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0 0 0.00729859642376459 0.00057681215150921 0.00519130936358385 0.00442222649490477 0.00730628725245136 0.00730628725245136
Stock impact report

Canada's Enbridge beats quarterly profit estimates on robust natgas demand [BNN Bloomberg (Canada)]

Enbridge Inc (ENB) 
Last enbridge inc earnings: 2/14 07:00 am Check Earnings Report
US:NYSE Investor Relations: enbridge.com/investment-center/dashboard
Company Research Source: BNN Bloomberg
The company operates the Mainline system, which moves nearly half of the crude in the United States, including light and heavy crude oil, natural gas liquids and refined products from Alberta, to various markets in Canada and the U.S. Midwest. Pipeline operators are benefiting from an increase in demand for natural gas, primarily driven by liquefied natural gas exports, and soaring power generation tied to increased use of artificial intelligence, cryptocurrency mining and data centers. Earlier in the day, peer TC Energy also beat market expectations for quarterly profit on the back of rising natural gas demand. U.S.-listed shares of Enbridge rose nearly one per cent before the bell. Enbridge said it had roughly $39 billion in project backlog and expects about $8 billion of that to come into service this year. “We continue to advance over 50 data center opportunities across North America, requiring up to 10 billion cubic feet per day new takeaway capacity... and expect to s Show less Read more
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