|Bid||41.13 x 3000|
|Ask||46.00 x 1100|
|Day's range||43.24 - 43.66|
|52-week range||36.21 - 47.67|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||23.02|
|Earnings date||03 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||2.68 (6.15%)|
|Ex-dividend date||12 Aug 2022|
|1y target est||47.93|
After a scorching start to the year, oil prices have cooled off a bit in recent weeks. Crude oil prices have fallen from over $120 a barrel at the beginning of June to a recent range in the low $90s. Because of that, oil companies aren't making quite as much money as they were earlier this year.
Lower contributions from the company's Energy Services, and Gas Transmission and Midstream businesses hurt Enbridge's (ENB) earnings in Q2.
The energy sector has been one of the few bright spots in the market this year. Stocks in that sector are up by more than 30% on average compared to a double-digit percentage decline for the S&P 500.