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Enbridge (ENB) Tops Q4 EPS by 1c; offers outlook

February 14, 2025 7:02 AM

Enbridge (NYSE: ENB) reported Q4 EPS of Cdn$0.75, Cdn$0.01 better than the analyst estimate of Cdn$0.74.

FINANCIAL OUTLOOK

The Company reaffirms its 2025 financial guidance for adjusted EBITDA between $19.4 billion and $20.0 billion and DCF per share between $5.50 and $5.90.

Enbridge expects annualized contributions from the Acquisitions, projects placed into service and acquired during 2024, and the Texas Eastern Transmission, LP (TETLP) rate settlement to drive the majority of growth in 2025.

Enbridge increased its 2025 quarterly dividend by 3.0% to $0.9425 ($3.77 annualized) per share, commencing with the dividend payable on March 1, 2025 to shareholders of record on February 14, 2025.

The Company also reaffirms its 2023 to 2026 near-term growth outlook of 7-9% for adjusted EBITDA growth, 4-6% for adjusted earnings per share (EPS) growth and approximately 3% for DCF per share growth.

For earnings history and earnings-related data on Enbridge (ENB) click here.

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Earnings

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