UPDATE 2-Pipeline operator Enbridge CEO sees no need for more asset sales [Reuters]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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Source: Reuters
Pipeline operator Enbridge's profit beats estimates | Reuters Reuters Staff 2 Min Read (Reuters) - Canadian pipeline operator Enbridge Inc ( ENB.TO ) ( ENB.N ) posted a quarterly profit that beat analysts’ estimate on Friday after transporting a record number of barrels of liquids including crude oil. The company’s U.S.-listed shares were up 4.2 percent at $36 before the bell. Enbridge, North America’s largest energy infrastructure company, said it transported 2.6 million barrels per day (bpd) of crude oil on its key Mainline system across Canada and the United States during the fourth quarter, up from 2.5 million bpd in the same quarter a year earlier. “Liquids pipelines volumes reached record levels in December and the demand outlook remains robust into 2018,” Chief Executive Al Monaco said in a statement. The Calgary-based company’s net income fell to C$207 million ($166 million), or 13 Canadian cents per share, in the fourth quarter ended Dec. 31, from C$365 million, or 39 Can
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News
- US April Budget Surplus Hits $210 Billion on Higher Tax Receipts [BNN Bloomberg (Canada)]BNN Bloomberg
- Fed's Goolsbee Says Not Much Evidence of Inflation Stalling Out [BNN Bloomberg (Canada)]BNN Bloomberg
- Enbridge says carbon storage project still alive in spite of Capital Power decision [BNN Bloomberg (Canada)]BNN Bloomberg
- Enbridge (ENB) Tops Q1 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- China Hedge Fund Stops Redemptions, Owner Missing, Report Says [BNN Bloomberg (Canada)]BNN Bloomberg
ENB
Earnings
- 5/10/24 - Beat
ENB
Sec Filings
- 5/10/24 - Form 10-Q
- 5/10/24 - Form 8-K
- 5/9/24 - Form 8-K
- ENB's page on the SEC website