September 16, 2018 - KEG.UN
The Keg Royalties Income Fund - Q2-2018 Earnings .....
September 15, 2018 - BPF.UN
Boston Pizza Royalties Income Fund -Q2-2018 Earnings Update .....
September 14, 2018 - SPB
Superior Plus Corp - Q2-2018 Earnings & Price Target Update .....
September 13, 2018 - TRP
TransCanada Corp. Q2-2018 Earnings Update .....
September 12, 2018 - HR.UN
H&R REIT Q2-2018 Earnings Update .....
September 9, 2018 - FTS
Fortis Inc. Q2-2018 Earnings - Price Target Update .....
September 8, 2018 - EMA
Emera Inc. Q2-2018 Earnings & Price Target Update .....
September 7, 2018 - WIR.U
WPT Industrial REIT - Q2-2018 Earnings & Price Target Update .....
Recommendation Changes
AX.UN, DIR.UN, EXE, DR, INE, more...

Enbridge Inc. Q1-2018 Earnings & Price Trend Update

This is only a sample of the article, please login to view the entire article

Enbridge Inc. (TSX, NYSE:ENB) is Canadian based energy infrastructure company with assets of $163.5B at Mar-31-2018 compared to $86B as of Dec-31-2016. The increase in assets resulted mainly from the acquisition of Spectra Energy in Jul-2017, $12B from capital development spending completed for 2017 7B in 2018 of which $3B was completed in Q1-2018. For 2019, $13B of assets is forecast to be completed including $9B for the Canadian and US Line 3 replacement program. The acquisition of Spectra Energy Inc. transformed Enbridge from an oil pipeline focused company into natural gas transportation and distribution. They operate in five business segments: oil pipelines contributing 50% of revenues; natural gas pipelines -30%; natural gas utilities; 15%; power and transmission-5%. Enbridge delivers an average of 2.8M barrels of crude oil each day through its Mainline and Express Pipeline; representing 65% of U.S.-bound Canadian crude oil exports.

The financial results for Enbridge Energy Inc.(ENB) include Spectra Energy(SEP-NYSE) comprising 25% of AFFO, Enbridge Energy Partners(EEP-NYSE) – 12% of AFFO, Enbridge Income Fund Holdings(ENF-TSX) – 38% with the balance coming directly from Enbridge Inc. (ENB).

Asset Disposition Program

You must be a member to view the entire article, please subscribe or login

New Issues & Acquisition
September 14, 2018
New! Coverage Universe - Weekly Price Changes Sept 7-14, 2018
September 7, 2018
Coverage Universe - Weekly Price Changes Sept 1-7, 2018
September 6, 2018
Aecon Group Inc. - New Convertible Debenture
September 6, 2018
Bank of Montreal 4.85% Rate Reset Preferred Shares New Issue
September 5, 2018
Brookfield Infrastructure Partners LP - 5.1% Minimum Rate Preferred Units New Issue
September 4, 2018
TD Bank 4.75% Rate Reset Preferred Share New Issue
August 31, 2018
Coverage Universe - Weekly Price Changes Aug 24-31, 2018
August 24, 2018
Coverage Universe - Weekly Price Changes Aug 17-24, 2018