Enbridge Tops Q1 Profit Estimates on Record Mainline Crude Volumes

OilPrice · Tsvetana Paraskova · last updated May 9, 2025 – 8:18 AM

Canada’s pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. The company booked adjusted earnings of US$1.58 billion (C$2.2 billion), or US$0.74 (C$1.03) per common share, for the first quarter, up from US$1.44 billion (C$2 billion) for the same period of 2024. The EPS beat the analyst consensus estimate of US$0.69 (C$0.96) for the first quarter of 2025. Enbridge operates the Mainline system,…

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