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United States

Enbridge Inc (ENB.N)

ENB.N on New York Stock Exchange

38.34USD
8 Dec 2017
Change (% chg)

$-0.11 (-0.29%)
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Latest Key Developments (Source: Significant Developments)

Enbridge announces additional quarterly dividend increase
Thursday, 4 May 2017 05:15pm EDT 

May 4 (Reuters) - Enbridge Inc ::Enbridge Inc announces additional quarterly dividend increase.  Full Article

Enbridge announces additional quarterly dividend increase
Thursday, 4 May 2017 05:15pm EDT 

May 4 (Reuters) - Enbridge Inc ::Enbridge Inc announces additional quarterly dividend increase.Increases quarterly dividend by 5 percent.Enbridge Inc - directors has declared a quarterly common share dividend of $0.61 per share.  Full Article

Enbridge Inc announces conclusion and outcomes of Enbridge Energy Partners L.P. strategic review
Friday, 28 Apr 2017 07:00am EDT 

April 28 (Reuters) - Enbridge Inc :Enbridge Inc announces conclusion and outcomes of Enbridge Energy Partners L.P. strategic review.Enbridge - board of Enbridge Energy Partners designate manager announced reduction in EEP's quarterly distribution from US$0.583 to US$0.350 per unit.  Full Article

Enbridge Energy Partners announces conclusion of strategic review
Friday, 28 Apr 2017 07:00am EDT 

April 28 (Reuters) - Enbridge Energy Partners Lp ::Enbridge Energy Partners, L.P. Announces conclusion of strategic review and declares distribution for first quarter 2017.Enbridge Energy Partners - will sell all its interests in midcoast gas gathering and processing business to Enbridge Energy Co for $2.15 billion.Enbridge Energy Partners - sale proceeds will help permanently fund investment in Bakken pipeline system and provide cash proceeds to repay debt.Announced termination of its accounts receivable sales agreement with enbridge.No further restructuring actions are contemplated.Enbridge Energy Partners - assuming actions gone into effect on Jan 1, expected 2017 adjusted ebitda and distributable cash flow of $1,580 - $1,680 million and $700 - $750 million.  Full Article

Enbridge and Spectra Energy report completion of merger
Monday, 27 Feb 2017 08:31am EST 

Enbridge Inc :Enbridge and Spectra Energy complete merger.  Full Article

Enbridge Q4 adjusted EPS 56 Canadian cents
Friday, 17 Feb 2017 07:00am EST 

Enbridge Inc : Enbridge Inc - adjusted earnings were $522 million or $0.56 per common share for q4 . Enbridge Inc. Reports fourth quarter 2016 results . Q4 adjusted earnings per share c$0.56 . Q4 earnings per share c$0.39 . Q4 earnings per share view c$0.58 -- Thomson Reuters I/B/E/S . Enbridge Inc - qtrly revenue $9.34 billion versus $8.91 billion .Q4 revenue view c$9.31 billion -- Thomson Reuters I/B/E/S.  Full Article

Enbridge Partners with EnBW on 497-MW German offshore wind project
Friday, 17 Feb 2017 05:00am EST 

Enbridge Inc : Enbridge - Company to participate in construction,operation of project. Once in service in late 2019, company's total investment in project to be $1.7 billion . Enbridge - Has acquired an effective 50 percent ownership in 497-megawatt (MW) Hohe See offshore wind project from EnBW, who will retain the interest . Says project is expected to be strongly accretive in first full year of operations . Says equity financing needs for full $1.7-billion investment have been pre-funded through financing actions completed in Q4 of 2016 .Enbridge Inc - Enbridge's investment in 2017 will be $0.6 billion (eur0.44 billion) with remaining capital to be invested through to in-service date in 2019.  Full Article

Enbridge qtrly adjusted net income per unit $0.14
Thursday, 16 Feb 2017 04:00pm EST 

Enbridge Energy Partners Lp : Enbridge energy partners, l.p. Reports earnings for fourth quarter 2016 . Qtrly adjusted net income per unit of $0.14 . Enbridge energy partners lp - qtrly earnings per common unit $0.08 .Qtrly operating revenues $1,250.8 million versus $1,136.7 million.  Full Article

Enbridge Energy Partners expects 2017 adj. EBITDA to be $1.7 - $1.8 bln
Friday, 27 Jan 2017 06:01am EST 

Enbridge Energy Partners Lp : Enbridge Energy Partners, L.P. declares distribution for fourth quarter 2016; announces 2017 financial outlook and strategic review update . Enbridge Energy Partners - expects to meet 2016 adjusted EBITDA and distributable cash flow guidance of $1.8 - $1.9 billion and $860 - $920 million respectively . Enbridge Energy Partners LP - expects 2017 adjusted EBITDA and DCF to be $1.7 - $1.8 billion and $750 - $800 million, respectively . Enbridge Energy Partners - to sign joint funding agreement with Enbridge Energy Co, a unit of Enbridge Inc, for U.S. portion of Line 3 Replacement program . Enbridge Energy Partners LP - EECI will fund 99 percent and EEP will fund 1 percent of capital cost of U.S. L3R program . Enbridge Energy Partners LP - EECI will pay EEP approximately $450 million for its 99 percent interest in project . Enbridge Energy Partners - expects to use funds received from L3R joint funding agreement to exercise option under eastern access joint funding agreement .Enbridge Energy Partners - option under eastern access joint funding agreement is to acquire an additional 15 percent interest in eastern access project.  Full Article

Midcoast Energy says Enbridge Energy to buy all of co's outstanding units
Friday, 27 Jan 2017 06:01am EST 

Midcoast Energy Partners LP : Midcoast Energy Partners L.P. declares distribution for fourth quarter 2016; announces agreement for affiliate to acquire all publicly held common units . Midcoast Energy Partners LP - deal for US$170.2 million. . Midcoast Energy Partners LP - EECI will acquire, for cash, all of outstanding publicly held common units of MEP at a price of US$8.00 per common unit . Midcoast Energy - upon conversion of subordinated units owned by EEP, EEP will own approximately 52 percent of MEP's then outstanding common units . Midcoast Energy Partners LP - board of general partner of MEP, unanimously approved merger agreement .Midcoast Energy Partners LP - board of directors of its general partner declared a quarterly cash distribution of $0.3575 per unit.  Full Article

Enbridge halts Great Lakes Line 5 pipeline due to bad weather

CALGARY, Alberta Enbridge Inc temporarily shut down its Line 5 oil pipeline across the Straits of Mackinac in North America's Great Lakes on Tuesday, due to high winds and nine-foot (3 meter) high waves, according to the Michigan Agency for Energy (MAE).