Enbridge Earnings Reports

Enbridge delivered strong financial performance in Q1 2025, with net income and revenue significantly increasing year-over-year, supported by the full-quarter contribution of newly acquired U.S. gas utilities and higher throughput in its core pipeline operations.

Enbridge's Q4 2024 results showed a decrease in GAAP earnings compared to Q4 2023, primarily due to non-cash unrealized derivative losses. However, adjusted EBITDA and distributable cash flow both increased significantly, driven by acquisitions, higher Mainline system tolls, and favorable contracting in Gas Transmission. The company reaffirmed its 2025 financial guidance and continued executing on key strategic initiatives.