Enbridge owns and operates a large North American energy infrastructure network that moves crude oil, natural gas, and renewable energy. Its business is built around long-lived pipelines, utility distribution systems, storage, and power assets that earn regulated or contracted cash flows from shippers, utilities, and power customers.
25,5 %
11,5 %
+21,9 %
0.63
0.55
| % | |
|---|---|
| Liquids Pipelines | 40% Pipelines and terminals that transport, store, and export crude oil and other liquid hydrocarbons. |
| Gas Transmission | 28% Natural gas pipelines and related gathering, processing, and storage assets in Canada and the US. |
| Gas Distribution and Storage | 22% Regulated utility operations that deliver natural gas to residential, commercial, and industrial customers. |
| Renewable Power Generation | 5% Wind, solar, and geothermal power assets in North America and Europe. |
| Other and Midstream | 5% Offshore pipelines, midstream investments, and RNG-related assets. |
Enbridge sells infrastructure capacity and utility service to oil producers, refiners, natural gas shippers, local...
Buy liquids pipeline and terminal capacity to move crude from basins to market and export points.
Use transmission, gathering, processing, and storage assets to move gas across North America.
Residential, commercial, and industrial customers buy regulated gas delivery and storage service.
Buy electricity from wind, solar, and geothermal assets under contracted or merchant arrangements.
Buy landfill gas-to-RNG and food-waste-to-RNG infrastructure services and capacity.
Enbridge’s core footprint is Canada and the United States, where most pipelines, utilities, and storage assets are...
Enbridge is focused on expanding and optimizing regulated and contracted infrastructure while maintaining...
Rate cases and infrastructure recovery support recurring earnings and cash flow.
Long-term contracts reduce volume risk and support project returns.
RNG and renewable power broaden the asset base and align with energy transition demand.
Large capital programs require reliable market access and disciplined refinancing.
Enbridge’s main risks come from operating complex, high-consequence energy infrastructure under heavy regulatory and...
The company operates hazardous liquids and gas systems where failures can cause safety, environmental, and financial losses.
Utility and transmission earnings depend on approved rates, revenue requirements, and allowed returns.
Operational technology and enterprise systems are critical to safe pipeline and utility operations.
Large infrastructure assets face legal challenges, permit delays, and potential injunctions.
Colder or milder weather changes gas utility volumes and can affect operating performance and demand.
The business relies on debt markets to fund capital projects and refinance maturities.
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: 28/04/2026