Enbridge Inc vs Live Nation Entertainment, Inc. — how do they compare? Enbridge Inc trades at $51.75 (market cap $112.62B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Enbridge Inc is far larger — about 2.6× Live Nation Entertainment, Inc.'s market cap, and Enbridge Inc pays a 5.34% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| ENB | LYV | |
|---|---|---|
Market Cap | $112.62B | $42.71B |
Sector | Energy | Industrials |
52-Week High | $58.04 | $186.59 |
52-Week Low | $45.23 | $125.61 |
Enterprise Value | $196.53B | $44.92B |
Dividend Yield | 5.34% | — |
Trailing returns across standard periods
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 →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
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