Enbridge Inc T.ENB

Alternate Symbol(s): ENB | T.ENB.PF.A | T.ENB.PF.C | T.ENB.PF.E | ENBOF | ENBFF | T.ENB.PF.G | EBBNF | T.ENB.PF.U | T.ENB.PF.V | EBGEF | T.ENB.PR.A | ENBGF | T.ENB.PR.B | EBRGF | T.ENB.PR.D | EBRZF | T.ENB.PR.F | T.ENB.PR.H | ENBHF | T.ENB.PR.J | ENBRF | T.ENB.PR.N | ENNPF | ENBMF | T.ENB.PR.P | T.ENB.PR.T | T.ENB.PR.V | EBBGF | ENBNF | T.ENB.PR.Y | T.ENB.PF.K | T.ENB.PR.G | T.ENB.PR.I | T.ENB.PR.Z

Energy Oil & Gas Midstream

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.

TSX:ENB - Post by User

Enbridge Inc > 2022 Q2 Earning per share C$0.22 vs C$0.69 2021 Q2

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Comment by Quintessential1on Jul 29, 2022 8:12am

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Post# 34859436

RE:2022 Q2 Earning per share C$0.22 vs C$0.69 2021 Q2

Adjusted EPS in Q2 of 2022 $.67 per share is identical to Q2 of 2021 at $.67 per share.

Most of these companies are rated on their DCF which as you mentioned increased and insures a safe and sustainable dividend,

EBITDA also increased in Q2 2022 by $400 M compared to Q2 2021

If pre-market is any kind of indicator the market has already reacted favourably as it is up.

I am guessing ENB will continue its run up towards $59 ish resistance and ex-div day.

Will it break $60 this time? At a safe and solid 6% yield from here, who cares?

Go Enbridge! ;-)

ckwong wrote:
A drop of C$0.47 on earning per share. The drop is significant. However, distributable cash flow improves by 12 cents. $2.7 billion or $1.36 per common share ^* , compared with $2.5 billion or $1.24 per common share ^* in 2021.

It will be interesting to see how the market reacts.