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    ENB   CA29250N1050

ENBRIDGE INC.

(ENB)
  Report
Delayed Toronto Stock Exchange  -  04:00:00 2023-02-03 pm EST
54.38 CAD   +0.74%
02/02Enbridge restores British Columbia natural gas pipeline to full service
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02/02E Split Corp. Announced Intention to Extend Term
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02/01Most actively traded companies on the Toronto Stock Exchange
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Enbridge posts higher third-quarter profit as oil and gas shipments rise

11/04/2022 | 06:06am EST
FILE PHOTO: File of the Enbridge Tower on Jasper Avenue in Edmonton

(Reuters) - Canada's Enbridge Inc reported a higher third-quarter adjusted profit on Friday, as surging energy demand boosted shipments on the oil and gas pipeline operator's Mainline system.

The Calgary-based company's adjusted earnings rose to C$1.4 billion ($1.03 billion), or 67 Canadian cents per share, in the three months to Sept. 30, from C$1.2 billion, or 59 Canadian cents per share, a year earlier.

($1 = 1.3624 Canadian dollars)

(Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 0.11% 80.04 Delayed Quote.-4.54%
ENBRIDGE INC. 0.74% 54.38 Delayed Quote.2.76%
WTI -0.31% 73.445 Delayed Quote.-5.67%
All news about ENBRIDGE INC.
02/02Enbridge restores British Columbia natural gas pipeline to full service
RE
02/02E Split Corp. Announced Intention to Extend Term
MT
02/01Most actively traded companies on the Toronto Stock Exchange
AQ
01/31Enbridge Brief: Provided Overnight Notice of Series 19 Preferred Shares C..
MT
01/30Enbridge Provides Notice of Series D Preferred Shares Conversion Right and Announces Re..
AQ
01/27Enhanced Energy Efficiency Rebates Now Available Through New Agreement Between Enbridge..
AQ
01/25Enbridge Downgraded to Market Perform at BMO
MT
01/19Environmental groups sue U.S. to stop deepwater oil-export facility
RE
01/12Enbridge Inc. to Host Webcast to Discuss 2022 Fourth Quarter and Full-Year Results on F..
AQ
01/06Phillips 66 buys public units of pipeline operator DCP Midstream for $3.8 billion
RE
More news
Analyst Recommendations on ENBRIDGE INC.
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Financials
Sales 2022 53 126 M 39 699 M 39 699 M
Net income 2022 5 425 M 4 054 M 4 054 M
Net Debt 2022 81 765 M 61 100 M 61 100 M
P/E ratio 2022 20,6x
Yield 2022 6,32%
Capitalization 110 B 82 284 M 82 284 M
EV / Sales 2022 3,61x
EV / Sales 2023 3,61x
Nbr of Employees 10 900
Free-Float 86,4%
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Technical analysis trends ENBRIDGE INC.
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 54,38 CAD
Average target price 58,05 CAD
Spread / Average Target 6,74%
EPS Revisions
Managers and Directors
Gregory Lorne Ebel President, Chief Executive Officer & Director
Vern D. Yu Chief Financial Officer & Executive Vice President
Pamela Lynn Carter Chairman
Bhushan N. Ivaturi Chief Information Officer & Senior Vice President
Lisa D Wilson Chief Compliance Officer & Vice President
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