Energy Transfer’s EPS Missed by 20%. Enbridge’s Profit Nearly Doubled. Here’s Why I’m Not Worried About Either Dividend Even Though Both Still Fell Short.

Energy Transfer’s EPS Missed by 20%. Enbridge’s Profit Nearly Doubled. Here’s Why I’m Not Worried About Either Dividend Even Though Both Still Fell Short.

Energy Transfer missed estimates, and Enbridge’s profit nearly doubled, but neither headline tells you whether the dividend is safe. Here’s what the cash flow shows for each pipeline giant.