Enbridge reaffirms its 2023 outlook for EBITDA, DCF

The company reaffirms its 2023 financial guidance for EBITDA and DCF. Results for the first six months of 2023 are in line with the company’s expectations and the Company anticipates that its businesses will continue to experience strong capacity utilization and operating performance through the balance of the year with normal course seasonality. Strong operational performance in the first half of the year is expected to be offset by higher financing costs, due to increased interest rates, and a lower toll on the Mainline.