Enbridge Reports Strong Third Quarter 2022 Financial Results and Secures B.C. Pipeline Expansion

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Go back to Enbridge Reports Strong Third Quarter 2022 Financial Results and Secures B.C. Pipeline Expansion

Enbridge (ENB) Tops Q3 EPS by 2c

November 4, 2022 7:03 AM EDT

Enbridge (NYSE: ENB) reported Q3 EPS of Cdn$0.67, Cdn$0.02 better than the analyst estimate of Cdn$0.65.

FINANCIAL OUTLOOK:

The Company reaffirms its 2022 financial guidance, which includes adjusted EBITDA between $15.0 and $15.6 billion and DCF per share between $5.20 to $5.50. Results for the nine months of 2022 are in line with expectations and the Company anticipates that its businesses will continue to experience strong capacity utilization and throughput, and good operating performance... More