Recent Updates — EBRGF

Enbridge Inc. reported second quarter 2026 financial results, announcing GAAP earnings attributable to common shareholders of $1.4 billion ($0.64 per share), a decrease from $2.2 billion ($1.00 per share) in the prior year period due primarily to non-cash unrealized derivative losses and inventory adjustments. Adjusted EBITDA rose 3% to $4.8 billion, while distributable cash flow remained stable at $2.9 billion. The company reaffirmed its full-year adjusted EBITDA guidance of $20.2–$20.8 billion and DCF per share guidance of $5.70–$6.10. Enbridge added over US$1.0 billion to its secured growth backlog, bringing the total to approximately $41 billion, driven by the sanctioning of the Line 5 Relocation project in Wisconsin and the Bay Runner Twin Pipeline. The firm also signed an exclusive option to acquire the TTC Connector Pipeline and began construction on the $4 billion Sunrise Expansion of its B.C. Pipeline system. Enbridge Inc. operates as a major energy infrastructure company, owning and operating pipelines for liquids and natural gas across North America.