What changed
$ENB — WATCHLIST 📊 | 6 MONTHS THESIS
🎯 latest | Rev $16.6B | EPS $0.98 vs $0.94 🟢
💡 Consensus had low expectations for this quarter, but the beat was modest. The market might already be pricing in a gradual recovery; there's no significant gap between market-implied and intrinsic value.
📉 Reward/risk: 0.8:1
🏢 Business Quality: 7/10 - Highly contracted, regulated asset base with barriers to entry, but growth is capital-intensive and subject to energy transition and rate risks.
📊 Valuation: fair - P/E ~14x on run-rate EPS, EV/EBITDA ~10x, dividend yield 6.7%; in line with midstream peers and slightly below historical averages, but not...
🔮 Catalyst: Recent earnings beat has passed; next catalyst unclear
💰 Entry: $56.24, stop $16.21, target $25.89
📊 Our read: WATCHLIST. Full analysis →
https://stockduty.xyz/s/ENB0621