Enbridge Inc. operates North American energy infrastructure that includes liquids pipelines, natural gas transmission, gas distribution and storage, and renewable power assets. Company updates regularly address financial results, guidance, dividends on common and preferred shares, and capital allocation tied to its secured project backlog.
Recurring developments also cover capacity expansions and regulatory approvals across systems such as the Canadian Mainline, Westcoast natural gas pipeline system, Vector Pipeline and Dawn Hub storage. Enbridge also reports on utility rate cases, shareholder meeting results, annual disclosure documents, and energy-transition technologies including hydrogen, renewable natural gas and carbon capture and storage.
Enbridge (ENB) will host a conference call and webcast on November 6, 2026, to review its third-quarter results and provide a business update. Financial results will be announced before markets open that day. The call begins at 7 a.m. MT (9 a.m. ET), with executive remarks followed by questions from analysts and investors only. A replay and transcript will be posted on Enbridge's website shortly after the event.
Enbridge (ENB) closed a previously announced public common share offering on September 14, 2026, issuing 44,735,000 shares for gross proceeds of approximately CDN$3.0 billion, including 5,835,000 shares from the full exercise of the underwriters' over-allotment option.
The offering was led by RBC Capital Markets and CIBC Capital Markets, with Scotiabank, BMO Capital Markets, TD Securities and National Bank of Canada Capital Markets as joint bookrunners. Enbridge intends to use the net proceeds to partially fund previously announced acquisitions and to enhance financial flexibility for potential future growth opportunities, with a portion potentially used temporarily to reduce indebtedness or held in short-term liquid investments.
Oil Market Daily highlights how recent crude price spikes and delivery risks have shifted deal activity toward pipelines and existing producing assets, rather than new drilling.
Within the past ten days, Enbridge (ENB) agreed to buy Tallgrass Energy's crude oil business for about US$2.55 billion, adding stakes in the Pony Express and Powder River Gateway systems and 8.4 million barrels of storage, funded in part by an equity offering and alongside a separate US$600 million Salt Creek Midstream gathering acquisition. Enbridge expects the Tallgrass deal to be accretive to distributable cash flow per share after closing, which is subject to regulatory approvals.
Williams (WMB) closed its $5.5 billion acquisition of Momentum Midstream, adding about 6 bcf/d of Haynesville gathering capacity. Diversified Energy (DEC) agreed to buy Birch Permian for about $1.8 billion, expecting production to rise ~35% and adjusted EBITDA ~55%. Tamarack Valley (TVE) and Headwater (HWX) agreed to an all-stock merger valued at $10 billion, with Tamarack issuing 237.8 million shares and planning a 20% dividend increase, contingent on closing.
Enbridge (ENB) will see President and CEO Greg Ebel retire on December 31, 2026, with Michele Harradence becoming President, CEO and Director on January 1, 2027.
Harradence is currently Executive Vice-President and President, Gas Distribution and Storage, and her promotion follows a multi-year succession planning process led by the Board. Ebel, who became President and CEO in January 2023 after leading Spectra Energy and helping deliver the Spectra–Enbridge merger, will remain on the Board until his retirement and then act as advisor to the Board and Harradence from January through May 2027.
The Board credits Ebel with helping secure a $41 billion growth project backlog, expanding the North American natural gas platform through acquiring three U.S. utilities from Dominion Energy, and strengthening the company’s financial position. Harradence has led Enbridge’s gas utilities since 2022, including integration of U.S. utilities that help serve 7.2 million customers across Canada and the United States.
Enbridge (TSX/NYSE: ENB) announced a definitive agreement with KKR (NYSE: KKR) to form a new joint venture, led by KKR and supported by Apollo-managed funds, to fund the Aspen Point and Sunrise Expansion Programs on Enbridge's Westcoast natural gas pipeline system in British Columbia. KKR and Apollo will invest approximately C$2.7 billion, including C$0.7 billion of cash to Enbridge at closing, in exchange for an indirect, cumulative 29% interest in the aggregate Westcoast system once the Sunrise expansion enters service. The expansions have regulatory approval and are backed by long-term take-or-pay contracts. Aspen Point is expected in 2026 and Sunrise in late 2028. Enbridge will retain majority ownership, operational control, and responsibility for executing the expansions, and holds an option to repurchase the investors’ interest between years seven and fourteen after closing. According to Enbridge, the transaction is not material to its 2026 financial guidance or medium-term outlook.
Enbridge (TSX/NYSE: ENB) agreed, via a wholly owned subsidiary, to acquire Salt Creek Midstream's crude oil gathering business for US$600 million. The deal includes 100% of the Orla and Wink North systems and a 50% interest in the Delaware Crossing system in the Delaware Basin.
The assets span about 500 miles of gathering infrastructure, serve over 20 producers, and are backed by roughly 320,000 net dedicated acres under long-term contracts averaging about 10 years. Combined systems offer 420,000 bpd throughput and 350,000 barrels of storage, linking to multiple Permian pipelines, including Enbridge's Gray Oak, and enabling export via Enbridge Ingleside Energy Center.
According to Enbridge, the transaction should be immediately accretive to distributable cash flow and earnings per share, with 2026 guidance unchanged. Closing is targeted for later in 2026, subject to customary conditions and U.S. antitrust clearance.
Enbridge (TSX: ENB, NYSE: ENB) reported Q2 2026 GAAP earnings attributable to common shareholders of $1.4 billion or $0.64 per share, down from $2.2 billion or $1.00 in 2025, mainly due to non-cash derivative valuation changes and other non-cash items. Adjusted earnings were $1.4 billion or $0.63 per share, versus $1.4 billion or $0.65 a year earlier, while adjusted EBITDA rose to $4.8 billion from $4.6 billion. Cash from operating activities grew to $4.1 billion from $3.2 billion, and DCF was $2.9 billion, slightly above 2025.
The company reaffirmed 2026 guidance for adjusted EBITDA of $20.2–$20.8 billion and DCF per share of $5.70–$6.10, and maintained its ~5% post‑2026 growth outlook. Enbridge expanded its secured capital backlog to about $41 billion, including sanctioning the US$1.0 billion Line 5 Relocation in Wisconsin and the Bay Runner Twin pipeline in the Permian joint venture, and signing an exclusive option to acquire the TTC Connector pipeline. The $4 billion Sunrise Expansion of the B.C. Pipeline system entered construction, while Enbridge Houston Oil Terminal entered service. The rolling 12‑month debt‑to‑EBITDA ratio stood at 5.1x.
Enbridge (TSX: ENB, NYSE: ENB) declared a quarterly dividend of $0.9700 per common share, payable on September 1, 2026 to shareholders of record on August 14, 2026. According to Enbridge, this common share dividend is unchanged from the June 1, 2026 payment.
The Board also declared quarterly dividends for multiple preferred share series, mostly in Canadian dollars, with selected U.S.-dollar series including Series L: US$0.36612, Series 1: US$0.41898 and Series 5: US$0.41769, all payable on September 1, 2026 to the same record date.
Enbridge (NYSE:ENB) will host a webcast and conference call on Friday, July 31, 2026, at 7 a.m. MT (9 a.m. ET) to provide a business update and review its 2026 second quarter results.
Financial results will be released before markets open on July 31, 2026. A webcast replay and transcript will be available on Enbridge's website shortly after the event.
Enbridge (NYSE: ENB) announced a $2.5 million founding gift to the Theodore Roosevelt Presidential Library, opening July 4, 2026, in Medora, North Dakota. The funding supports sustainability certification, conservation work and restoration of 400,000 native plants in the surrounding prairie ecosystem.
The gift aligns with Enbridge's 25 years of sustainability reporting and long-standing operations across 43 U.S. states, including more than 75 years of activity in North Dakota.