Enbridge(ENB)

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Enbridge(ENB) - 2024 Q4 - Annual Report
2025-02-14 12:10
Financial Performance and Metrics - Management uses EBITDA as a key performance measure, providing transparency into Enbridge's performance[21] - Changes in tax rates and new tax legislation could materially affect Enbridge's financial condition and operating results[322] - The company is exposed to credit risk from customers and counterparties, which could adversely affect earnings and cash flows[308] Debt and Capital Access - A significant portion of Enbridge's asset base is financed with debt, and maintaining an investment-grade credit rating is crucial for cost-effective capital access[301] - The company maintains revolving credit facilities to support liquidity, which are subject to financial covenants[302] Commodity Prices and Project Development - Enbridge's Liquids Pipelines growth may be indirectly affected by commodity prices, with low crude oil prices potentially delaying or canceling future projects[304] - The company holds a 13.2% effective economic interest in DCP, which is impacted by commodity price fluctuations[307] Regulatory and Environmental Factors - Regulatory scrutiny and potential changes in environmental laws could increase operating costs and limit future projects[318] - Enbridge's Renewable Power Generation assets in Canada and the US are subject to variable government regulations that can negatively impact revenues[320] - Environmental regulatory approvals are critical for the operation and development of Enbridge's facilities, with potential delays leading to increased costs[315] - There has been an increase in climate-related regulatory action and litigation against companies in the energy industry[324] Legal Proceedings and Risks - The company is involved in numerous legal proceedings, with uncertain outcomes that could adversely affect financial results and reputation[324] - The company cannot predict the outcome of individual legal matters with assurance, indicating a high level of uncertainty[324] - Final resolutions of ongoing legal matters may require additional expenditures beyond established reserves, potentially impacting financial results[324] - The company is subject to various legal proceedings that could lead to adverse financial implications over an extended period[324] - Recent developments in legal proceedings are discussed in the Management's Discussion and Analysis section of the financial report[324]
Enbridge(ENB) - 2024 Q4 - Annual Results
2025-02-14 12:01
NEWS RELEASE Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities CALGARY, AB, February 14, 2025 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX:ENB) (NYSE:ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please r ...
Enbridge Reports Record 2024 Financial Results, Reaffirms 2025 Financial Guidance and Executes on Business Priorities
Prnewswire· 2025-02-14 12:00
CALGARY, AB, Feb. 14, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2024 financial results, reaffirmed its 2025 financial guidance and provided a quarterly business update.Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Full-year GAAP earnings of $5.1 billion or $2.34 per common share, compared with G ...
Prediction: Buying Enbridge Today Will Set You Up for Life
The Motley Fool· 2025-02-14 11:45
If you are trying to set up a portfolio that will provide you with a lifetime of income, you'll want to take a close look at Enbridge (ENB 0.78%). Not only does this giant North American midstream company offer a compelling 6.1% dividend yield, but it is making moves today to ensure that it can continue to grow, even as the world shifts toward cleaner energy sources.Here's why I'm predicting good things for Enbridge and its shareholders in the decades ahead.What does Enbridge do?Enbridge gets lumped in with ...
Enbridge Q4 Earnings on Deck: Should You Buy Now or Wait?
ZACKS· 2025-02-13 15:16
Enbridge Inc (ENB) is set to report fourth-quarter 2024 results on Feb. 14, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 52 cents per share, implying an improvement of 10.6% from the year-ago reported number. Two analysts revised the estimates upward in the past 30 days against one downward movement. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $4.8 billion, s ...
3 High-Yield Dividend Stocks I Can't Wait to Buy to Boost My Passive Income
The Motley Fool· 2025-02-13 09:38
I'm about to get a big cash infusion in my portfolio. Last year, private equity giant Blackstone agreed to buy one of my holdings, Retail Opportunity Investments Corp., in an all-cash deal. That transaction should close soon. As a result of that sale, I'll lose the dividend income that the real estate investment trust (REIT) produced. That's why I plan to quickly redeploy that cash across several other income-generating investments. Among the dividend stocks I can't wait to buy are Vici Properties (VICI -0. ...
Trade War Turbulence: 2 Blue-Chip Bargains To Beat The Potential Coming Market Tumble
Seeking Alpha· 2025-02-12 12:00
Click here for a two-week free trial , so we can help you achieve better long-term total returns and your financial dreams.Since the Trade War began on Friday, Jan. 30 (the announcement of tariffs), the S&P has been flat, the Nasdaq has been up 1%, and the Mag 7 is downHe is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of ana ...
Enbridge: Well-Rounded To Maintain Stellar Dividend Yield
Seeking Alpha· 2025-02-08 16:00
My bullish Enbridge (NYSE: ENB ) call of November 19 feels good as the stock performs approximately in line with the growing broader equity market. Recent developments have reinforced bullish thesis, and the stock remains attractively valued, according toAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and act ...
Enbridge (ENB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-07 16:00
The market expects Enbridge (ENB) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2025, might help the stock move higher if these key numbers are ...
Enbridge (ENB) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-02-05 23:51
Company Performance - Enbridge closed at $43.93, reflecting a +0.48% change from the previous day, outperforming the S&P 500's gain of 0.39% [1] - Over the last month, Enbridge's shares increased by 0.18%, lagging behind the Oils-Energy sector's gain of 1.79% and the S&P 500's gain of 1.7% [1] Upcoming Earnings - Enbridge is set to release its earnings on February 14, 2025, with projected EPS of $0.52, indicating a 10.64% increase year-over-year [2] - Revenue for the upcoming quarter is estimated at $4.78 billion, reflecting a 42.87% decline compared to the same quarter last year [2] Analyst Estimates - Changes in analyst estimates for Enbridge are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] - The Zacks Consensus EPS estimate has decreased by 1.04% over the last 30 days, and Enbridge currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Enbridge has a Forward P/E ratio of 20.33, which is a premium compared to the industry's average Forward P/E of 15.4 [6] - The company has a PEG ratio of 4.07, significantly higher than the industry average PEG ratio of 2.87 [6] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, ranks 170 in the Zacks Industry Rank, placing it in the bottom 33% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating the competitive landscape within the industry [7]