Enbridge

Union Gas is a major Canadian natural gas company based in Ontario. Its distribution arm services approximately 1.5 million customers in northern, southwestern and eastern Ontario. Union Gas has been a subsidiary of Enbridge since February 2017, when former parent Spectra Energy merged into Enbridge.

Union Gas

Enbridge, Inc. engages in the provision of gas and oil. It operates through the following segments: Liquid Pipelines, Gas Distribution and Storage, Gas Transmission and Midstream, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment consists of common carrier and contract crude oil, natural gas liquids and refined products pipelines and terminals in Canada and the U.S., including Canadian Mainline, Regional Oil Sands System, Southern Lights Pipeline, Spearhead Pipeline, Seaway Crude Pipeline interest, and other feeder pipelines. The Gas Distribution & Storage segment consists of natural gas utility operations, the core of which is Enbridge gas, which serves residential, commercial and industrial customers. It also includes natural gas distribution activities in Quebec and an investment in Noverco, which holds a majority interest in a subsidiary entity engaged in distribution and energy transportation primarily in Quebec. The Gas Transmission & Midstream segment consists of investments in natural gas pipelines, processing and green energy projects, the company's commodity marketing businesses, and international activities. The Renewable Power Generation segment consists primarily of investments in wind and solar power generating assets, as well as geothermal, waste heat recovery, and transmission assets. The Energy Services segment consists of businesses in Canada and the United States including logistical services, refinery supply services and the firm's volume commitments on various pipeline systems. The company was founded on April 30, 1949 and is headquartered in Calgary, Canada.

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Enbridge (ENB) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago.

Enbridge (ENB) Tops Q1 Earnings Estimates

Pipeline operator Enbridge beat market estimates for first-quarter profit on Friday, as demand remained strong amid an uptick in oil production across North America.

Enbridge beats first-quarter profit estimates

CALGARY, AB , May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2024 financial results, reaffirmed its 2024 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted.

Enbridge Reports Record First Quarter 2024 Financial Results, Reaffirms Financial Guidance and Advances Strategic Priorities

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Company outlines progress across environment, social and governance priorities CALGARY, AB , May 10, 2024 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today published its 2023 Sustainability Report. This report provides an overview of the Company's strategy and approach on sustainability, and details progress towards achieving its environment, social and governance goals.

Enbridge Publishes 23rd Annual Sustainability Report

Enbridge (ENB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Enbridge (ENB)

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CALGARY, AB , May 8, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Management Information Circular dated March 5, 2024.

Enbridge Inc. Announces Election of Directors

Despite having a stable business model, Enbridge is not cheap now on a relative basis. Hence, it's advisable for investors to be cautious prior to the company's Q1 earnings announcement.

Here's Why You Should Watch Enbridge (ENB) Ahead of Q1 Earnings

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Enbridge (ENB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Enbridge (ENB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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10 Sleep-Well-At-Night Dividend Aristocrats Perfect For Whatever's Coming Next

CALGARY, AB , May 2, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series R (Series R Shares) (TSX: ENB.PR.T) on June 3, 2024. As a result, subject to certain conditions, the holders of the Series R Shares have the right to convert all or part of their Series R Shares on a one-for-one basis into Cumulative Redeemable Preference Shares, Series S of Enbridge (Series S Shares) on June 3, 2024.

Enbridge Provides Notice of Series R Preferred Shares Conversion Right and Announces Reset Dividend Rates

Canadian energy company Enbridge has retained a joint venture partnership between Barnard Construction Company, Inc. and Civil and Building North America, Inc (CBNA). to construct the Great Lakes Tunnel in the Straits of Mackinac, the company said in a statement on Tuesday.

Enbridge selects contractors for its Great Lakes Tunnel Project

Enbridge (ENB) closed at $35.96 in the latest trading session, marking a +0.39% move from the prior day.

Enbridge (ENB) Rises Higher Than Market: Key Facts

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