Reported 25 days ago
Enbridge reported that its third-quarter profit more than doubled compared to last year, driven by contributions from U.S. gas acquisitions and strong oil demand. The Canadian energy giant’s profit reached C$1.29 billion, supported by its extensive growth projects totaling C$27 billion. CEO Greg Ebel noted strong demand for their Mainline system, which moved 2.96 million barrels per day, and projected further growth in pipeline discussions for 2026.
Source: YAHOO