Capital ExpenditureEnbridge is budgeting a significant increase in LDC capital expenditures due to rising demand, offering quick cycle returns and immediate earnings in some jurisdictions.
Earnings And Financial PerformanceThe price target for Enbridge has been raised to C$60 per share, reflecting a higher EBITDA forecast and expectations of dividend growth.
Regulatory ApprovalsThe Trump administration could accelerate Line 5 approval, improving Mainline growth visibility and prompting further investments.