ENB (Enbridge) Beginning Cash Position: $962 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ENB Enbridge Inc ENB
75 GF Score
Price $56.15
GF Value $51.16
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Enbridge Beginning Cash Position?

Enbridge ENB +0.47% 75 Beginning Cash Position is $962 Mil as of Mar. 2026. GuruFocus rates ENB with a GF Score™ of 75/100 and a GF Value™ of $51.16 (Fairly Valued). The stock has 12 warning signs investors should review.

Enbridge's Beginning Cash Position for the quarter that ended in Mar. 2026 was $962 Mil.

Enbridge's quarterly Beginning Cash Position increased from Sep. 2025 ($1,028 Mil) to Dec. 2025 ($1,198 Mil) but then declined from Dec. 2025 ($1,198 Mil) to Mar. 2026 ($962 Mil).

Enbridge's annual Beginning Cash Position increased from Dec. 2023 ($676 Mil) to Dec. 2024 ($4,201 Mil) but then declined from Dec. 2024 ($4,201 Mil) to Dec. 2025 ($1,450 Mil).

Enbridge Beginning Cash Position Related Terms

Enbridge Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Enbridge's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enbridge Beginning Cash Position Chart

Enbridge Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 382.81 235.55 676.06 4,200.89 1,449.80

Enbridge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,393.15 1,698.86 1,027.90 1,197.53 962.10
ENB
75GF Score
Enbridge Inc ENB
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enbridge Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $962 Mil mean?
Enbridge (ENB) has a Beginning Cash Position of $962 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Enbridge and its competitors.
Is Enbridge's Beginning Cash Position too high?
Enbridge's current Beginning Cash Position is $962 Mil. Overall, Enbridge has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Enbridge's Beginning Cash Position compare to WMB and EPD?
Enbridge's Beginning Cash Position of $962 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Enbridge and its competitors. Enbridge's current Beginning Cash Position is $962 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enbridge stock overvalued right now?
Based on GuruFocus' analysis, Enbridge (ENB) is currently considered Fairly Valued. The stock's GF Value™ is $51.16, compared to a current price of $56.15 — trading 9.8% above its estimated fair value. The current Beginning Cash Position is $962 Mil. Enbridge's overall GF Score™ is 75/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Enbridge (ENB), the current Beginning Cash Position is $962 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enbridge (ENB) Overvalued in 2026?

Based on GuruFocus' analysis, Enbridge stock appears to be overvalued. The current stock price of $56.15 is trading 9.8% above its estimated GF Value™ of $51.16. GuruFocus considers Enbridge to be Fairly Valued.

Key valuation signals for ENB:

  • Beginning Cash Position: $962 Mil
  • GF Value™: $51.16 vs. price of $56.15 (9.8% above fair value)
  • GF Score™: 75/100 with 12 warning signs

No single metric tells the full story. See the ENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Enbridge Business Description

Industry EnergyOil & Gas
Address 425 - 1st Street South West, Suite 200, Fifth Avenue Place, Corporate Legal Department, Calgary, AB, CAN, T2P 3L8
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also operates regulated natural gas utilities in the US and Canada, including Canada's largest natural gas distribution company. The firm has a small renewable energy portfolio primarily focused on onshore and offshore wind projects.
75GF Score

Get the complete analysis for ENB

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.15
Price
$51.16
GF Value