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Enbridge Expects Growth for 2026 as New Projects Enter Service, Raises Dividend (Business)
- Enbridge Inc. forecasted growth for 2026, stating it is driven by new projects entering service and strong asset utilization.
- Enbridge raised its quarterly dividend to 97 cents per share, increasing from 94.25 cents per share.
- The new dividend rate yields nearly 5.8 percent based on Enbridge’s recent share price.
- Enbridge's plan aims to add 100,000 barrels per day of capacity to the Flanagan South system, improving transport to the U.S. Gulf Coast.
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Enbridge expects growth for 2026 as new projects enter service, raises dividend (Business)
Enbridge Inc. raised its dividend as it forecasted another year of steady and predictable growth for 2026 driven by new projects entering service, as well as strong utilization and optimization of its existing assets. The company says it will now pay a quarterly dividend of 97 cents per share, up fr...
·Kelowna, Canada
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Pipeline operator Enbridge forecasts higher 2026 core profit
Enbridge on Wednesday forecast higher core profit for 2026, as the Canadian pipeline operator expects to benefit from strong demand and new projects entering service. The company projected an adjusted core profit of C$20.2 billion ($14.49 billion) to C$20.8 billion, compared with expectations of between C$19.4 billion and C$20 billion for this year. Surging demand
Coverage Details
Total News Sources12
Leaning Left5Leaning Right1Center3Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 33%
11%
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