Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
IPO Year:
Exchange: NYSE
Website: enbridge.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/4/2025 | Buy | Citigroup | |
| 1/15/2025 | Buy | TD Securities | |
| 11/6/2024 | Underweight → Equal Weight | Wells Fargo | |
| 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 |
10-Q - ENBRIDGE INC (0000895728) (Filer)
8-K - ENBRIDGE INC (0000895728) (Filer)
8-K - ENBRIDGE INC (0000895728) (Filer)
SCHEDULE 13G - ENBRIDGE INC (0000895728) (Subject)
8-K - ENBRIDGE INC (0000895728) (Filer)
10-K/A - ENBRIDGE INC (0000895728) (Filer)
8-K - ENBRIDGE INC (0000895728) (Filer)
8-K/A - ENBRIDGE INC (0000895728) (Filer)
10-K - ENBRIDGE INC (0000895728) (Filer)
8-K - ENBRIDGE INC (0000895728) (Filer)
Citigroup initiated coverage of Enbridge with a rating of Buy
TD Securities initiated coverage of Enbridge with a rating of Buy
Wells Fargo upgraded Enbridge from Underweight to Equal Weight
Morgan Stanley resumed coverage of Enbridge with a rating of Equal-Weight
Jefferies downgraded Enbridge from Buy to Hold
Jefferies initiated coverage of Enbridge with a rating of Buy
Stifel initiated coverage of Enbridge with a rating of Hold
Wells Fargo downgraded Enbridge from Equal Weight to Underweight
Wolfe Research downgraded Enbridge from Peer Perform to Underperform
National Bank Financial resumed coverage of Enbridge with a rating of Sector Perform
SC 13G/A - ENBRIDGE INC (0000895728) (Subject)
CALGARY, AB, May 9, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported first quarter 2025 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. 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.) First quarter GAAP earnings of $2.3 billion or $1.04 per common share, compared with GAAP earnings of $1.4 billion or $0.67 per common share in 2024Adjusted earnings* of $2.2 billion or $1.03 per common share*, compared with $2.0 billion or $0.92 per common share in 2024Ad
CALGARY, AB, May 7, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Company's Management Information Circular dated March 4, 2025. "On behalf of the Board of Directors of Enbridge, we would like to thank Pamela Carter for her commitment, counsel and contributions to Enbridge over the years and we wish her well in her retirement," stated Greg Ebel, President & Chief Executive Officer. "We would also like to welcome Steve Williams as the new Ch
AUSTIN, Texas, May 6, 2025 /PRNewswire/ -- I Squared, MPLX LP (NYSE:MPLX), and Enbridge Inc. (NYSE:ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in the Matterhorn Express Pipeline from Ridgemont Equity Partners and Devon Energy Corp. (NYSE:DVN). Following the close of the transaction, WhiteWater, MPLX and Enbridge will own 65%, 10% and 10% of the Matterhorn Express Pipeline, respectively. WhiteWater's equity interest in the Matterhorn Express Pipeline will be jointly backed by FIC and I Squared, and WhiteWater will continue to
CALGARY, AB, May 2, 2025 /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 13 (Series 13 Shares) (TSX:ENB) on June 1, 2025. As a result, subject to certain conditions, the holders of the Series 13 Shares have the right to convert all or part of their Series 13 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 14 of Enbridge (Series 14 Shares) on June 1, 2025. Holders who do not exercise their right to convert their Series 13 Shares into Series 14 Shares will retain their Series 13 Shares.
OTTAWA, ON, April 30, 2025 /CNW/ - Canadians have voted for a House of Commons make up that favours building more energy infrastructure to strengthen economic sovereignty, and urgent action is required to deliver. Today, CEOs of 38 leading energy companies sent congratulations and details on an urgent action plan to help meet that mandate. "On behalf of the leaders of Canada's energy companies, please accept our congratulations on your election victory," states the letter sent to the Prime Minister. "This moment marks not only the first chapter for your government, but also a vital opportunity for our nation to come together around shared goals and build the trust necessary to get big thing
CALGARY, AB, April 24, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9425 per common share, payable on June 1, 2025 to shareholders of record on May 15, 2025. The amount of the dividend is consistent with the March 1, 2025 dividend. The Board also declared the following quarterly dividends for Enbridge Preferred Shares. All dividends are payable on June 1, 2025 to shareholders of record on May 15, 2025. All amounts shown are in Canadian dollars unless otherwise specified. Common Shares $0.9425 Preference Shares, Series A $0.34375 Preference Shares, Series B $0.325
AUSTIN, Texas, April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE:MPLX), and Enbridge Inc. (NYSE:ENB), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE:TRGP) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approxi
CALGARY, AB, March 27, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) will host a conference call and webcast on May 9, 2025, at 7 a.m. MT (9 a.m. ET) to provide a business update and review 2025 first quarter results. The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for any additional questions. Enbridge will announce its financial results before markets open on May 9, 2025. 2025 First Quarter Earnings Webcast and Conference Call Details of the webcast When: Fr
CALGARY, AB, March 11, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced Steven W. Williams as Chair of the Board, effective May 7, 2025 following conclusion of its Annual Meeting of Shareholders, coincident with the retirement of Pamela L. Carter, the current Board Chair. Mr. Williams has served as a director of the Enbridge Board since 2022. Mostly recently, he served as Chair of the Human Resources & Compensation Committee of the Board and was a member of the Safety & Reliability Committee of the Board. "This coming May, at our annual meeting of shareholders, Pamela Carter will retire from the Enbridge Board. Pamela has been a guiding for
CALGARY, AB, March 4, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) is reiterating its strategic priorities, demonstrating the visibility of its growth outlook, and reaffirming its financial outlook which will be discussed further at the Company's investor conference today in New York. A virtual broadcast of the event is also available for registered participants (link). Highlights Growing secured investment backlog to $29 billion; $2.5 billion of new accretive investments:Up to $2.0 billion of Mainline capital investment through 2028 to further reliability and efficiency given continuing demands on the systemSanctioned the $0.4 billion Birch Grove brownfi
CALGARY, AB, May 9, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported first quarter 2025 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. 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.) First quarter GAAP earnings of $2.3 billion or $1.04 per common share, compared with GAAP earnings of $1.4 billion or $0.67 per common share in 2024Adjusted earnings* of $2.2 billion or $1.03 per common share*, compared with $2.0 billion or $0.92 per common share in 2024Ad
CALGARY, AB, May 2, 2025 /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 13 (Series 13 Shares) (TSX:ENB) on June 1, 2025. As a result, subject to certain conditions, the holders of the Series 13 Shares have the right to convert all or part of their Series 13 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 14 of Enbridge (Series 14 Shares) on June 1, 2025. Holders who do not exercise their right to convert their Series 13 Shares into Series 14 Shares will retain their Series 13 Shares.
CALGARY, AB, April 24, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced that its Board of Directors has declared a quarterly dividend of $0.9425 per common share, payable on June 1, 2025 to shareholders of record on May 15, 2025. The amount of the dividend is consistent with the March 1, 2025 dividend. The Board also declared the following quarterly dividends for Enbridge Preferred Shares. All dividends are payable on June 1, 2025 to shareholders of record on May 15, 2025. All amounts shown are in Canadian dollars unless otherwise specified. Common Shares $0.9425 Preference Shares, Series A $0.34375 Preference Shares, Series B $0.325
AUSTIN, Texas, April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE:MPLX), and Enbridge Inc. (NYSE:ENB), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE:TRGP) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approxi
CALGARY, AB, March 27, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) will host a conference call and webcast on May 9, 2025, at 7 a.m. MT (9 a.m. ET) to provide a business update and review 2025 first quarter results. The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for any additional questions. Enbridge will announce its financial results before markets open on May 9, 2025. 2025 First Quarter Earnings Webcast and Conference Call Details of the webcast When: Fr
CALGARY, AB, Feb. 14, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. 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.) Full-year GAAP earnings of $5.1 billion or $2.34 per common share, compared with GAAP earnings of $5.8 billion or $2.84 per common share in 2023Full-year adjusted earnings* of $6.0 billion or $2.80 per common share*, compared with $5.7 billion or $2.79 per common share
CALGARY, AB, Jan. 30, 2025 /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 11 (Series 11 Shares) (TSX:ENB) on March 1, 2025. As a result, subject to certain conditions, the holders of the Series 11 Shares have the right to convert all or part of their Series 11 Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series 12 of Enbridge (Series 12 Shares) on March 1, 2025. Holders who do not exercise their right to convert their Series 11 Shares into Series 12 Shares will retain their Series 11 Share
CALGARY, AB, Jan. 10, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) will host a conference call and webcast to provide a business update and review 2024 fourth quarter results on February 14, 2025, at 7 a.m. MT (9 a.m. ET). The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for any additional questions. Enbridge will announce its financial results before markets open on February 14, 2025. 2024 Fourth Quarter Earnings Webcast and Conference Call Details of the web
CALGARY, AB, Dec. 3, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE: ENB) announced today its 2025 financial guidance and an annualized common share dividend increase from $3.66 to $3.77 per share, or 3.0%, effective March 1, 2025. HIGHLIGHTS (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. See the Non-GAAP and Other Financial Measures section of this news release) Announced 2025 adjusted earnings before interest, income taxes and depreciation (EBITDA)* guidance of $19.4 billion to $20.0 billion and distributable cash flow (DCF)* per share of $5.50 to $5.90Declared 30th consecutive ann
CALGARY, AB, Dec. 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced today that its Board of Directors has declared a quarterly dividend of $0.9425 per common share, payable on March 1, 2025 to shareholders of record on February 14, 2025. The declared dividend represents a 3% increase from the prior quarterly rate and the thirtieth consecutive year in which the Company has increased its common share dividend. DIVIDEND DECLARATION On December 2, 2024, the Enbridge Board of Directors declared the following quarterly dividends. All dividends are payable on March 1, 2025 to shareholders of record on February 14, 2025. Common Shares $0.9425 Preference
CALGARY, AB, March 11, 2025 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced Steven W. Williams as Chair of the Board, effective May 7, 2025 following conclusion of its Annual Meeting of Shareholders, coincident with the retirement of Pamela L. Carter, the current Board Chair. Mr. Williams has served as a director of the Enbridge Board since 2022. Mostly recently, he served as Chair of the Human Resources & Compensation Committee of the Board and was a member of the Safety & Reliability Committee of the Board. "This coming May, at our annual meeting of shareholders, Pamela Carter will retire from the Enbridge Board. Pamela has been a guiding for
CALGARY, AB, Dec. 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) is pleased to announce that its Board of Directors has appointed Douglas L. Foshee as a Director of Enbridge, effective January 1, 2025. Mr. Foshee has more than 40 years of energy industry experience, including as Chair, President and CEO of El Paso Corporation from 2003 to 2012, as CFO and then COO of Halliburton Company from 2001 to 2003, and as Chair, President and CEO of Nuevo Energy from 1996-2001. "On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Doug to the Enbridge Board. He has extensive energy industry and business experience and will be an excellent addition to our Board,"
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
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
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
CALGARY, AB, Nov. 5, 2021 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge) is pleased to announce that its Board of Directors has appointed Gaurdie Banister and Jane Rowe as directors of Enbridge, effective November 4, 2021. Mr. Banister has more than 40 years of experience within the energy sector, most recently as the CEO of Aera Energy LLC. Prior thereto, he had a long and successful career at Royal Dutch Shell, including various senior leadership roles between 1980 and 2007. Mr. Banister is currently a director of Tyson Foods and Dow Inc. Ms. Rowe is a highly experienced executive with strong strategic business and financial skills, currently serving as Vice Chair, Investment
CALGARY, AB, June 21, 2021 /PRNewswire/ - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Corporation) announces the resignation of Gregory J. Goff as a director of the Corporation, effective June 21, 2021. Mr. Goff's decision to resign from the Board of Directors was not the result of any disagreement relating to the Corporation's operations, policies or practices. Enbridge would like to thank Mr. Goff for his service and contribution to the Corporation. About Enbridge Inc. Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which