Enbridge (ENB) Reports Q1 EPS of C0.83

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Go back to Enbridge (ENB) Reports Q1 EPS of C0.83

Enbridge Reports Strong First Quarter 2020 Results; Re-affirms Outlook

May 7, 2020 7:01 AM EDT

CALGARY, May 7, 2020 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported first quarter 2020 financial results and provided a quarterly business update.

First Quarter 2020 Highlights(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

First quarter GAAP loss of $1,429 million or $0.71 loss per common share, compared to GAAP earnings of $1,891 million or $0.94 per common share in 2019, impacted by certain unusual and infrequent factors, including a non-cash impairment of the Company's investment in DCP Midstream of $1,736... More