Enbridge (ENB) Misses Q4 EPS by 4c

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Go back to Enbridge (ENB) Misses Q4 EPS by 4c

Enbridge Reports First Quarter Adjusted Earnings of $468 Million or $0.56 Per Common Share

May 6, 2015 7:01 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/06/15 -- HIGHLIGHTS

(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

-- First quarter loss was $383 million, including the impact of net unrealized non-cash mark-to-market losses -- First quarter adjusted earnings were $468 million or $0.56 per common share -- Expansion of the Canadian Mainline system between Edmonton and Hardisty placed into service in April -- Enbridge delivered a formal proposal to transfer the majority of its Canadian Liquids Pipelines business and certain renewable energy assets to Enbridge Income Fund -- Enbridge announced a plan to optimize previously announced expansions of... More