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Enbridge Inc   (ENB)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 
Price: $41.0700 $0.19 0.465%
Day's High: $41.1578 Week Perf: 0.61 %
Day's Low: $ 40.82 30 Day Perf: 1.43 %
Volume (M): 2,391 52 Wk High: $ 41.35
Volume (M$): $ 98,182 52 Wk Avg: $36.21
Open: $40.86 52 Wk Low: $31.31



 Market Capitalization (Millions $) 88,253
 Shares Outstanding (Millions) 2,149
 Employees 11,500
 Revenues (TTM) (Millions $) 34,973
 Net Income (TTM) (Millions $) 4,887
 Cash Flow (TTM) (Millions $) -121
 Capital Exp. (TTM) (Millions $) 4,545

Enbridge Inc
Enbridge Inc. is a multinational energy company based in Calgary, Alberta, Canada. The company was founded in 1949 as Interprovincial Pipe Line Company, and has since grown to become one of the world's largest energy infrastructure companies. Enbridge operates in North America and employs approximately 13,000 people.

Enbridge's business segments are mainly comprised of Liquids Pipelines, Gas Distribution, Gas Storage and Pipelines, Renewable Power Generation, Energy Services, and Energy Transmission. The Liquids Pipelines segment is the largest source of revenue for Enbridge, as it transports crude oil and other liquid hydrocarbons through its network of pipelines in Canada and the United States. The company's Gas Distribution segment serves residential, commercial and industrial customers in Ontario, Quebec, and New Brunswick. The Gas Storage and Pipelines segment operates natural gas storage and transmission facilities in the United States. The Renewable Power Generation segment develops and operates renewable energy projects, such as solar, wind, and hydrogen fuel cells.

Enbridge has been recognized as a company committed to sustainability, given its efforts to reduce its carbon footprint and its focus on green energy. It has set a target to have net-zero GHG emissions by 2050.

In addition to its core business, Enbridge is also involved in philanthropic endeavors through its Enbridge Community Investment Program. The company has donated millions of dollars towards community development and charitable causes, with a focus on education, energy efficiency, and Indigenous peoples.

Overall, Enbridge Inc. is a major player in the energy industry, with a diverse portfolio of business segments and a commitment to sustainability and community involvement. Its continued growth and focus on renewable energy highlight its position as a leader in the energy transition.


   Company Address: 200, 425 - 1st Street S.W. Calgary 0 AB
   Company Phone Number: 231-3900   Stock Exchange / Ticker: NYSE ENB


   

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Business Update

'EDF Renewables and Enbridge Achieve Milestone with Phase 1 Completion of Fox Squirrel Solar Project'

Published Thu, May 23 2024 12:15 AM UTC

EDF Renewables and Enbridge Celebrate Milestone in Madison County Solar Project---'MADISON COUNTY, Ohio' ?? In a significant move towards renewable energy expansion, EDF Renewables North America and Enbridge Inc. have announced the completion and commencement of commercial operations for Phase 1 of the Fox Squirrel Solar project. The milestone was marked by a celebratory ev...

Business Update

EDF Renewables and Enbridge Complete Phase 1 of Fox Squirrel Solar Project, Marking a Milestone in Renewable Energy Development

Published Wed, May 22 2024 4:15 PM UTC

EDF Renewables North America and Enbridge Inc. have joined forces to celebrate the successful completion and commencement of commercial operations of the 150 MWac Fox Squirrel Solar Phase 1 project in Madison County, Ohio. The project, which is planned to include three phases upon completion by the end of 2024, aims to become one of the largest utility-scale solar developmen...

Dividend

Enbridge Inc. Chooses Long-Term Maximization: Series 5 Shareholders to Enjoy Unforeseen Benefits

Published Wed, Jan 31 2024 9:15 PM UTC

Enbridge Inc. Decides Against Redeeming Cumulative Redeemable Preference Shares, Series 5: Shareholders Stand to Benefit
CALGARY, AB, Jan. 31, 2024 - Enbridge Inc. (TSX: ENB) (NYSE: ENB) has recently announced its decision to refrain from exercising its right to redeem its outstanding Cumulative Redeemable Preference Shares, Series 5 (Series 5 Shares) (TSX: ENB.PF.V). T...

Product Service News

EDF Renewables and Enbridge Unveil Ohio's Largest Solar Complex, Powering the Way to a Greener Future

Published Wed, Jan 10 2024 3:00 PM UTC

EDF Renewables North America and Enbridge Announce Completion of Ohio's Largest Solar Complex, Fox Squirrel Phase 1SAN DIEGO & CALGARY, Alberta - EDF Renewables North America and Enbridge Inc. have announced the successful completion of Phase 1 of the Fox Squirrel Solar project, Ohio's largest solar complex. The facility is now fully operational and feeding renewable electri...

Enbridge Inc

Enbridge Inc Faces EPS Plunge as Sales Slump in Q3 2023: A Critical Blow to Growth



Enbridge Inc, a prominent energy transportation and distribution company, recently experienced a solid gain in its shares over the past 5 days and 12 months. However, the company's most recent fiscal period saw a decline in top and bottom-line performances. This article aims to interpret the implications of these financial results for Enbridge Inc's future prospects.
1. Soft Top and Bottom-Line Results:
In the most recent fiscal period, Enbridge Inc reported a significant decline in earnings per share (EPS) by -58.73% and a decrease in revenue by -14.94% year-on-year. Revenues fell from $11.57 billion to $9.84 billion, while EPS dropped from $0.63 to $0.26. This indicates a challenging period for the company.







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