Enbridge Still Trades Under $57 -- Should Long-Term Investors Pounce?
Key takeaways
- Enbridge (NYSE: ENB), a Canadian midstream energy company, operates pipelines to transport oil, natural gas, and natural gas liquids.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
- However, Enbridge s adjusted EPS exceeded the analyst consensus of $0.94 and the real number that income-oriented investors look at, distributable cash flow (DCF), went up by nearly 2% year over year to CA$3.85 billion.
James Halley, The Motley Fool Sun, May 17, 2026 at 5:35 AM GMT+7 4 min read ENB At first glance, Enbridge s first-quarter earnings, announced on May 8, shouldn t have been enough to keep the stock trading near its 52-week high.
Enbridge (NYSE: ENB), a Canadian midstream energy company, operates pipelines to transport oil, natural gas, and natural gas liquids. In the first quarter, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by less than 1% year over year to 5.8 billion Canadian dollars, and adjusted earnings per share (EPS) were down 3% compared to the first quarter of 2025 to CA$0.98.
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