Compare · ENB vs PAGP
ENB vs PAGP
Side-by-side comparison of Enbridge Inc (ENB) and Plains Group Holdings, L.P. (PAGP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both ENB and PAGP operate in Natural Gas Distribution (Energy), so they compete in similar markets.
- ENB is the larger of the two at $102.28B, about 54.7x PAGP ($1.87B).
- Over the past year, ENB is up 2.2% and PAGP is up 62.7% - PAGP leads by 60.6 points.
- PAGP has been more active in the news (5 items in the past 4 weeks vs 3 for ENB).
- 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 Group Holdings, L.P.
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, and trucks. As of December 31, 2020, this segment owned and leased assets comprising 18,370 miles of crude oil and NGL pipelines and gathering systems; 35 million barrels of above-ground tank capacity; and 815 trailers. The Facilities segment engages in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; 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 capacity; 26 Bcf of base gas; 5 natural gas processing plants; a condensate processing facility; 8 fractionation plants; 22 crude oil and NGL rail terminals; 5 marine facilities; and 330 miles of 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 in pipelines owned by third parties and other inventory; 680 trucks and 840 trailers; and 6,000 crude oil and NGL railcars. The company offers logistics services to producers, refiners, and other customers. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.
Latest ENB
- Enbridge Inc. to Host Webcast to Discuss 2026 Third Quarter Results on November 6
- Goldman resumed coverage on Enbridge with a new price target
- SEC Form SD filed by Enbridge Inc
- Enbridge upgraded by National Bank Financial
- Enbridge upgraded by BMO Capital Markets
- TD Securities resumed coverage on Enbridge
- Enbridge Inc filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Enbridge Announces the Closing of CDN$3.0 BillionCommon Equity Offering Inclusive of Underwriters' Over-Allotment Option
- At $100 Oil, the Deal Flow Moved to Pipelines and Producing Wells
- SEC Form 424B5 filed by Enbridge Inc
Latest PAGP
- SEC Form 3 filed by Plains Group Holdings, L.P.
- SEC Form 4 filed by EVP, General Counsel & Sec. Mcgee Richard K.
- Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Third Quarter 2026 Earnings
- Plains Group Holdings, L.P. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
- Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer
- Plains to Acquire Powder River Basin Assets from Silver Creek Midstream
- Plains Group Holdings, L.P. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
- New insider Montgomery Russell Lee claimed ownership of 1,970 units of Class A Shares (SEC Form 3)
- Director Paa Gp Holdings Llc was granted 59,200 units of Common Units (SEC Form 4)
- Director Ziemba Lawrence Michael converted options into 7,400 units of Class A Shares, increasing direct ownership by 8% to 95,180 units (SEC Form 4)