Enbridge (NYSE: ENB) reported Q1 EPS of Cdn$0.92, Cdn$0.10 better than the analyst estimate of Cdn$0.82.

FINANCIAL OUTLOOK

The Company reaffirms its 2024 Base Business financial guidance for EBITDA and DCF. Results in the first quarter of 2024 are in line with the Company's expectations. Enbridge continues to anticipate strong asset utilization and operating performance in 2024 with normal course easonality, including Mainline volumes of approximately 3.0 million barrels per day on average for the year.

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