tiprankstipranks
Trending News
More News >

Enbridge Announces Growth and Strategic Investments

Enbridge Inc (TSE:ENB) has released an update.

Enbridge Inc. has announced its strategic update, highlighting an extension of its growth outlook through 2026, with expected increases in EBITDA, EPS, and DCF per share. The company has confirmed its 2024 financial guidance, excluding the impact of the pending U.S. gas utilities acquisitions. Enbridge also revealed plans for accretive capital investments, such as expanding the Gray Oak Pipeline, acquiring assets from Flint Hills Resources, and supporting offshore pipeline developments.

For further insights into TSE:ENB stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App