Enbridge backs FY25 adjusted EBITDA view C$19.4B-C$20B

The company reaffirms its 2025 financial guidance for adjusted EBITDA between C$19.4B-C$20b and DCF per share between C$5.50-C$5.90. The company also reaffirms its financial outlook presented at its Investor Day on March 4, 2025; 2023 to 2026 near-term growth of 7-9% for adjusted EBITDA, 4-6% for adjusted earnings per share and approximately 3% for DCF per share; and Post 2026; adjusted EBITDA, EPS and DCF per share are all expected to grow by approximately 5% annually.