Enbridge Reaffirmed Its 2024 Full Guidance Of EBITDA Of C$16.6B-C$17.2B And DCF Per Share Of C$5.40-C$5.80

5/10/24 7:13:59 AM ET

Natural Gas Distribution

Energy

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FINANCIAL OUTLOOK

The Company reaffirms its 2024 Base Business financial guidance for EBITDA and DCF. Results in the first quarter of 2024 are in line with the Company's expectations. Enbridge continues to anticipate strong asset utilization and operating performance in 2024 with normal course easonality, including Mainline volumes of approximately 3.0 million barrels per day on average for the year.

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Recent Analyst Ratings for
$ENB

Date	Price Target	Rating	Analyst
10/25/2024		Equal-Weight	Morgan Stanley
9/30/2024		Buy → Hold	Jefferies
2/27/2024		Buy	Jefferies
1/18/2024		Hold	Stifel
10/25/2023		Equal Weight → Underweight	Wells Fargo
10/17/2023		Peer Perform → Underperform	Wolfe Research
9/12/2023		Sector Perform	National Bank Financial
9/11/2023	$54.00 → $52.00	Market Perform	BMO Capital Markets

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Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates
CALGARY, AB, Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 9 (Series 9 Shares) (TSX:ENB) on December 1, 2024. As a result, subject to certain conditions, the holders of the Series 9 Shares have the right to convert all or part of their Series 9 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 10 of Enbridge (Series 10 Shares) on December 1, 2024. Holders who do not exercise their right to convert their Series 9 Shares into Series 10 Shares will retain their Series 9 Shares
11/1/24 6:00:00 PM ET
$ENB
Natural Gas Distribution
Energy
Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook
CALGARY, AB, Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported third quarter 2024 financial results, provided a quarterly business update, and reaffirmed its 2024 financial guidance and outlook. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Third quarter GAAP earnings of $1.3 billion or $0.59 per common share, compared with GAAP earnings of $0.5 billion or $0.26 per common share in 2023Adjusted earnings* of $1.2 billion or $0.55 per common share*, compared with $1.3 billion or $0.62 per common
11/1/24 7:00:00 AM ET
$ENB
Natural Gas Distribution
Energy
Enbridge Inc. Declares Quarterly Dividends
CALGARY, AB, Oct. 30, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on December 1, 2024 to shareholders of record on November 15, 2024. The amount of the dividend is consistent with the September 1, 2024 dividend. The Board also declared the following quarterly dividends for Enbridge Preferred Shares. All dividends are payable on December 1, 2024 to shareholders of record on November 15, 2024. All amounts shown are in Canadian dollars unless otherwise specified. Common Shares $0.9150 Preference Shares, Series A $0.34375 Preference Shares, Series
10/30/24 7:00:00 AM ET
$ENB
Natural Gas Distribution
Energy

$ENB
Financials

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Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates
CALGARY, AB, Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 9 (Series 9 Shares) (TSX:ENB) on December 1, 2024. As a result, subject to certain conditions, the holders of the Series 9 Shares have the right to convert all or part of their Series 9 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 10 of Enbridge (Series 10 Shares) on December 1, 2024. Holders who do not exercise their right to convert their Series 9 Shares into Series 10 Shares will retain their Series 9 Shares
11/1/24 6:00:00 PM ET
$ENB
Natural Gas Distribution
Energy
Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook
CALGARY, AB, Nov. 1, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported third quarter 2024 financial results, provided a quarterly business update, and reaffirmed its 2024 financial guidance and outlook. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Third quarter GAAP earnings of $1.3 billion or $0.59 per common share, compared with GAAP earnings of $0.5 billion or $0.26 per common share in 2023Adjusted earnings* of $1.2 billion or $0.55 per common share*, compared with $1.3 billion or $0.62 per common
11/1/24 7:00:00 AM ET
$ENB
Natural Gas Distribution
Energy
Enbridge Inc. Declares Quarterly Dividends
CALGARY, AB, Oct. 30, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9150 per common share, payable on December 1, 2024 to shareholders of record on November 15, 2024. The amount of the dividend is consistent with the September 1, 2024 dividend. The Board also declared the following quarterly dividends for Enbridge Preferred Shares. All dividends are payable on December 1, 2024 to shareholders of record on November 15, 2024. All amounts shown are in Canadian dollars unless otherwise specified. Common Shares $0.9150 Preference Shares, Series A $0.34375 Preference Shares, Series
10/30/24 7:00:00 AM ET
$ENB
Natural Gas Distribution
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$ENB
Leadership Updates

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WHISTLER PIPELINE AND ENBRIDGE AGREE TO STRATEGIC COMBINATION OF WHISTLER AND RIO BRAVO NATURAL GAS ASSETS
AUSTIN, Texas, March 26, 2024 /PRNewswire/ -- WhiteWater, I Squared, MPLX LP (NYSE:MPLX), and Enbridge Inc. (TSX:ENB) (NYSE:ENB) jointly announce they have entered into a definitive agreement to strategically combine the Whistler Pipeline and Rio Bravo Pipeline project in a newly formed joint venture. Enbridge will contribute its wholly-owned Rio Bravo Pipeline project and cash in exchange for an ownership stake in the newly formed joint venture. Following the closing of the transaction, the ownership in the joint venture will be WhiteWater/I Squared (50.6%), MPLX (30.4%), and
3/26/24 7:00:00 AM ET
$ENB
$MPLX
Natural Gas Distribution
Energy
Enbridge Appoints New Director to its Board
CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) is pleased to announce that its Board of Directors has appointed Manjit Minhas as a director of Enbridge. Ms. Minhas is the co-founder and CEO of Minhas Breweries, Distilleries and Wineries. She is an experienced director and has extensive business and entrepreneurial experience. Ms. Minhas is currently a director of ATB Financial. "On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Ms. Minhas to the Enbridge Board. She will be a strong addition to our Board, and we look forward to benefiting from her broad-based business acumen," stated Pamela Carter, the Chair of the Board of Directo
11/29/23 4:15:00 PM ET
$ENB
Natural Gas Distribution
Energy
Enbridge Appoints Pamela L. Carter as Chair of the Board, Effective January 1, 2023
CALGARY, AB, Nov. 30, 2022 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced Pamela L. Carter as Chair of the Board effective January 1, 2023, coincident with the appointment of current Board Chair, Greg Ebel, as President & CEO on the same date. Mr. Ebel succeeds retiring President and CEO, Al Monaco. Ms. Carter has served as a director of the Enbridge Board since 2017 and with a predecessor company since 2007. Most recently she has served as Chair of the Human Resources & Compensation Committee of the Board, member of the Sustainability and Safety & Reliability Committees and as a former Chair of the Governance Committee. "Pamela brings continuity
11/30/22 7:12:00 AM ET
$ENB
Natural Gas Distribution
Energy

Enbridge Reaffirmed Its 2024 Full Guidance Of EBITDA Of C$16.6B-C$17.2B And DCF Per Share Of C$5.40-C$5.80

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$ENB

$ENB
Large Ownership Changes

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SEC Form SC 13G/A filed

$ENB
Press Releases

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Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

Enbridge Inc. Declares Quarterly Dividends

$ENB
SEC Filings

SEC Form 10-Q filed by Enbridge Inc

Enbridge Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Enbridge Inc filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets

$ENB
Financials

Live finance-specific insights

Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

Enbridge Inc. Declares Quarterly Dividends

$ENB
Analyst Ratings

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Morgan Stanley resumed coverage on Enbridge

Enbridge downgraded by Jefferies

Jefferies initiated coverage on Enbridge

$ENB
Leadership Updates

Live Leadership Updates

WHISTLER PIPELINE AND ENBRIDGE AGREE TO STRATEGIC COMBINATION OF WHISTLER AND RIO BRAVO NATURAL GAS ASSETS

Enbridge Appoints New Director to its Board

Enbridge Appoints Pamela L. Carter as Chair of the Board, Effective January 1, 2023

$ENB
Market Insights

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Enbridge Says Co Did Experience Some Impacts To Business Applications As A Result Of The CrowdStrike Update;All Energy Infrastructure Is Stable And Operating As Normal, No Assets Are At Risk; Most Applications Are Now Restored And No Further Impacts Are Expected

Enbridge Says All Of Its Assets Along, Or Near, The U.S. Gulf Coast Are Up And Operating Except For Tres Palacios Gas Storage Facility In Texas; Pausing Operations At Tres Palacios Gas Storage Facility In Texas As A Precaution Due To Storm Beryl And Working With Upstream And Downstream Customers

Jim Cramer: This Industrial Stock Is Doing 'Very Well'; Here's His Take On Palantir

Enbridge Reaffirmed Its 2024 Full Guidance Of EBITDA Of C$16.6B-C$17.2B And DCF Per Share Of C$5.40-C$5.80

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Recent Analyst Ratings for $ENB

$ENB Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed

$ENB Press Releases

Fastest customizable press release news feed in the world

Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

Enbridge Inc. Declares Quarterly Dividends

$ENB SEC Filings

SEC Form 10-Q filed by Enbridge Inc

Enbridge Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Enbridge Inc filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets

$ENB Financials

Live finance-specific insights

Enbridge Provides Notice of Series 9 Preferred Shares Conversion Right and Announces Reset Dividend Rates

Enbridge Reports Strong Third Quarter 2024 Financial Results, Executes on Business Priorities, and Reaffirms Financial Guidance and Outlook

Enbridge Inc. Declares Quarterly Dividends

$ENB Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Morgan Stanley resumed coverage on Enbridge

Enbridge downgraded by Jefferies

Jefferies initiated coverage on Enbridge

$ENB Leadership Updates

Live Leadership Updates

WHISTLER PIPELINE AND ENBRIDGE AGREE TO STRATEGIC COMBINATION OF WHISTLER AND RIO BRAVO NATURAL GAS ASSETS

Enbridge Appoints New Director to its Board

Enbridge Appoints Pamela L. Carter as Chair of the Board, Effective January 1, 2023

$ENB Market Insights

Live Market Insights

Enbridge Says Co Did Experience Some Impacts To Business Applications As A Result Of The CrowdStrike Update;All Energy Infrastructure Is Stable And Operating As Normal, No Assets Are At Risk; Most Applications Are Now Restored And No Further Impacts Are Expected

Enbridge Says All Of Its Assets Along, Or Near, The U.S. Gulf Coast Are Up And Operating Except For Tres Palacios Gas Storage Facility In Texas; Pausing Operations At Tres Palacios Gas Storage Facility In Texas As A Precaution Due To Storm Beryl And Working With Upstream And Downstream Customers

Jim Cramer: This Industrial Stock Is Doing 'Very Well'; Here's His Take On Palantir

Recent Analyst Ratings for
$ENB

$ENB
Large Ownership Changes

$ENB
Press Releases

$ENB
SEC Filings

$ENB
Financials

$ENB
Analyst Ratings

$ENB
Leadership Updates

$ENB
Market Insights