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Enbridge Inc (ENB)
NYSE:ENB
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.66Last Year’s EPS
0.65Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 14, 2025
|% Change Since: -6.27%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record financial results and strategic acquisitions. Enbridge shows robust growth across its business units, bolstered by increased dividends and successful capital recycling. Despite minor delays in regulatory approvals and potential tariff concerns, the overall sentiment remains positive, driven by significant achievements and a strong outlook.Company Guidance
During the Enbridge Inc. Fourth Quarter 2024 Financial Results Conference Call, Greg Ebel, President and CEO, highlighted several key metrics and achievements for the year. The company delivered record EBITDA and DCF per share, with a 13% increase in EBITDA over 2023. Enbridge raised its dividend for the 30th consecutive year and achieved a 37% total shareholder return. They closed acquisitions of three U.S. natural gas utilities, becoming North America's largest gas utility franchise, and announced strategic tuck-in acquisitions in the Permian and Gulf Coast regions. Enbridge added over $8 billion in organic projects to its backlog, with a focus on diversifying investments across its business units. The company maintained its leverage target of 4.5 to 5 times and reaffirmed its commitment to equity self-funding $8 to $9 billion in growth projects annually. The call emphasized Enbridge's stable business model, its long-standing track record of meeting financial guidance, and its strategic positioning to meet growing energy demands.Record EBITDA and DCF Growth
Enbridge delivered record EBITDA and DCF per share in 2024, with EBITDA increasing by 13% over 2023.
Dividend Increase
Enbridge increased its dividend for the 30th consecutive year, achieving a 37% total shareholder return in 2024.
Significant Acquisitions
Closed the acquisition of three premier U.S. natural gas utilities, creating the largest gas utility franchise in North America.
Organic Projects and Capital Recycling
Added over $8 billion of organic projects to the backlog and successfully recycled over $15 billion of assets since 2014.
Gas Transmission and Storage Growth
Sanctioned approximately $4 billion in new capital projects focused on U.S. Gulf Coast infrastructure with high utilization.
Strong Performance in Gas Distribution
Gas Distribution business now delivers over 9 Bcf per day to over 7 million customers, with new daily throughput records.
Renewables Expansion
Sanctioned approximately 1.2 net gigawatts of new solar projects with high-quality contracts, including a full service of Fox Squirrel facility.
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ENB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ENB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 14, 2025 | $44.79 | $43.07 | -3.84% |
| Nov 01, 2024 | $39.21 | $39.23 | +0.05% |
| Aug 02, 2024 | $35.88 | $36.22 | +0.95% |
| May 10, 2024 | $35.02 | $35.43 | +1.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Enbridge Inc (ENB) report earnings?
Enbridge Inc (ENB) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Enbridge Inc (ENB) earnings time?
Enbridge Inc (ENB) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ENB EPS forecast?
ENB EPS forecast for the fiscal quarter 2025 (Q1) is 0.66.
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