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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Enbridge Inc.    ENB   CA29250N1050

ENBRIDGE INC.

(ENB)
  Report  
Delayed Quote. Delayed Toronto Stock Exchange - 11/15 04:17:27 pm
50.51 CAD   +1.02%
11/15ENBRIDGE INC : Other Events, Financial Statements and Exhibits (form 8-K)
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11/14ENBRIDGE INC. : Ex-dividend day for
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11/08ENBRIDGE : 3Q Earnings Snapshot
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Enbridge : Swings to 3Q Profit, Beats Analysts' Expecations

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11/08/2019 | 07:37am EST

By Patrick Thomas

Enbridge Inc. (ENB) swung to a C$949 million ($720.1 million) profit in the third quarter, after reporting a C$90 million loss in the same period a year ago.

The pipeline operator recorded a C$1.01 billion goodwill impairment charge during the third quarter of 2018.

Earnings per share were C$0.47 in the latest quarter, compared with C$0.05 a share a year ago.

The company reported adjusted earnings of C$0.56 a share. Analysts polled by FactSet were expecting earnings of C$0.51 a share, or C$0.52 a share on an adjusted basis.

Enbridge attributed its adjusted earnings results to stronger operating results across many of its business units and from new projects put into service in late 2018.

Write to Patrick Thomas at patrick.thomas@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
ENBRIDGE INC. 1.02% 50.51 Delayed Quote.19.10%
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Latest news on ENBRIDGE INC.
11/15ENBRIDGE INC : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
11/14ENBRIDGE INC. : Ex-dividend day for
FA
11/08ENBRIDGE : 3Q Earnings Snapshot
AQ
11/08ENBRIDGE : Swings to 3Q Profit, Beats Analysts' Expecations
DJ
11/08ENBRIDGE : reports earnings of $949 million in Q3, up from loss last year
AQ
11/08ENBRIDGE : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESUL..
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11/08ENBRIDGE INC : Results of Operations and Financial Condition, Financial Statemen..
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11/08ENBRIDGE INC. : Reports Strong Third Quarter 2019 Results
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11/08WALL STREET STOCK EXCHANGE : Stocks Slip as Trade Hopes Fade
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11/06ENBRIDGE : Declares Quarterly Dividends
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Financials (CAD)
Sales 2019 49 276 M
EBIT 2019 9 596 M
Net income 2019 5 942 M
Debt 2019 68 543 M
Yield 2019 5,84%
P/E ratio 2019 17,3x
P/E ratio 2020 19,0x
EV / Sales2019 3,47x
EV / Sales2020 3,43x
Capitalization 102 B
Chart ENBRIDGE INC.
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Technical analysis trends ENBRIDGE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 54,74  CAD
Last Close Price 50,51  CAD
Spread / Highest target 27,7%
Spread / Average Target 8,37%
Spread / Lowest Target -24,8%
EPS Revisions
Managers
NameTitle
Albert Monaco President, CEO & Non-Independent Director
Gregory Lorne Ebel Chairman
Colin K. Gruending Chief Financial Officer & Executive Vice President
Bhushan Ivaturi Chief Information Officer & Senior Vice President
Charles Wayne Fischer Independent Director
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