Tuesday, May 13, 2025
Enbridge tops Q1 profit estimates on record mainline crude volumes- oil and gas 360

Enbridge tops Q1 profit estimates on record mainline crude volumes

(Oil Price) – Canada’s pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America.   The company booked adjusted earnings of US$1.58 billion (C$2.2 billion), or US$0.74 (C$1.03) per common share, for the first quarter, up from US$1.44 billion