Enbridge reported strong earnings in the quarter, beating both our estimate and consensus. The Company reported record throughput on its liquid mainline system and an active quarter bringing assets into service. The Company grew through acquisitions in the quarter, agreeing to buy the Murphy Oil gas processing assets and a 50% interest in Eolien Maritime France SAS.
12 May 2016
REPORTS STRONG 1Q16: ADJ. EPS $0.76 (FCCE: $0.71; CONSENSUS: $0.64)
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REPORTS STRONG 1Q16: ADJ. EPS $0.76 (FCCE: $0.71; CONSENSUS: $0.64)
Enbridge Inc. (0KTI:LON) | 0 0 0.9% | Mkt Cap: 73,275m
- Published:
12 May 2016 -
Author:
Steven I. Paget -
Pages:
3
Enbridge reported strong earnings in the quarter, beating both our estimate and consensus. The Company reported record throughput on its liquid mainline system and an active quarter bringing assets into service. The Company grew through acquisitions in the quarter, agreeing to buy the Murphy Oil gas processing assets and a 50% interest in Eolien Maritime France SAS.