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Enbridge Inc. (T:ENB)

Business Focus: Oil & Gas Transportation Services (NEC)

This company is also listed in the United States as ENB on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Energy Industry:  Oil & Gas Transportation Services
 
Company Contact
Address: Suite 200, 425 - 1 Street S.W.
CALGARY AB T2P 3L8
Tel: 1-800-4812804
Website: https://www.enbridge.com
IR: See website
Key People
Gregory L. Ebel
President, Chief Executive Officer, Director
Patrick Robert Murray
Chief Financial Officer, Executive Vice President
Matthew Allan Akman
Executive Vice President - Corporate Strategy & President - Power
Colin Kenneth Gruending
Executive Vice President, President - Liquids Pipelines
Cynthia L. Hansen
Executive Vice President, President - Gas Transmission and Midstream
 
Business Overview
Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and other liquid hydrocarbons. Gas Transmission and Midstream consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and the United States. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing, logistics services, and energy marketing services. The Company owns Aitken Creek Gas Storage facility and Aitken Creek North Gas Storage facility.
Financial Overview
For the fiscal year ended 31 December 2023, Enbridge Inc revenues decreased 18% to C$43.65B. Net income applicable to common stockholders increased from C$2.59B to C$5.84B. Revenues reflect Energy Services segment decrease of 35% to C$18.99B, Gas Distribution segment decrease of 11% to C$5.98B, United States segment decrease of 23% to C$19.87B, Canada segment decrease of 14% to C$23.78B.
Employees: 11,500 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $184,080M as of Dec 31, 2023
Annual revenue (TTM): $43,649M as of Dec 31, 2023
EBITDA (TTM): $13,516M as of Dec 31, 2023
Net annual income (TTM): $5,839M as of Dec 31, 2023
Free cash flow (TTM): $1,697M as of Dec 31, 2023
Net Debt Last Fiscal Year: $75,298M as of Dec 31, 2023
Shares outstanding: 2,125,586,366 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization