ENB drawdown: 10.9% below the all-time high
Enbridge Inc (ENB) is 10.9% below its all-time high, set May 22, 2026 (as of market close, Aug 6, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1984).
- Below all-time high
- −10.9%
- 89.1% of ATH
- All-time high
- $58.04
- May 22, 2026
- Time below the high
- 2 mo
- since May 22, 2026
- Worst-ever drawdown
- −56.3%
- Mar 23, 2020
- Longest underwater
- 10.9 yrs
- between all-time highs
- Today's level first reached
- Dec 4, 2014
- 11.7 yrs ago
- Last time this deep
- Feb 2, 2026
- in a previous episode
% of all-time high since 1984#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of ENB, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Apr 27, 2015 | Mar 23, 2020 | −56.3% | 4.9 yrs | Mar 16, 2026 | 10.9 yrs |
| May 23, 2008 | Nov 20, 2008 | −41.7% | 6 mo | Dec 16, 2009 | 1.6 yrs |
| Jan 8, 1992 | Nov 30, 1992 | −39.1% | 11 mo | Oct 29, 1996 | 4.8 yrs |
| May 6, 1999 | Jan 25, 2000 | −29.8% | 9 mo | Oct 25, 2000 | 18 mo |
| Aug 25, 1987 | Nov 24, 1987 | −26.3% | 3 mo | Jul 31, 1989 | 1.9 yrs |
| Jan 2, 2001 | Jan 18, 2001 | −20.7% | 16 days | Oct 11, 2001 | 9 mo |
| Jul 13, 1998 | Aug 31, 1998 | −20.2% | 49 days | Feb 23, 1999 | 7 mo |
| Jul 5, 2002 | Dec 3, 2002 | −17.8% | 5 mo | May 12, 2003 | 10 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1984: how far ENB stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: ENB is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is ENB from its all-time high?
- ENB is currently 10.9% below its all-time high, set May 22, 2026 (as of market close, Aug 6, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ENB drawdown ever?
- The deepest decline on record in our data (since 1984) took the stock 56.3% below its prior high, bottoming Mar 23, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1984 (split-adjusted). "All-time" means since our price data begins — ENB may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.