| Market Capitalization (Millions $) |
109,597 |
| Shares
Outstanding (Millions) |
2,188 |
| Employees |
14,800 |
| Revenues (TTM) (Millions $) |
52,058 |
| Net Income (TTM) (Millions $) |
5,318 |
| Cash Flow (TTM) (Millions $) |
-270 |
| Capital Exp. (TTM) (Millions $) |
7,581 |
Business Description
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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12.78 %