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Stock impact report

Pipeline operator Enbridge forecasts higher 2026 core profit [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 projected an adjusted core profit of C$20.2 billion ($14.49 billion) to C$20.8 billion, compared with expectations of between C$19.4 billion and C$20 billion for this year. Surging demand for AI-fueled data centers and accelerating electrification are expected to push U.S. power demand to record levels in 2025 and 2026, according to the U.S. Energy Information Administration. “We also expect strong growth in 2026 from recent rate settlements and rate cases in both Gas Distribution and Gas Transmission,” CEO Gregory Ebel said in a statement. The Calgary-based company had bought three Dominion Energy D.Nutilities last year — East Ohio Gas, Questar Gas and Public Service Co of North Carolina — in a $14 billion deal, including debt. Enbridge also raised its quarterly dividend by 3% to 97 Canadian cents a share, effective March 1. (Reporting by Pranav Mathur and Yagnoseni Das in Bengaluru; Editing by Arun Koyyur and Sriraj Kalluvila) Show less Read more
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