Enbridge Reports Strong Q2 2026 Results, Reaffirms Full-Year Guidance, and Expands Secured Backlog to $41 Billion

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-31
Category: business
Source: PR Newswire (Enbridge Inc.)

Enbridge Inc. (TSX: ENB) (NYSE: ENB) announced second quarter 2026 GAAP earnings attributable to common shareholders of $1.4 billion, or $0.64 per common share. The company reaffirmed its full-year 2026 financial guidance for adjusted EBITDA between $20.2 billion and $20.8 billion and distributable cash flow (DCF) per share between $5.70 and $6.10. Enbridge also sanctioned and began construction on the US$1.0 billion Line 5 Relocation project in Wisconsin and signed an exclusive option to acquire TTC Connector Pipeline, growing its secured backlog to $41 billion.

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