The energy infrastructure firm reported stronger Q2 earnings and EBITDA growth, matching distributable cash flow expectations.
Enbridge posted Q2 non-GAAP earnings per share of C$0.63, exceeding estimates by C$0.03. The result reflects improved operational performance amid stable energy demand.
Adjusted EBITDA rose to C$4.8 billion from C$4.6 billion in the prior-year period. Distributable cash flow held steady at C$2.9 billion, aligning with analyst projections.
Shares showed muted movement in after-hours trading as investors digested the in-line cash flow figures.