Compare · ENB vs PAA
ENB vs PAA
Side-by-side comparison of Enbridge Inc (ENB) and Plains All American Pipeline L.P. (PAA): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ENB and PAA operate in Natural Gas Distribution (Energy), so they compete in similar markets.
- ENB is the larger of the two at $108.61B, about 16.5x PAA ($6.58B).
- PAA has hit the wire 8 times in the past 4 weeks while ENB has been quiet.
- Both have 25 recent analyst ratings on file.
Enbridge Inc
Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Plains All American Pipeline L.P.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, and trucks. As of December 31, 2020, this segment owned and leased 18,370 miles of active crude oil and NGL pipelines and gathering systems; 35 million barrels of active and above-ground tank capacity; and 815 trailers. The Facilities segment provides storage, terminalling, and throughput services for crude oil, NGL, and natural gas; and NGL fractionation and isomerization, and natural gas and condensate processing services. As of December 31, 2020, this segment owned and operated approximately 75 million barrels of crude oil storage capacity; 28 million barrels of NGL storage capacity; 68 billion cubic feet (Bcf) of natural gas storage working capacity; 25 Bcf of base gas; five natural gas processing plants; a condensate processing facility; eight fractionation plants; 22 crude oil and NGL rail terminals; five marine facilities; and approximately 330 miles of active pipelines. The Supply and Logistics segment engages in the purchase, logistics, and resale of crude oil and NGL. As of December 31, 2020, this segment owned 16 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill; 680 trucks and 840 trailers; and 6,000 crude oil and NGL railcars. The company was incorporated in 1998 and is headquartered in Houston, Texas.
Latest ENB
- SEC Form S-8 filed by Enbridge Inc
- Enbridge downgraded by Raymond James
- SEC Form 10-Q filed by Enbridge Inc
- Enbridge Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Enbridge Reports Strong Second Quarter Results, Reaffirms 2026 Guidance and Grows Secured Backlog to $41B
- Enbridge Inc. Declares Quarterly Dividends
- Enbridge Inc. to Host Webcast to Discuss 2026 Second Quarter Results on July 31
- Enbridge Celebrates America's 250th Anniversary; Announces $2.5M Founding Gift to Theodore Roosevelt Presidential Library in North Dakota
- SEC Form 11-K filed by Enbridge Inc
- Enbridge Inc. and Enbridge Pipelines Inc. Announce Completion of Debt Exchange Transaction
Latest PAA
- Sr. VP Finance & CAO Herbold Chris converted options into 140,609 units of Common Units and covered exercise/tax liability with 54,241 units of Common Units, increasing direct ownership by 36% to 327,441 units (SEC Form 4)
- EVP & CFO Swanson Al converted options into 109,165 units of Common Units and covered exercise/tax liability with 42,957 units of Common Units, increasing direct ownership by 11% to 668,109 units (SEC Form 4)
- EVP, General Counsel & Sec. Mcgee Richard K. converted options into 109,165 units of Common Units and covered exercise/tax liability with 42,957 units of Common Units, increasing direct ownership by 11% to 672,561 units (SEC Form 4)
- EVP & CCO Goebel Jeremy L. covered exercise/tax liability with 252,112 units of Common Units, gifted 388,579 units of Common Units, received a gift of 388,579 units of Common Units and converted options into 640,691 units of Common Units (SEC Form 4)
- EVP & COO Chandler Chris R. converted options into 640,691 units of Common Units and covered exercise/tax liability with 252,112 units of Common Units, increasing direct ownership by 79% to 882,483 units (SEC Form 4)
- Chairman & CEO Chiang Willie Cw converted options into 346,357 units of Common Units and covered exercise/tax liability with 136,292 units of Common Units, increasing direct ownership by 18% to 1,396,856 units (SEC Form 4)
- Plains All American Pipeline L.P. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
- Plains All American Reports Second-Quarter 2026 Results
- Director Ziemba Lawrence Michael sold $51,495 worth of Common Units (2,346 units at $21.95), closing all direct ownership in the company (SEC Form 4)
- Plains All American's 2025 Schedule K-3 Now Available