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Enbridge Achieves Record 2024 Financial Results and Strategic Milestones

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Enbridge Achieves Record 2024 Financial Results and Strategic Milestones

Enbridge ( (TSE:ENB) ) just unveiled an update.

Enbridge reported record financial results for 2024, with full-year GAAP earnings of $5.1 billion and adjusted earnings of $6.0 billion. The company achieved its financial guidance for the 19th consecutive year, underscoring its operational stability. Enbridge also announced several strategic moves, including settlements with customers and a sale of minority interests, as well as new projects worth $8 billion, to enhance its service capabilities and shareholder value.

More about Enbridge

Enbridge Inc. is a leading energy infrastructure company, primarily engaged in the transportation and distribution of crude oil, natural gas, and renewable energy. It operates in North America with a focus on providing reliable energy delivery solutions.

YTD Price Performance: 5.75%

Average Trading Volume: 4,063,360

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $99.19B

For an in-depth examination of ENB stock, go to TipRanks’ Stock Analysis page.

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