Enbridge Inc. Reports Strong Fourth Quarter & Full Year 2019 Results

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Enbridge (ENB) Tops Q4 EPS by 17c

February 14, 2020 7:02 AM EST

Enbridge (NYSE: ENB) reported Q4 EPS of $0.61, $0.17 better than the analyst estimate of $0.44.

"2019 was a successful year for Enbridge", commented Al Monaco, President and Chief Executive Officer of Enbridge. "Our low risk pipeline-utility model continued to deliver strong financial results and we advanced our strategic priorities on many fronts.

"Each of our core businesses delivered solid results in 2019 that translated into full-year DCF per share at the top-end of our guidance range. The Liquids Mainline System achieved record annual throughput, our gas pipelines were highly utilized, and we're capturing synergies through the... More