The earnings call highlighted strong operational performance with record adjusted EBITDA and mainline volumes. Several new projects were announced, showcasing continued growth. However, there were some financial challenges with a decline in EPS and segment-specific headwinds. Overall, the positive highlights outweigh the lowlights.

Company Guidance

During the Enbridge Inc. Third Quarter 2025 Financial Results Conference Call, the company provided several key metrics and guidance updates. Enbridge reported a record third quarter adjusted EBITDA driven by increased contributions from U.S. gas utilities and organic growth in the gas transmission business. The company is on track to finish the year in the upper half of their EBITDA guidance and expects to land around the midpoint of their DCF per share metric. Their debt-to-EBITDA ratio is at 4.8x, within the targeted leverage range of 4.5 to 5x. Enbridge's mainline transported approximately 3.1 million barrels per day, setting a third-quarter record. The company has added $3 billion to its secured capital program, indicating strong execution on its growth commitments. Additionally, Enbridge reaffirmed its 2025 guidance, projecting full-year EBITDA within a range of $19.4 billion to $20 billion, and expects DCF per share at the midpoint of $5.50 to $5.90.

Record Third Quarter Adjusted EBITDA

The company achieved a record third quarter adjusted EBITDA driven by contributions from U.S. gas utilities and organic growth within the gas transmission business.

Mainline Transporting Record Volumes

Enbridge's mainline transported approximately 3.1 million barrels per day, setting a third quarter record thanks to strong demand for Canadian crude.

New Growth Capital and Projects

Enbridge added $3 billion of new growth capital to its secured capital program, including projects in Southern Illinois, Egan and Moss Bluff storage expansions, and the Pelican CO2 hub.

Positive Settlements in Gas Distribution

Positive rate settlements were reached at Enbridge Gas North Carolina and Enbridge Gas Utah, expected to drive growth as rates take effect.

Enbridge (TSE:ENB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:ENB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 06, 2026	2025 (Q4)	0.80 / -	0.75	―	―	―
Nov 07, 2025	2025 (Q3)	0.51 / 0.46	0.55	-16.36% (-0.09)
Aug 01, 2025	2025 (Q2)	0.58 / 0.65	0.58	12.07% (+0.07)
May 09, 2025	2025 (Q1)	0.96 / 1.03	0.92	11.96% (+0.11)
Feb 14, 2025	2024 (Q4)	0.75 / 0.75	0.64	17.19% (+0.11)
Nov 01, 2024	2024 (Q3)	0.54 / 0.55	0.62	-11.29% (-0.07)
Aug 02, 2024	2024 (Q2)	0.63 / 0.58	0.68	-14.71% (-0.10)
May 10, 2024	2024 (Q1)	0.81 / 0.92	0.85	8.24% (+0.07)
Feb 09, 2024	2023 (Q4)	0.68 / 0.64	0.63	1.59% (+0.01)
Nov 03, 2023	2023 (Q3)	0.58 / 0.62	0.67	-7.46% (-0.05)

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

TSE:ENB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 07, 2025	C$66.24	C$66.94	+1.06%
Aug 01, 2025	C$61.86	C$62.83	+1.56%
May 09, 2025	C$61.94	C$62.44	+0.80%
Feb 14, 2025	C$61.83	C$59.31	-4.08%

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.

FAQ

When does Enbridge Inc (TSE:ENB) report earnings?

Enbridge Inc (TSE:ENB) is schdueled to report earning on Feb 06, 2026, Before Open (Confirmed).

What is Enbridge Inc (TSE:ENB) earnings time?

Enbridge Inc (TSE:ENB) earnings time is at Feb 06, 2026, Before Open (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 TSE:ENB EPS forecast?

TSE:ENB EPS forecast for the fiscal quarter 2025 (Q4) is 0.8.

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