The energy infrastructure firm reported stronger distributable cash flow and reaffirmed its 2026 adjusted EBITDA guidance.
Enbridge posted first-quarter adjusted earnings per share of C$0.98, exceeding expectations by C$0.04. The result reflects solid operational performance amid stable energy demand.
Distributable cash flow reached $3.9 billion, up from $3.8 billion in the same period last year. The company maintained its 2026 adjusted EBITDA outlook of C$20.2 billion to C$20.8 billion, signaling confidence in long-term growth.
Shares showed muted reaction in early trading as investors digested the steady financial update.