ENB
Enbridge Inc. Energy - Oil & Gas Midstream Investor Relations →
Enbridge Inc. (ENB) closed at $50.32 as of 2026-02-02, trading 36.1% above its 200-week moving average of $36.97. The stock moved further from the line this week, up from 32.3% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Over the past 2138 weeks of data, ENB has crossed below its 200-week moving average 21 times. On average, these episodes lasted 11 weeks. Historically, investors who bought ENB at the start of these episodes saw an average one-year return of +15.3%.
With a market cap of $109.8 billion, ENB is a large-cap stock. The company generates a free cash flow yield of 1.2%. Return on equity stands at 9.1%. The stock trades at 2.6x book value.
Share count has increased 7.5% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in ENB would have grown to $11221, compared to $2849 for the S&P 500. That represents an annualized return of 15.3% vs 10.6% for the index — confirming ENB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 69.6% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: ENB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ENB Crosses Below the Line?
Across 21 historical episodes, buying ENB when it crossed below its 200-week moving average produced an average return of +15.2% after 12 months (median +7.0%), compared to +19.8% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +34.2% vs +40.0% for the index.
Each line shows $100 invested at the moment ENB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ENB has crossed below its 200-week MA 21 times with an average 1-year return of +15.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1992 | Mar 1993 | 51 | 16.0% | +11.7% | +11111.1% |
| Oct 2008 | Oct 2008 | 3 | 5.8% | +42.7% | +649.1% |
| Nov 2008 | Dec 2008 | 3 | 9.9% | +50.0% | +675.1% |
| Jan 2009 | Jan 2009 | 1 | 0.8% | +43.3% | +594.8% |
| Feb 2009 | May 2009 | 12 | 12.2% | +54.1% | +636.6% |
| Aug 2015 | Oct 2015 | 7 | 7.1% | +9.4% | +126.4% |
| Nov 2015 | Apr 2016 | 24 | 27.0% | +10.4% | +130.7% |
| May 2016 | May 2016 | 4 | 4.1% | +9.7% | +123.6% |
| Jul 2016 | Jul 2016 | 1 | 1.7% | +8.4% | +116.4% |
| Aug 2016 | Aug 2016 | 1 | 1.6% | +5.5% | +115.4% |
| Nov 2016 | Nov 2016 | 1 | 0.7% | -6.5% | +111.5% |
| May 2017 | Jul 2017 | 9 | 3.5% | -11.3% | +110.7% |
| Aug 2017 | Aug 2017 | 2 | 2.0% | -3.8% | +111.6% |
| Oct 2017 | Jan 2018 | 11 | 12.0% | -13.1% | +109.9% |
| Jan 2018 | Jan 2019 | 54 | 22.5% | -5.3% | +106.7% |
| Feb 2019 | Feb 2019 | 1 | 0.6% | +25.3% | +120.0% |
| Jun 2019 | Jun 2019 | 1 | 0.5% | -4.1% | +121.7% |
| Jul 2019 | Sep 2019 | 6 | 4.3% | -0.8% | +127.5% |
| Mar 2020 | Aug 2020 | 23 | 25.0% | +27.0% | +136.2% |
| Aug 2020 | Nov 2020 | 12 | 14.7% | +36.4% | +123.0% |
| Sep 2023 | Nov 2023 | 7 | 6.0% | +32.1% | +73.3% |
| Average | 11 | — | +15.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02