Albemarle Corp. vs Enbridge Inc — how do they compare? Albemarle Corp. trades at $131.06 (market cap $15.27B), while Enbridge Inc trades at $51.97 (market cap $112.62B). The key difference: Enbridge Inc is far larger — about 7.4× Albemarle Corp.'s market cap, and Enbridge Inc pays the higher dividend (5.34%). Which is the better fit depends on your goals.
| ALB | ENB | |
|---|---|---|
Market Cap | $15.27B | $112.62B |
Sector | Basic Materials | Energy |
52-Week High | $215.62 | $58.04 |
52-Week Low | $72.58 | $45.23 |
Enterprise Value | $17.75B | $196.53B |
Dividend Yield | 1.27% | 5.34% |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Read more on ENB →