONG SELL

Target Price:

24.90 USD

Investment Horizon:

6 to 12 months
19th Dec 2008 View Report   Download

3Q 08 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

During 3Q 08 Enbridge registered strong top-line growth, which exceeded our estimate given a stronger than expected performance from its Gas Distribution and Services segment (EGD). Margins were, however, in line with our estimates given a higher than expected increase in commodity costs. Global economic conditions and slowing hydrocarbon prices have made expansion projects of a number of North American oil and gas companies…

6th Nov 2008 View Report   Download

3Q 08 News Alert

CLICK VIEW REPORT TO READ FREE REPORT

Enbridge Inc. (Enbridge) reported robust top-line growth in 3Q 08 reflecting a strong performance from its Gas Distribution and Services segment. Although Management has reiterated its EPS guidance, given our concerns of the impact ongoing uncertainties in global financial markets on the company’s performance and current price levels, we maintain a HOLD rating for the company until we reassess it in our next update report....

3rd Oct 2008 View Report   Download

Company News Alert

CLICK VIEW REPORT TO READ FREE REPORT

Enbridge Inc. (Enbridge) is currently facing a slowdown on construction work at its Alberta Clipper pipleline due to protests from First Nations, an aboriginal group. While talks are ongoing, they have yet to reach an agreement on the issue....

16th Sep 2008 View Report   Download

2Q 08 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

Enbridge Inc. (Enbridge) reported strong y-o-y top-line growth in 2Q 08 driven by a strong performance from its Gas Distribution and Services (EGD) segment. However, its operating performance was severely impacted by significant increase in commodity costs. 2Q 08 operating margin declined 442 bps y-o-y and fell below our expectation....

31st Jul 2008 View Report   Download

2Q 08 News Alert

CLICK VIEW REPORT TO READ FREE REPORT

Enbridge Inc. (Enbridge) reported robust top-line growth in 1Q 08, supported by a strong performance from its Gas Distribution and Services segment. However, its operating income declined significantly on a y-o-y basis from rising natural gas costs. Although Management has revised its FY 2008 EPS guidance upwards, based on current price levels, we reiterate our HOLD rating until we fully reassess the common stock in our next update report....