Enbridge Q1 2023 Earnings Report

Enbridge EPS Results

• Actual EPS: C$0.85
• Consensus EPS: C$0.83
• Beat/Miss: Beat by +C$0.02
• One Year Ago EPS: N/A

Enbridge Revenue Results

• Actual Revenue: $12.08 billion
• Expected Revenue: $13.83 billion
• Beat/Miss: Missed by -$1.75 billion
• YoY Revenue Growth: N/A

Enbridge Announcement Details

• Quarter: Q1 2023
• Date: 5/5/2023
• Time: N/A

Enbridge (TSE:ENB), together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.