- CEO
- Gregory Lorne Ebel
- Full Time Employees
- 14,800
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 200, Fifth Avenue Place Calgary AB Canada T2P 3L8
- IPO Date
- Feb 21, 2019
- Business
- Enbridge Inc. is a leading North American energy infrastructure company that owns and operates the world's longest and largest crude oil and liquids pipeline system, spanning approximately 18,085 miles (29,104 kilometers) of active pipe across Canada and the United States; natural gas transmission and midstream pipelines covering 23,850 miles (38,375 kilometers) that transport about 16.2 billion cubic feet per day, connecting supply basins to major markets including population centers, LNG export facilities, and the U.S. Gulf Coast; North America's largest natural gas utility serving approximately 7 million customers following recent U.S. expansions; renewable power generation from 38 wind, solar, geothermal, and waste heat recovery projects producing electricity for about 1.9 million homes; and energy services including physical commodity marketing, logistics, and storage facilities such as Aitken Creek. Founded in 1949 and headquartered in Calgary, Alberta, Canada, the company operates primarily in Canada, the United States, and offshore Gulf of Mexico, delivering roughly 25% of North America's crude oil production and 20% of U.S. natural gas consumption to industrial, residential, and export markets. Recent developments include the completion of three major U.S. gas utility acquisitions from Dominion Energy—The East Ohio Gas Company in March 2024, Questar Gas Company in June 2024, and Public Service Company of North Carolina in October 2024—making Enbridge Gas the continent's largest by customer base; entry into a joint venture with WhiteWater/I Squared Capital and MPLX LP in March 2024 for the Matterhorn Express Pipeline connecting Permian Basin gas to LNG and U.S. Gulf Coast demand; sanctioning of the $900 million Clear Fork Solar project in Texas fully contracted with Meta Platforms; partnerships with Microsoft for AI-driven safety and emissions initiatives in October 2024, First Nations and Métis groups for a 200-megawatt Saskatchewan wind project in June 2024, and bp for Gulf of Mexico deepwater pipelines in October 2024; sale of interests in Alliance Pipeline and Aux Sable in April 2024; a 3% dividend increase to $3.77 annualized for 2025 announced December 2024; and reaffirmed financial guidance with extensions to growth projects supporting data centers and AI demand.