ENB vs LNG vs TRGP Stock Comparison

Enbridge, Cheniere Energy and Targa Resources Prices as of Oct 26, 2026 Peers: Industry group
ENB Enbridge Inc
$48.26 +3.3% 1M +2.9% 1Y
Market cap
$105.18B
P/E
25.5x
Revenue (TTM)
$60.45B
Div. yield
0.06%
Oil and Gas Pipelines Energy
4 wins
LNG Cheniere Energy, Inc.
$300.66 +12.0% 1M +36.9% 1Y
Market cap
$62.79B
P/E
21.5x
Revenue (TTM)
$21.49B
Div. yield
–
LNG and Gas Processing Energy
5 wins
TRGP Targa Resources Corp.
$304.61 +9.6% 1M +98.1% 1Y
Market cap
$64.81B
P/E
28.6x
Revenue (TTM)
$16.74B
Div. yield
–
Oil and Gas Pipelines Energy
2 wins

Head to Head

11 decided of 12

Cheniere Energy leads on 5 of the 12 questions below (Cheniere Energy 5, Enbridge 4, Targa Resources 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionENBLNGTRGPLeader
Larger companyMarket capitalisation $105.18B $62.79B $64.81B ENB
Cheaper on earningsLower P/E, profitable companies only 25.5x 21.5x 28.6x LNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.1x 27.8x 28.7x ENB
Faster revenue growthRevenue growth, trailing twelve months +31.0% +17.5% -2.0% ENB
More profitableNet margin, trailing twelve months 6.8% 13.6% 13.5% LNG
Better return on capitalReturn on invested capital 5.0% 15.5% 13.2% LNG
Less leveragedLower net debt / EBITDA 6.4x 2.9x 3.5x LNG
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.9% +36.9% +98.1% TRGP
Better 5-year returnAnnualised price return, 5 years +2.7%/yr +23.2%/yr +40.9%/yr TRGP
Less volatileAnnualised volatility, 1 year 18.6% 29.1% 28.5% ENB
Higher overall scoreMean of the five percentile scores vs peers 31/100 53/100 41/100 LNG

Percentile Scorecard

ENBLNGTRGP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisENBLNGTRGP
Valuation 24 #27 of 35 50 #18 of 35 15 #30 of 35
Growth 39 #21 of 34 12 #30 of 34 79 #8 of 34
Profitability 24 #26 of 34 73 #10 of 34 70 #11 of 34
Financial Health 21 #28 of 35 65 #13 of 35 27 #26 of 35
Shareholder Returns 47 #17 of 31 63 #12 of 31 17 #26 of 31
Overall 31 53 41
  • ENB ranked among 35 companies in Oil and Gas Midstream
  • LNG ranked among 35 companies in Oil and Gas Midstream
  • TRGP ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodENBLNGTRGPSPY
1 month +3.3%+12.0%+9.6% -0.8%
3 months -12.8%+17.5%+13.8% +3.5%
6 months -8.0%+15.9%+26.2% +7.0%
Year to date +0.9%+54.7%+65.1% +12.2%
1 year +2.9%+36.9%+98.1% +13.0%
3 years +53.7%+80.2%+261.0% +86.3%
3 years, per year +15.4%+21.7%+53.4% +23.1%
5 years +14.5%+184.0%+455.7% +68.6%
5 years, per year +2.7%+23.2%+40.9% +11.0%
10 years +10.7%+664.6%+551.4% +258.0%
10 years, per year +1.0%+22.6%+20.6% +13.6%

Risk

MeasureENBLNGTRGPSPY
Volatility, 1Y 18.6%29.1%28.5% 12.7%
Downside volatility, 1Y 19.5%28.6%26.3% 12.7%
Beta vs S&P 500, 1Y -0.16-0.62-0.34 1.00
Return / volatility, 1Y 0.151.273.44 1.02
Max drawdown, 5Y -34.0%-25.6%-32.6% -25.4%
From 52-week high -16.9%0.0%0.0% -1.8%
52-week high $58.04$300.66$304.61 $779.14
52-week low $45.23$188.83$151.38 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleENBLNGTRGP
P/E now vs peer median 25.6xmedian 21.0x 21.5xmedian 21.0x 28.8xmedian 21.0x
P/S now vs peer median 1.7xmedian 2.7x 2.9xmedian 2.7x 3.9xmedian 2.7x
EV/EBITDA now vs peer median 15.0xmedian 11.0x 10.7xmedian 11.0x 15.4xmedian 11.0x
P/FCF now vs peer median 87.3xmedian 16.6x 22.2xmedian 16.6x 88.2xmedian 16.6x
P/B now vs peer median 2.2xmedian 2.6x 5.4xmedian 2.6x 17.2xmedian 2.6x
PEG now vs peer median 2.51median 1.92 -0.83median 1.92 0.70median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsENBLNGTRGP
Revenue $60.45B $21.49B $16.74B
Gross profit $22.34B $10.27B $7.23B
Operating income $8.06B $6.42B $3.84B
Net income $4.58B $4.37B $2.30B
Free cash flow $1.21B $2.79B $740.90M
EPS (diluted) $1.88 $13.92 $10.54
Cash & equivalents $1.42B $1.10B $132.30M
Total debt $78.92B $24.04B $19.58B
Shares (diluted) 2.19B 209.50M 215.20M
Enterprise value $100.78B $57.62B $64.28B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricENBLNGTRGP
P/E 25.6x 21.5x 28.8x
P/FCF 87.3x 22.2x 88.2x
P/Operating cash flow 11.7x 10.1x 15.2x
P/S 1.7x 2.9x 3.9x
P/B 2.2x 5.4x 17.2x
P/Tangible book 2.3x 5.4x 38.6x
EV/EBITDA 15.0x 10.7x 15.4x
EV/EBIT 22.7x 13.2x 22.1x
EV/Revenue 3.0x 4.0x 5.1x
EV/FCF 151.6x 30.4x 114.4x
EV/Operating cash flow 20.3x 13.8x 19.8x
PEG (3Y EPS CAGR) 2.51 -0.83 0.70

Growth

14 metrics
MetricENBLNGTRGP
Revenue growth (1Y) 31.0% 17.5% -2.0%
Revenue CAGR (3Y) 19.5% -9.9% -2.1%
Gross profit growth (1Y) 8.0% -3.0% 18.6%
Gross profit CAGR (3Y) 5.1% -10.6% 12.2%
Operating income growth (1Y) 6.2% -6.6% 27.6%
Operating income CAGR (3Y) 19.8% -22.9% 15.8%
Net income growth (1Y) -6.9% -13.6% 29.5%
Net income CAGR (3Y) 13.7% -25.7% 12.5%
EPS growth (1Y) -7.5% -19.6% 49.2%
EPS CAGR (3Y) 10.2% -25.9% 41.3%
Operating cash flow growth (1Y) -2.9% 20.6% 16.4%
Operating cash flow CAGR (3Y) -2.6% -16.0% 14.6%
Free cash flow growth (1Y) -67.2% 18.3% 73.3%
Free cash flow CAGR (3Y) -42.0% -31.0% -4.7%

Profitability

14 metrics
MetricENBLNGTRGP
Gross margin 36.9% 47.8% 43.2%
EBITDA margin 20.2% 36.8% 32.9%
Operating margin 13.3% 29.9% 22.9%
Pretax margin 9.6% 25.2% 17.5%
Net margin 6.8% 13.6% 13.5%
FCF margin 2.0% 13.0% 4.4%
Operating cash flow margin 14.9% 28.6% 25.6%
Return on equity 9.5% 44.2% 65.2%
Return on assets 2.8% 9.4% 8.3%
Return on invested capital 5.0% 15.5% 13.2%
Return on capital employed 5.5% 15.0% 15.7%
Asset turnover 0.4x 0.5x 0.6x
Cash conversion (OCF / net income) 2.0x 1.4x 1.9x
Stock comp / revenue – 0.8% 0.5%

Financial Health

11 metrics
MetricENBLNGTRGP
Debt / assets 48.4% 50.1% 68.7%
Debt / equity 1.6x 2.1x 5.2x
Net debt / EBITDA 6.4x 2.9x 3.5x
Debt / FCF 65.4x 8.6x 26.4x
Liabilities / assets 70.6% 76.0% 86.7%
Equity / assets 29.4% 24.0% 13.3%
Interest coverage 2.2x 6.3x –
Current ratio 0.7x 0.9x 0.8x
Quick ratio 0.5x 0.5x 0.6x
Cash ratio 0.1x 0.3x 0.0x
Altman Z-score 0.93 2.23 2.73

Shareholder Returns

7 metrics
MetricENBLNGTRGP
Dividend yield 8.0% 0.7% 1.5%
Net buyback yield 0.0% 5.1% 0.5%
Shareholder yield 8.0% 5.8% 2.0%
Payout ratio (earnings) 132.1% – –
Payout ratio (FCF) 500.8% – –
Dividend growth (1Y) 4.2% – –
Dividend CAGR (3Y) 4.6% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusENBLNGTRGP
Forward P/E 24.1xFY2026 27.8xFY2026 28.7xFY2026
EPS, next fiscal year $2.00FY2026 $10.83FY2026 $10.62FY2026
EPS growth, next FY -9.1%FY2026 -55.1%FY2026 +24.4%FY2026
EPS growth, the year after +15.0% +53.6% +24.8%
Revenue, next fiscal year $61.53BFY2026 $24.37BFY2026 $19.51BFY2026
Revenue growth, next FY +29.6%FY2026 +22.0%FY2026 +14.6%FY2026
Revenue growth, the year after -14.7% -1.0% +14.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersENBLNGTRGP
Held by institutions 48.7% 88.1% 93.5%
Institutions holding 1,501 1,331 1,085
Change in shares held, QoQ +2.0% +2.5% +2.9%
Institutions buying 660 685 558
Institutions selling 503 464 353
Buyers to sellers 1.31 1.48 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ENBLNGTRGP
ENB 1.00 0.32 0.51
LNG 0.32 1.00 0.47
TRGP 0.51 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ENB, LNG and TRGP?

Enbridge (ENB) is the largest by market capitalisation: Enbridge (ENB) $105.18B, Cheniere Energy (LNG) $62.79B, Targa Resources (TRGP) $64.81B.

Which stock is cheaper, ENB, LNG and TRGP?

Cheniere Energy (LNG) trades on the lowest price-to-earnings ratio (Enbridge (ENB) 25.5x, Cheniere Energy (LNG) 21.5x, Targa Resources (TRGP) 28.6x). On next year's consensus earnings, Enbridge (ENB) is cheapest (Enbridge (ENB) 24.1x, Cheniere Energy (LNG) 27.8x, Targa Resources (TRGP) 28.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Enbridge (ENB) grew revenue fastest over the trailing twelve months: Enbridge (ENB) +31.0%, Cheniere Energy (LNG) +17.5%, Targa Resources (TRGP) -2.0%.

Which company is more profitable?

Cheniere Energy (LNG) has the highest net margin (Enbridge (ENB) 6.8%, Cheniere Energy (LNG) 13.6%, Targa Resources (TRGP) 13.5%). On return on invested capital, Cheniere Energy (LNG) leads (Enbridge (ENB) 5.0%, Cheniere Energy (LNG) 15.5%, Targa Resources (TRGP) 13.2%).

Which stock has performed better?

Over the past year Targa Resources (TRGP) returned the most: Enbridge (ENB) +2.9%, Cheniere Energy (LNG) +36.9%, Targa Resources (TRGP) +98.1%. Over five years, Targa Resources (TRGP) compounded fastest (Enbridge (ENB) +2.7%/yr, Cheniere Energy (LNG) +23.2%/yr, Targa Resources (TRGP) +40.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Enbridge (ENB) 0.06%, Cheniere Energy (LNG) 0.00%, Targa Resources (TRGP) 0.00%. Cheniere Energy (LNG) and Targa Resources (TRGP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enbridge (ENB) has been the steadiest (Enbridge (ENB) 18.6%, Cheniere Energy (LNG) 29.1%, Targa Resources (TRGP) 28.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ENB, LNG and TRGP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cheniere Energy (LNG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.