Enbridge Inc
TSX:ENB
Gross Margin
Enbridge Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Enbridge Inc
TSX:ENB
|
136.6B CAD |
42%
|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
70.7B USD |
79%
|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
68.3B USD |
20%
|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
61.3B USD |
26%
|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
61.1B USD |
50%
|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
71.5B CAD |
68%
|
|
| US |
|
MPLX LP
NYSE:MPLX
|
51.4B USD |
59%
|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
51B USD |
36%
|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
51B USD |
45%
|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
34.8B USD |
34%
|
|
| US |
|
Cheniere Energy Partners LP
NYSE:CQP
|
27.6B USD |
43%
|
Enbridge Inc
Glance View
Enbridge Inc. stands as a pivotal player in the North American energy sector, weaving its operations through a complex network of pipelines and energy infrastructure. Rooted in Canada and expanding its reach across the continent, the company specializes in the transportation and distribution of crude oil, liquid hydrocarbons, and natural gas. Enbridge's vast tapestry of pipelines, stretching thousands of miles, serves as the circulatory system for energy, moving vast volumes of oil from production hubs to key markets with precision and reliability. This infrastructure behemoth also operates natural gas utility assets, delivering essential energy suppliers to millions of residents and businesses, marking a significant footprint in both urban and rural communities. Financially, Enbridge crafts its revenue model by leveraging long-term contracts and transportation agreements with energy producers, granting stability and predictability to its earnings. The company's strategic investments in renewable energy sources, such as wind and solar power, signify its forward-thinking approach and alignment with the growing global emphasis on sustainability. Enbridge's business model is further bolstered by its involvement in midstream operations, which include oil storage, refining, and distribution services, allowing the company to tap into additional value within the energy supply chain. This multi-faceted operational structure enables Enbridge to not only capitalize on traditional energy demands but also to position itself advantageously in the evolving landscape of energy transition, ensuring its resilience and relevance in the years to come.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Enbridge Inc's most recent financial statements, the company has Gross Margin of 42.4%.
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