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NFG vs. ENB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NFG and ENB is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

NFG vs. ENB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Fuel Gas Company (NFG) and Enbridge Inc. (ENB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NFG:

2.35

ENB:

1.79

Sortino Ratio

NFG:

3.02

ENB:

2.29

Omega Ratio

NFG:

1.42

ENB:

1.31

Calmar Ratio

NFG:

2.09

ENB:

1.81

Martin Ratio

NFG:

17.38

ENB:

9.49

Ulcer Index

NFG:

2.80%

ENB:

3.06%

Daily Std Dev

NFG:

20.75%

ENB:

16.75%

Max Drawdown

NFG:

-55.49%

ENB:

-46.35%

Current Drawdown

NFG:

-1.53%

ENB:

-2.83%

Fundamentals

Market Cap

NFG:

$7.34B

ENB:

$97.79B

EPS

NFG:

$0.46

ENB:

$1.93

PE Ratio

NFG:

176.57

ENB:

23.24

PEG Ratio

NFG:

2.05

ENB:

2.23

PS Ratio

NFG:

3.55

ENB:

1.60

PB Ratio

NFG:

2.65

ENB:

2.22

Total Revenue (TTM)

NFG:

$2.07B

ENB:

$60.94B

Gross Profit (TTM)

NFG:

$1.02B

ENB:

$21.97B

EBITDA (TTM)

NFG:

$737.13M

ENB:

$18.75B

Returns By Period

In the year-to-date period, NFG achieves a 34.73% return, which is significantly higher than ENB's 8.91% return. Over the past 10 years, NFG has outperformed ENB with an annualized return of 5.71%, while ENB has yielded a comparatively lower 5.05% annualized return.


NFG

YTD

34.73%

1M

2.88%

6M

34.99%

1Y

48.29%

5Y*

18.47%

10Y*

5.71%

ENB

YTD

8.91%

1M

0.36%

6M

9.55%

1Y

29.86%

5Y*

14.56%

10Y*

5.05%

*Annualized

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Risk-Adjusted Performance

NFG vs. ENB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFG
The Risk-Adjusted Performance Rank of NFG is 9696
Overall Rank
The Sharpe Ratio Rank of NFG is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of NFG is 9595
Sortino Ratio Rank
The Omega Ratio Rank of NFG is 9595
Omega Ratio Rank
The Calmar Ratio Rank of NFG is 9393
Calmar Ratio Rank
The Martin Ratio Rank of NFG is 9898
Martin Ratio Rank

ENB
The Risk-Adjusted Performance Rank of ENB is 9292
Overall Rank
The Sharpe Ratio Rank of ENB is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of ENB is 8989
Sortino Ratio Rank
The Omega Ratio Rank of ENB is 8989
Omega Ratio Rank
The Calmar Ratio Rank of ENB is 9292
Calmar Ratio Rank
The Martin Ratio Rank of ENB is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NFG vs. ENB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for National Fuel Gas Company (NFG) and Enbridge Inc. (ENB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current NFG Sharpe Ratio is 2.35, which is higher than the ENB Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of NFG and ENB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NFG vs. ENB - Dividend Comparison

NFG's dividend yield for the trailing twelve months is around 2.54%, less than ENB's 5.92% yield.


TTM20242023202220212020201920182017201620152014
NFG
National Fuel Gas Company
2.54%3.36%3.91%2.97%2.83%4.30%3.72%3.30%3.00%2.84%3.67%2.20%
ENB
Enbridge Inc.
5.92%6.28%7.29%6.78%6.86%7.54%5.57%6.69%4.73%3.78%4.41%2.47%

Drawdowns

NFG vs. ENB - Drawdown Comparison

The maximum NFG drawdown since its inception was -55.49%, which is greater than ENB's maximum drawdown of -46.35%. Use the drawdown chart below to compare losses from any high point for NFG and ENB. For additional features, visit the drawdowns tool.


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Volatility

NFG vs. ENB - Volatility Comparison

National Fuel Gas Company (NFG) has a higher volatility of 6.91% compared to Enbridge Inc. (ENB) at 5.80%. This indicates that NFG's price experiences larger fluctuations and is considered to be riskier than ENB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NFG vs. ENB - Financials Comparison

This section allows you to compare key financial metrics between National Fuel Gas Company and Enbridge Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20.00B20212022202320242025
729.95M
18.50B
(NFG) Total Revenue
(ENB) Total Revenue
Values in USD except per share items

NFG vs. ENB - Profitability Comparison

The chart below illustrates the profitability comparison between National Fuel Gas Company and Enbridge Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
62.2%
40.8%
(NFG) Gross Margin
(ENB) Gross Margin
NFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, National Fuel Gas Company reported a gross profit of 453.74M and revenue of 729.95M. Therefore, the gross margin over that period was 62.2%.

ENB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported a gross profit of 7.55B and revenue of 18.50B. Therefore, the gross margin over that period was 40.8%.

NFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, National Fuel Gas Company reported an operating income of 317.25M and revenue of 729.95M, resulting in an operating margin of 43.5%.

ENB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported an operating income of 3.67B and revenue of 18.50B, resulting in an operating margin of 19.9%.

NFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, National Fuel Gas Company reported a net income of 216.36M and revenue of 729.95M, resulting in a net margin of 29.6%.

ENB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Enbridge Inc. reported a net income of 2.36B and revenue of 18.50B, resulting in a net margin of 12.8%.