Business description: Enbridge Inc.

Enbridge Inc. is an energy transportation and distribution company. The Company's segments include Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. Liquids Pipelines consists of pipelines and terminals in Canada and United States that transport and export various grades of crude oil and other liquid hydrocarbons, including the Mainline System, Regional Oil Sands System, Gulf Coast and Mid-Continent, and Other. Gas Transmission consists of its investments in natural gas pipelines and gathering and processing facilities in Canada and United States, including United States Gas Transmission, Canadian Gas Transmission, United States Midstream, and Other. Gas Distribution and Storage consists of its rate-regulated natural gas utility operations in Canada and United States. Renewable Power Generation consists primarily of investments in wind and solar assets, as well as equity interests in geothermal power and power transmission assets.

Number of employees: 14,800

Sales by Activity: Enbridge Inc.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Liquids Pipelines

10.58B 12.05B 12.86B 38.18B 45.94B

Gas Distribution and Storage

4.98B 6.73B 5.98B 7.54B 10.65B

Gas Transmission

4.71B 5.43B 5.85B 6.2B 6.65B

Eliminations and Other

-630M -655M -510M 1.04B 1.38B

Renewable Power Generation

512M 582M 477M 514M 561M

Energy Services

26.92B 29.18B 18.99B - -

Geographical breakdown of sales: Enbridge Inc.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

United States

26.6B 25.81B 19.87B 31.47B 42.12B

Canada

20.47B 27.5B 23.78B 22B 23.08B

Executive Committee: Enbridge Inc.

Manager TitleAgeSince
Chief Executive Officer 61 31/12/2022
Director of Finance/CFO 51 30/06/2023
Compliance Officer - -
Chief Tech/Sci/R&D Officer - 30/09/2025
Chief Operating Officer - 30/06/2025

Composition of the Board of Directors: Enbridge Inc.

Director TitleAgeSince
Chairman 61 26/02/2017
Director/Board Member 70 11/02/2019
Director/Board Member 70 12/02/2019
Director/Board Member 70 03/06/2020
Director/Board Member 70 28/06/2021
Director/Board Member 68 03/11/2021
Director/Board Member 66 03/11/2021
Director/Board Member 59 03/05/2022
Chairman 70 06/05/2025
Director/Board Member 45 27/11/2023

Shareholders: Enbridge Inc.

NameEquities%Valuation
Royal Trust Corporation of Canada
4.88 %
106,481,572 4.88 % 5 901 M $
GQG Partners LLC
3.503 %
76,426,780 3.503 % 4 236 M $
Vanguard Capital Management LLC
2.838 %
61,911,585 2.838 % 3 431 M $
BMO Bank NA (Investment Management)
2.414 %
52,671,556 2.414 % 2 919 M $
Vanguard Fiduciary Trust Co.
1.866 %
40,717,212 1.866 % 2 257 M $
NameEquities%Valuation
Slater Asset Management, Inc.
0.9381 %
150,098 0.9381 % 3 M $
Canso Investment Counsel Ltd.
0.004375 %
700 0.004375 % 12 635 $
NameEquities%Valuation
Canso Investment Counsel Ltd.
-
76,800 - 1 M $
Canaccord Genuity Corp. (Investment Management)
-
49,475 - 764 389 $
Slater Asset Management, Inc.
-
22,875 - 353 419 $
NameEquities%Valuation
Slater Asset Management, Inc.
0.3464 %
38,100 0.3464 % 665 569 $
NameEquities%Valuation
Canso Investment Counsel Ltd.
0.5155 %
56,700 0.5155 % 921 375 $
NameEquities%Valuation
Franklin ClearBridge Investment Management
0.4375 %
70,000 0.4375 % 2 M $
NameEquities%Valuation
Canso Investment Counsel Ltd.
0.0338 %
2,700 0.0338 % 67 716 $
NameEquities%Valuation
Slater Asset Management, Inc.
0.9017 %
144,276 0.9017 % 2 M $
Canso Investment Counsel Ltd.
0.4069 %
65,100 0.4069 % 976 500 $
NameEquities%Valuation
Franklin ClearBridge Investment Management
1.301 %
182,095 1.301 % 2 M $
NameEquities%Valuation
Picton Mahoney Asset Management
17.5 %
2,800,013 17.5 % 69 M $
Franklin ClearBridge Investment Management
0.5312 %
85,000 0.5312 % 2 M $
NameEquities%Valuation
Slater Asset Management, Inc.
0.1017 %
22,885 0.1017 % 362 773 $
NameEquities%Valuation
Canso Investment Counsel Ltd.
12.73 %
1,782,700 12.73 % 27 M $
NameEquities%Valuation
Slater Asset Management, Inc.
1.745 %
174,500 1.745 % 3 M $
NameEquities%Valuation
Canso Investment Counsel Ltd.
-
794,000 - 14 M $
NameEquities%Valuation
Slater Asset Management, Inc.
0.4021 %
80,415 0.4021 % 1 M $
NameEquities%Valuation
Canso Investment Counsel Ltd.
1.158 %
208,500 1.158 % 4 M $
Slater Asset Management, Inc.
0.5552 %
99,945 0.5552 % 2 M $

Company details: Enbridge Inc.

Enbridge, Inc.

Fifth Avenue Place

T2P 3L8, Calgary

+403-231-3900

http://www.enbridge.com
address Enbridge Inc.(ENB)

Group companies: Enbridge Inc.

NameCategory and Sector
IPL Enterprises SARL
IPL Insurance (Barbados) Ltd.
Oil & Gas Production
Oil & Gas Production
Cone Renewable Energy Project LLC

Other Oil & Gas Transportation Services

Change 5d. change 1-year change 3-years change Capi.($)
-1.23%+2.22%+21.36%+52.26% 121B
-0.04%+4.73%+32.15%+165.97% 95.01B
+0.59%+4.12%+21.75%+51.30% 85.3B
+0.45%+4.74%+20.26%+104.48% 75.15B
+0.44%+4.81%+34.90%+73.82% 71.25B
+1.00%+8.50%+65.79%+294.40% 58.96B
+1.56%+6.80%+9.44%+60.60% 59.07B
+1.22%+2.61%+6.41%+62.11% 56.26B
+1.29%+4.03%+4.99%+36.44% 31.14B
+0.94%+6.43%+28.14%+61.01% 28.49B
Average +0.67%+5.67%+24.52%+96.24% 68.16B
Weighted average by Cap. +0.41%+5.55%+25.32%+98.13%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
76.13CAD
Average target price
77.00CAD
Spread / Average Target
+1.14%

Quarterly revenue - Rate of surprise

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