Enbridge beats estimates for second-quarter profit, benefits from higher Mainline volumes
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Article Excerpt
Enbridge beats estimates for second-quarter profit, benefits from higher Mainline volumes
REUTERS
PUBLISHED 1 HOUR AGO
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Enbridge ENB-T -0.19%
decrease
beat estimates for second-quarter adjusted profit on Friday, as the Canadian pipeline operator benefited from higher volumes of liquids transported on its Mainline system.
Pipeline operators are benefiting from increasing demand for natural gas, utility infrastructure and power supply for data centres, which has helped Enbridge generate steady growth even amid geopolitical tensions and commodity price volatility.
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Read full article at The Globe and Mail ↗
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