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Illumin: Q1 Earnings Snapshot

  • In Calgary, Enbridge Inc. Announced that its earnings for the first quarter ending March 31, 2025, reached $2.3 billion.
  • The profit rose from $1.4 billion a year earlier, driven by high efficiency in the company’s asset operations.
  • The company posted earnings of $1.04 per share and an adjusted profit of $1.03 per share, both higher than prior-year results.
  • Distributable cash flow per share rose to $1.73 from $1.63, while CEO Greg Ebel said the company is set to meet or exceed financial guidance.
  • Enbridge aims to expand conventional and unconventional energy sectors, diversify export markets, and improve competitiveness with the new Canadian government.
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The Hamilton SpectatorThe Hamilton Spectator
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Enbridge reports $2.3-billion first-quarter profit up from $1.4 billion year ago

CALGARY - Enbridge Inc. reported a first-quarter profit of $2.3 billion, up from $1.4 billion in the same quarter last year.

·Hamilton, Canada
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Daily Progress Jacksonville, TX broke the news in on Thursday, May 8, 2025.
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