Enbridge Reports Strong 2020 Financial Results

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Enbridge (ENB) Reports Q4 EPS of Cdn$0.56

February 12, 2021 7:03 AM EST

Enbridge (NYSE: ENB) reported Q4 EPS of Cdn$0.56, versus Cdn$0.61 reported last year.

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

Full year GAAP earnings of $3.0 billion or $1.48 per common share, compared with GAAP earnings of $5.3 billion or $2.64 per common share in 2019, all of which amounts include non-recurring and unrealized itemsAdjusted earnings of $4.9 billion or $2.42 per common share, compared with $5.3 billion or $2.65 per common share in 2019Adjusted earnings before interest, income tax and depreciation and amortization (EBITDA) of $13.3 billion, compared with $13.3 billion in 2019Cash Provided by... More