Welcome to our dedicated page for Enbridge news (Ticker: ENB), a resource for investors and traders seeking the latest updates and insights on Enbridge stock.
Enbridge Inc. (ENB) generates frequent news and disclosures as a major energy infrastructure company in the natural gas distribution and utilities sector. Company news releases emphasize its role in connecting millions of people to the energy they rely on through North American natural gas, oil and renewable power networks and a growing European offshore wind portfolio. Enbridge is headquartered in Calgary, Alberta, and its common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol ENB.
On this news page, readers can follow Enbridge announcements related to financial guidance, quarterly results, dividends, capital projects and leadership changes. Recent releases have covered topics such as 2026 financial guidance and dividend increases, third quarter and fourth quarter earnings webcasts, and reaffirmation of multi-year financial outlooks that reference non-GAAP measures like EBITDA, adjusted EBITDA and distributable cash flow.
Project-focused news highlights Enbridge’s activity across its core businesses. Examples include Mainline Optimization Phase 1 to add capacity for Canadian heavy oil deliveries to U.S. refining markets, gas transmission projects like the Algonquin Gas Transmission (AGT) Enhancement, and participation in joint venture pipelines such as the Eiger Express Pipeline from the Permian Basin to the U.S. Gulf Coast. The company also issues updates on storage expansions, carbon capture hubs and renewable power developments.
Investors and analysts can use this page to review Enbridge’s regular dividend declarations on common and preferred shares, as well as announcements about executive leadership changes and financing transactions. By tracking these news items in one place, users gain context on how Enbridge manages its natural gas distribution, liquids pipelines, gas transmission and renewable power businesses over time.
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Enbridge Inc. (ENB) announced executive leadership changes effective October 1, 2021. Vern Yu takes over as Executive Vice President & Chief Financial Officer, succeeding Colin Gruending, who becomes Executive Vice President & President of Liquids Pipelines. Vern will oversee financial affairs, while Colin will manage Liquids Pipelines operations. Both executives bring extensive experience from their respective roles, indicating a strategic leadership shift aimed at strengthening the company’s future.
Enbridge, Svante, Cross River Infrastructure Partners, and OTS have formed an independent carbon capture partnership called Cross Carbon Ventures (CCV). This venture aims to develop carbon capture projects in North America for industries like cement, steelmaking, and petroleum refining. CCV will utilize Svante’s technology to capture CO2 emissions, providing a Carbon Capture-as-a-Service model. The initiative is set against the backdrop of global decarbonization targets, with Enbridge emphasizing its role in energy infrastructure critical for emissions reduction.
Enbridge reported Q2 2021 GAAP earnings of $1.4 billion ($0.69/share), down from $1.6 billion ($0.82/share) in 2020. Adjusted earnings rose to $1.4 billion ($0.67/share) from $1.1 billion ($0.56/share). Distributable Cash Flow (DCF) increased to $2.5 billion ($1.24/share), compared to $2.4 billion ($1.21/share) in 2020. The company reaffirmed its 2021 EBITDA guidance of $13.9-$14.3 billion. Progressing on major projects like the U.S. Line 3 Replacement and T-South Expansion, Enbridge is poised for significant growth through 2023, driven by strategic investments in renewable energy and modernization efforts.
Enbridge Inc. has appointed Mayank (Mike) Ashar to its Board of Directors, bringing over 30 years of energy industry experience. Previously, Ashar held key positions at Cairn Energy India Ltd. and Irving Oil Ltd., and currently serves as a director at Teck Resources Ltd.. The Board believes Ashar's extensive background will enhance its governance and strategic direction. Enbridge, a leader in North American energy infrastructure, manages substantial pipeline and storage operations, delivering critical energy sources across the continent.
The Board of Directors of Enbridge has declared a quarterly dividend of $0.835 per common share, payable on September 1, 2021, to shareholders of record on August 13, 2021. This dividend amount remains consistent with the previous dividend declared on June 1, 2021. Additionally, the board has announced several quarterly dividends for preferred shares, each also payable on September 1, 2021. These dividends range from $0.15753 to US$0.37182, depending on the series.
On July 30, 2021, Enbridge (ENB) will host a conference call and webcast at 7:00 a.m. MT (9:00 a.m. ET) to discuss its 2021 second quarter results. The financial results will be announced before markets open that day. The call format includes remarks from the executive team followed by a Q&A session for analysts and investors. Details for participation include a toll-free number for North America and an international dial-in option. A webcast replay and transcript will be available shortly after the event.
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Enbridge Inc. (NYSE: ENB) announces the resignation of Gregory J. Goff from its Board of Directors, effective June 21, 2021. His resignation is not linked to any disagreements regarding the company's operations or policies. Enbridge expresses gratitude for Mr. Goff's service. The company is a major North American energy infrastructure provider, involved in Liquids Pipelines, Gas Transmission, Gas Distribution, and Renewable Power Generation, with its shares traded on the Toronto and New York stock exchanges.
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