Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
 
See Regulatory Filings on SEDAR
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
Albert Monaco
President, Chief Executive Officer, Director
Vernon D. Yu
Chief Financial Officer, Executive Vice President
Colin Kenneth Gruending
Executive Vice President, President - Liquids Pipelines
Cynthia L. Hansen
Executive Vice President and President, Gas Transmission and Midstream
Robert R. Rooney
Executive Vice President, Chief Legal Officer
 
Business Overview
Enbridge Inc. is an energy transportation and distribution company. Its segments include Liquids Pipelines; Gas Transmission and Midstream; Gas Distribution and Storage; Renewable Power Generation; and Energy Service. Liquids Pipelines consists of pipelines and terminals that transport 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, including United States Gas Transmission, Canadian Gas Transmission, United States Midstream and other assets. Gas Distribution and Storage consists of its natural gas utility operations. Renewable Power Generation consists of investments in wind and solar assets, as well as geothermal, waste heat recovery, and transmission assets. Energy Services provides physical commodity marketing and logistical services to North American refiners, producers, and other customers.
Financial Overview
For the six months ended 30 June 2022, Enbridge Inc revenues increased 23% to C$28.31B. Net income applicable to common stockholders decreased 28% to C$2.38B. Revenues reflect Energy Services segment increase of 29% to C$16.48B, Gas Distribution segment increase of 28% to C$3.55B. Net income was offset by Operating and administrative - Balancing increase of 27% to C$3.88B (expense).
Employees: 10,900 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $193,323M as of Jun 30, 2022
Annual revenue (TTM): $52,298M as of Jun 30, 2022
EBITDA (TTM): $11,744M as of Jun 30, 2022
Net annual income (TTM): $4,899M as of Jun 30, 2022
Free cash flow (TTM): -$3,894M as of Jun 30, 2022
Net Debt Last Fiscal Year: $77,768M as of Jun 30, 2022
Shares outstanding: 2,024,789,365 as of Jul 22, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization