ENB.TO Enbridge Inc.
Company Analysis
Latest News
Enbridge Gets Goldman Sachs Upgrade Amid Major Strategic Moves
The Goldman Sachs Group upgraded its rating on Enbridge (TSE:ENB). Details of the new rating were not immediately available. The upgrade follows several major...
Enbridge Estimates Wisconsin Line 5 Leak Costs at Least $15.1 Million
Enbridge reported that a natural gas liquids leak from its Line 5 pipeline in northern Wisconsin in August is estimated to cost at least $15.1 million,...
Enbridge upgraded to strong buy, backed by $381M Bank of America investment
TD Securities upgraded Enbridge Inc. from hold to strong buy on September 16, 2026. The company now maintains a consensus rating of moderate buy. Analysts...
Enbridge Raises C$3.0 Billion in Share Sale, Funding Recent Acquisitions
Enbridge Inc. closed its public offering of common shares for gross proceeds of approximately C$3.0 billion. The energy infrastructure company issued...
Enbridge Proceeds with Line 5 Pipeline Restart Amidst Regulatory Standoff with Wisconsin DNR
Enbridge Inc. is expected to restart its Line 5 pipeline on September 12, 2026, following a recent natural gas liquids spill in Wisconsin. The company...
Enbridge buys Tallgrass oil business for $2.55B, expanding U.S. pipeline footprint
Enbridge signed a definitive agreement to acquire Tallgrass Energy’s crude oil business from Blackstone for $2.55 billion in cash. The deal adds strategic...
Enbridge Nears $2 Billion Pony Express Deal, Expanding US Oil Footprint
Enbridge Inc. is in advanced talks to acquire the Pony Express Pipeline from Blackstone-owned Tallgrass Energy. The potential transaction is valued at...
Enbridge Taps Insider Michele Harradence to Succeed CEO Greg Ebel
Enbridge President and CEO Greg Ebel will retire on December 31, 2026. Michele Harradence will succeed him as President and CEO on January 1, 2027. Harradence...
Enbridge Halted on Line 5 Reroute, Following Natural Gas Liquids Leak
The Wisconsin Department of Natural Resources (DNR) formally requested that Enbridge halt all work on its Line 5 pipeline rerouting project. A natural gas...
Enbridge secures C$2.7B from KKR and Apollo for pipeline growth, recycling capital
Enbridge formed a joint venture with KKR and Apollo-managed funds to expand its Westcoast natural gas pipeline. The total investment for the British Columbia...
Enbridge buys Permian oil pipelines for $600M, boosting export terminal access
Enbridge will acquire Salt Creek Midstream’s crude oil gathering business for $600 million in cash. This acquisition deepens the company's presence in the...
Enbridge Secures Final Federal Permit for Line 5 Tunnel, Ending Six-Year Review
Enbridge Inc. secured a federal permit from the U.S. Army Corps of Engineers on August 12, 2026. The approval authorizes a tunnel under the Straits of Mackinac...
Enbridge Postpones Second Phase of Mainline Pipeline Expansion
Enbridge postpones the second phase of its Mainline crude pipeline expansion. The expansion aimed to add 250,000 barrels per day of capacity. Canadian oil...
Enbridge Beats Q2 Estimates, Growing Project Backlog to $41 Billion
Enbridge reported an adjusted profit of C$0.63 per share for the second quarter of 2026. This result beat the average analyst estimate of C$0.59 per share....
Enbridge Beats Q2 Profit Estimates, Driven by Mainline Pipeline Volumes
Enbridge Inc. reported second-quarter adjusted earnings of 63 Canadian cents per share. This result surpassed the average analyst estimate of 59 Canadian...
Enbridge Begins $4B B.C. Pipeline Expansion, Fueling LNG Exports
Enbridge broke ground on the $4-billion Sunrise Expansion Program for the Westcoast natural gas pipeline system in British Columbia. The project received...
Enbridge Wins Michigan Tunnel Permits, Replacing 73-Year-Old Great Lakes Pipeline
Michigan regulators issued permits for Enbridge’s Great Lakes Tunnel Project to encase a replacement section of the Line 5 oil pipeline. The Michigan...
Enbridge to Start C$4 Billion Pipeline Expansion, Creating 2,500 Construction Jobs
Enbridge Inc. confirmed construction for its C$4 billion Sunrise Expansion Program will begin in July 2026. The project targets a late 2028 in-service date. It...