Enbridge Inc.
ENB-PFA.TO
Toronto Stock Exchange24.37
CAD
+0.12
- -
Enbridge Inc.
ENB-PFA.TO
(Toronto Stock Exchange)
Recent
price
24.37
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Enbridge Inc. Enbridge Inc. (TSX: ENB) (NYSE: ENB) operates as a leading North American energy infrastructure company, primarily engaged in the transportation, distribution and generation of energy through an extensive pipeline network and related facilities. The company maintains the world's longest crude oil and liquids pipeline system, spanning approximately 29,000 kilometers across Canada and the United States to transport roughly three million barrels per day of crude oil, natural gas liquids and refined products; a vast natural gas transmission and midstream network covering 38,000 kilometers that delivers about 16 billion cubic feet per day to markets in Canada, the U.S., Mexico and the Gulf of Mexico; North America's largest natural gas utility serving over seven million customers in Ontario, Quebec, Ohio, Utah, Idaho, Wyoming and North Carolina with distribution, storage and related services including the Aitken Creek facilities; and a diversified renewable power generation portfolio of 38 wind, solar, geothermal, waste heat recovery and transmission assets capable of powering nearly two million homes, with growing offshore wind interests in Europe including the operational Fécamp, Saint-Nazaire and Hohe See projects. Enbridge Gas Inc. functions as its primary gas distribution subsidiary, while energy services encompass commodity marketing, logistics and optimization. Founded in 1949 as Interprovincial Pipe Line Company and headquartered at 425 - 1st Street S.W. in Calgary, Alberta, the company conducts operations principally across Canada and 30 U.S. states with additional international renewable exposure. Recent developments include the completion of three major U.S. natural gas utility acquisitions from Dominion Energy in 2024--Public Service Company of North Carolina in October, Questar Gas Company in June and The East Ohio Gas Company in March--elevating its gas utility franchise to the continent's largest; the April 2024 divestiture of its interests in Alliance Pipeline and Aux Sable; a March 2024 joint venture with WhiteWater/I Squared Capital and MPLX LP to connect Permian Basin natural gas to LNG and U.S. Gulf Coast demand; the sanctioning of pipelines for bp's U.S. Gulf of Mexico deepwater project in October 2024; an October 2024 collaboration with Microsoft on AI for safety, emissions and asset optimization; advancement of renewable initiatives such as the June 2024 partnership with First Nations and Métis groups for a 200-megawatt Saskatchewan wind project and full operation of France's Fécamp offshore wind farm in May 2024; and a December 2024 announcement of 2025 financial guidance with a three percent common share dividend increase to $3.77 annually.