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United States

Enbridge Inc (ENB.N)

ENB.N on New York Stock Exchange

41.13USD
29 Jul 2016
Change (% chg)

$2.04 (+5.22%)
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$39.09
Open
$39.10
Day's High
$41.19
Day's Low
$38.97
Volume
552,892
Avg. Vol
326,641
52-wk High
$44.65
52-wk Low
$27.43

Latest Key Developments (Source: Significant Developments)

Enbridge qtrly adjusted earnings per share $0.50
Friday, 29 Jul 2016 07:00am EDT 

Enbridge Inc : Enbridge inc says impact of reduced system deliveries on revenues negatively impacted company's adjusted ebit and acffo per share in q2 . Enbridge inc says oil sands production substantially came back on line by end of june . Throughput on enbridge's liquids mainline system and overall system utilization are expected to return to levels anticipated at outset of year, during q3 . Throughput on co's liquids mainline system,overall system utilization expected to return to levels anticipated at outset of year, during q3 . Expected that adjusted ebit and acffo per share for full 2016 year will remain well within previously communicated guidance ranges . Q2 earnings per share view c$0.50 -- Thomson Reuters I/B/E/S . Enbridge inc. Reports second quarter 2016 results . Qtrly earnings per share $0.33 . Qtrly adjusted earnings per share $0.50 . "oil sands production substantially came back on line by end of june" . Notwithstanding impact of wildfires, expected that adjusted ebit and acffo per share for 2016 will remain within previously communicated guidance ranges . Enbridge inc says on average, deliveries were lower by approximately 255,000 barrels per day (bpd) during months of may and june .All figures in c$.  Full Article

Enbridge Energy Partners reports Q2 EPS of $0.08
Thursday, 28 Jul 2016 04:00pm EDT 

Enbridge Energy Partners LP : "Oil sands production that was curtailed for northeastern alberta wildfires has substantially come back on line" . Enbridge Energy Partners qtrly operating revenue $ 1,048.9 million versus $1,313.1 million; qtrly earnings per unit $0.08 .Enbridge Energy Partners declares distribution and reports earnings for second quarter 2016.  Full Article

Enbridge Energy Partners settles with U.S. DOJ and U.S. EPA on Marshall and Romeoville incidents
Wednesday, 20 Jul 2016 11:26am EDT 

Enbridge Energy Partners Lp : Enbridge Energy Partners L.P. settles with U.S. Department Of Justice and U.S. Environmental Protection Agency on Marshall and Romeoville incidents ."We accept civil penalties and enhanced safety measures in decree".  Full Article

National Energy Board suspends review of Northern Gateway Sunset clause extension request
Friday, 8 Jul 2016 04:30pm EDT 

National Energy Board: Will also suspend review of any filings from northern gateway regarding compliance with 209 conditions attached to project .National Energy Board says suspends review of northern gateway sunset clause extension request.  Full Article

Enbridge says it remains "fully committed" to Northern Gateway
Thursday, 30 Jun 2016 02:48pm EDT 

Enbridge Inc :Enbridge says it remains "fully committed" to building Northern Gateway pipeline, working with partners to determine next steps.  Full Article

Canadian wildfires to cut oil output by 400,000 bpd in June - EIA
Wednesday, 8 Jun 2016 12:36pm EDT 

The Canadian wildfires will cut production by an average of 400,000 barrels per day (bpd) in June, the U.S. Energy Information Administration said on Wednesday. : The disruptions to oil production averaged about 800,000 bpd in May, with a daily peak of more than 1.1 million bpd, EIA said. . Fort McMurray, Alberta, an oil production hub with a population of 90,000 people, was evacuated in early May as an uncontrolled wildfire ripped through some neighborhoods, destroying about 10 percent of the city's homes. [nL1N18Z1C5] . "While evacuees from the ongoing fires in Fort McMurray have begun to return to the city, a state of emergency remains in place throughout Alberta, Canada, and the temporary shutdown of the area's oil sands production sites continues," EIA said. . To read the full report, click on: ((http://1.usa.gov/1UErB5n)) (Reporting By Jarrett Renshaw) ((jarrett.renshaw@thomsonreuters.com;)(646)(223-6193;)).  Full Article

Canadian regulator recommends conditional approval of Kinder Morgan pipeline
Thursday, 19 May 2016 04:23pm EDT 

National Energy Board: Neb report recommends conditional approval of trans mountain expansion project .Board found that benefits of project would outweigh residual burdens.  Full Article

Canada fire evacuees to get re-entry timeline Wednesday
Wednesday, 18 May 2016 02:54pm EDT 

: Alberta says conditional timeline for re-entry of residents to fire-struck Fort McMurray will be announced on Wednesday For main story: [nL2N18F0EV] (Reporting By Allison Martell) ((Allison.Martell@thomsonreuters.com;)).  Full Article

Canada Energy Minister: will have talks with energy companies soon
Tuesday, 17 May 2016 03:45pm EDT 

: Canada energy minister says will have talks soon with energy companies about impact of spreading Alberta fire Further company coverage: [nL2N18E0M9 ] (Reporting by Ottawa bureau) ((leah.schnurr@thomsonreuters.com;)).  Full Article

Canada wildfire outages could impact Mainline volumes-Enbridge CEO
Thursday, 12 May 2016 04:01pm EDT 

Enbridge Inc : Canada wildfire outages could have impact on Mainline volumes, should not be significant if restarts go as planned (Reporting by Nia Williams in Calgary) ((julie.gordon@reuters.com;)).  Full Article

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Enbridge profit misses slightly, hurt by Fort McMurray wildfire

CALGARY, Alberta Enbridge Inc , Canada's largest pipeline company, reported a slightly lower-than-expected quarterly profit on Friday as its liquids pipeline business was hit by a massive wildfire in Fort McMurray, Alberta.