Albert Monaco - Enbridge President, Chief Executive Officer, Director

ENB Stock  CAD 60.14  0.08  0.13%   

CEO

Mr. Albert Monaco serves as President, Chief Executive Officer, Director of Enbridge Inc. Mr. Monaco joined Enbridge in 1995 and has held increasingly senior positions. He was President Chief Executive Officer of Enbridge since October 1, 2012 and served as Director and President of Enbridge from February 27, 2012 to September 30, 2012 since 2012.
Age 59
Tenure 12 years
Professional MarksMBA
Address 200, Fifth Avenue Place, Calgary, AB, Canada, T2P 3L8
Phone403-231-3900
Webhttps://www.enbridge.com
Monaco holds an MBA from the University of Calgary and has a Chartered Professional Accountant designation.

Albert Monaco Latest Insider Activity

Tracking and analyzing the buying and selling activities of Albert Monaco against Enbridge stock is an integral part of due diligence when investing in Enbridge. Albert Monaco insider activity provides valuable insight into whether Enbridge is net buyers or sellers over its current business cycle. Note, Enbridge insiders must abide by specific rules, including filing SEC forms every time they buy or sell Enbridge'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Enbridge Management Efficiency

The company has return on total asset (ROA) of 0.0313 % which means that it generated a profit of $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0959 %, meaning that it generated $0.0959 on every $100 dollars invested by stockholders. Enbridge's management efficiency ratios could be used to measure how well Enbridge manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Enbridge's Return On Capital Employed is very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.04, while Return On Tangible Assets are likely to drop 0.04. At this time, Enbridge's Other Assets are very stable compared to the past year. As of the 28th of November 2024, Intangibles To Total Assets is likely to grow to 0.21, while Net Tangible Assets are likely to drop about 16.6 B.
Enbridge has accumulated 81.2 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Enbridge has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity.

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The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 10900 people. Enbridge (ENB) is traded on Toronto Exchange in Canada and employs 11,500 people. Enbridge is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Enbridge Leadership Team

Elected by the shareholders, the Enbridge's board of directors comprises two types of representatives: Enbridge inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enbridge. The board's role is to monitor Enbridge's management team and ensure that shareholders' interests are well served. Enbridge's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enbridge's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Poloz, Director
Melissa LaForge, Senior Officer
Karen Uehara, VP Secretary
Dean Patry, Senior Strategy
Jonathan Gould, Director, Investor Relations
Albert Monaco, President, Chief Executive Officer, Director
Teresa Madden, Independent Director
V Darkes, Independent Director
QC LLB, Ex Officer
Al Monaco, CEO Pres
Michele Harradence, Executive Storage
Michelle George, Senior Officer
Phil Teijeira, VP Officer
Laura Sayavedra, Senior Vice President - Projects, Safety and Reliability and Enterprise Resource Planning (ERP)
Allen Capps, Executive Vice President Chief Accounting Officer
Susan Cunningham, Independent Director
Tyler Robinson, Chief Compliance Officer, Vice President and Secretary
John Carruthers, President Pipelines
Cynthia Hansen, Executive Vice President, President - Utilities and Power Operations
Pamela Carter, Independent Director
Paul Dhaen, Manager Inc
Gregory Ebel, Non-Executive Chairman of the Board
DaiChung Yu, Exec CFO
James England, Independent Director
Catherine Williams, Independent Director
Robert Rooney, Executive Vice President Chief Legal Officer
Byron Neiles, Executive Vice President - Corporate Services
Reginald Hedgebeth, Executive Officer
Colin Gruending, Chief Financial Officer, Executive Vice President
Bhushan Ivaturi, Senior Officer
David Bryson, Engineering Operations
Rebecca CFA, Director Relations
Vernon Yu, Executive Vice President & President, Liquids Pipelines
Marcel Coutu, Independent Director
Patrick Murray, Senior Vice President Chief Accounting Officer
Dan Tutcher, Independent Director
Jonathan Morgan, VP Relations
William Yardley, Executive Vice President and President Gas Transmission and Midstream
Gregory Goff, Independent Director
Matthew Akman, Executive Power
John Whelen, Executive Vice President, Chief Development Officer

Enbridge Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Enbridge a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Enbridge

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enbridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enbridge will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enbridge Stock

  0.83ENB-PFV Enbridge Pref 5PairCorr
  0.95ENS E Split CorpPairCorr
  0.94ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Enbridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enbridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enbridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enbridge to buy it.
The correlation of Enbridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enbridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enbridge moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enbridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.