From Zacks Investment Research: 2025-05-07 09:04:00

Enbridge Inc (ENB) is set to report first-quarter 2025 results on May 9, with a Zacks Consensus Estimate for earnings at 68 cents per share and revenues projected at $9.5 billion, indicating a 16.4% increase from last year. ENB’s stock has gained 33.9% over the past year but appears relatively overvalued compared to industry peers. The company operates an extensive energy transportation network in North America, contributing to stable, fee-based revenues. Despite facing regulatory scrutiny and high debt levels, ENB is expected to reward shareholders with dividends from its secured capital projects.

In comparison, Kinder Morgan and Enterprise Products Partners both missed earnings estimates in Q1 2025. Kinder Morgan reported flat year-over-year earnings, while Enterprise Products’ bottom line declined from the previous year. Despite strong operational performance and increased revenues, both companies faced challenges such as increased operating costs and weak petrochemical margins. ENB’s promising long-term potential may benefit investors, but caution is advised due to its current overvaluation.



Read more at Zacks Investment Research: Enbridge Q1 Earnings on Deck: Should You Remain Invested in the Stock? – May 7, 2025