Matthew Akman - Enbridge Executive Power

ENB Stock  CAD 60.14  0.08  0.13%   

Executive

Matthew Akman is Executive Power of Enbridge
Age 56
Phone403-231-3900
Webhttps://www.enbridge.com

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.
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

  0.65ENS-PA E Split CorpPairCorr

Moving against Enbridge Stock

  0.4SAGE Sage Potash 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.