CALGARY, Alberta (AP) _ Enbridge Inc. (ENB) on Friday reported second-quarter net income of $1.21 billion.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 56 cents. Earnings, adjusted for non-recurring gains, were 55 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The oil and natural gas transportation and power transmission company posted revenue of $8.91 billion in the period.

Enbridge shares have increased 24% since the beginning of the year. The stock has climbed 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENB at https://www.zacks.com/ap/ENB

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