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Enbridge Inc (ENB.N)

ENB.N on New York Stock Exchange

39.13USD
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Spectra Energy says CFIUS concludes review of combination of co and Enbridge
Wednesday, 21 Dec 2016 11:52am EST 

Spectra Energy Corp : Spectra Energy - Notice from CFIUS, has concluded review of combination of company and Enbridge - SEC filing .Spectra Energy - Determined there are no unresolved national security concerns with respect to proposed combination with Enbridge - SEC filing.  Full Article

Enbridge shareholders approved required resolutions in connection with Spectra deal
Thursday, 15 Dec 2016 05:20pm EST 

Enbridge Inc : Enbridge - co's shareholders overwhelmingly approved required resolutions in connection with merger transaction between co and Spectra Energy Corp .Enbridge- Of common shares of Enbridge voted, 99.42% of Enbridge shares voted in favour of issuance of Enbridge shares as consideration for transaction.  Full Article

Spectra Energy stockholders overwhelmingly approve merger with Enbridge
Thursday, 15 Dec 2016 05:19pm EST 

Spectra Energy Corp : Co, Enbridge expect to complete the merger in the first quarter of 2017 . Spectra Energy - approximately 73 percent of total outstanding shares of Spectra energy common stock were voted in favor of transaction .Spectra Energy stockholders overwhelmingly approve merger with Enbridge.  Full Article

Enbridge increases size of preferred share offering
Tuesday, 15 Nov 2016 02:08pm EST 

Enbridge Inc : Aggregate gross proceeds of offering will be $750 million . Says size of offering has been increased to 30 million from 20 million .Enbridge increases size of preferred share offering.  Full Article

Enbridge announces $500 million preferred share offering
Tuesday, 15 Nov 2016 09:17am EST 

Enbridge Inc : Enbridge Inc - To sell 20 million cumulative redeemable minimum rate reset preference shares, series 17 at a price of $25.00 per share . Enbridge Inc says proceeds are expected to be used to partially fund capital projects, to reduce existing indebtedness .Enbridge announces $500 million preferred share offering.  Full Article

Enbridge Energy Partners declares distribution and reports earnings for Q3
Monday, 31 Oct 2016 06:00am EDT 

Enbridge Energy Partners Lp : Qtrly adjusted net income per unit $ 0.09 . Qtrly net loss per unit $1.31 . Enbridge energy-on track to achieve near top-end FY adjusted ebitda and distributable cash flow guidance of $1.8 - $1.9 billion and $860 - $920 million, respectively . Qtrly operating revenues $1,120.6 million versus $1,267.7 million .Enbridge Energy Partners, L.P. declares distribution and reports earnings for third quarter 2016.  Full Article

Enbridge inc. Announces $1.075-billion sale of South Prairie region assets
Thursday, 29 Sep 2016 05:15pm EDT 

Enbridge Inc : Enbridge Inc says closing of transaction is expected to occur around end of Q4 of 2016 . Transaction is accretive to Fund Group's available cash flow from operations on a per unit basis . Assets divested on thursday do not include bakken expansion pipeline . An affiliate of Enbridge income fund entered into an agreement for sale of fund's liquids pipelines assets in south prairie region to tundra energy marketing . Assets do not include Bakken expansion pipeline . Announces $1.075 Billion sale of South Prairie region assets . As part of purchase and sale agreement, shipper commercial arrangements and contracts are expected to remain in place . Assets being sold are liquids pipelines and related facilities in Southeast Saskatchewan and Southwest Manitoba . Expected that crude oil and NGL volumes delivered from assets will continue to flow onto enbridge mainline at Cromer .As part of purchase and sale agreement, shipper commercial arrangements and contracts are expected to remain in place.  Full Article

Moody's affirms Enbridge on Spectra announcement
Tuesday, 6 Sep 2016 04:37pm EDT 

Moody's : Moody's affirms Enbridge and subsidiaries on spectra announcement; outlooks remain negative .Maintaining a negative rating outlook for enbridge until company executes transaction, large capital program in 2017 and deleveraging plans.  Full Article

S&P affirms Enbridge Inc., Enbridge Pipelines Inc. ratings at 'BBB+' on announced merger with Spectra Energy Corp
Tuesday, 6 Sep 2016 02:22pm EDT 

S&P Global Ratings:Enbridge Inc., Enbridge Pipelines Inc. ratings affirmed at 'BBB+' on announced merger with Spectra Energy Corp..  Full Article

Moody's affirms Spectra Energy ratings, stable outlook
Tuesday, 6 Sep 2016 02:01pm EDT 

Moody's:Moody's affirms Spectra Energy ratings, stable outlook.  Full Article

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Enbridge's Line 3 to cost more, profit lower-than-expected

Regulatory delays and route modifications will increase the cost of Enbridge Inc's , Line 3 pipeline replacement project, the company said on Thursday, as it reported a lower-than-expected quarterly profit.