Enbridge Inc - Company Profile
Powered by 
All the data and insights you need on Enbridge Inc in one report.
$295
- Save hours of research time and resources with
our up-to-date Enbridge Inc Strategy Report
- Understand Enbridge Inc position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Business Description
Enbridge Inc (Enbridge) is an energy transportation and distribution company. Its business activities include natural gas transmission, midstream businesses, and natural gas distribution network in Quebec and Ontario. The company also has interests in renewable and green energy technologies including solar, wind and geothermal. Enbridge operates through five reportable business segments: Liquids Pipelines; Gas Transmission and Midstream; Gas Distribution and Storage; Renewable Power Generation; and Energy Services. In FY2023, the company’s capital expenditure stood at CAD4,654 million, which was 10.7% of its total revenue and grew 0.2% YoY.
Business Segments
- Gas Distribution and Storage
- Gas Transmission and Midstream
- Liquids Pipelines
- Renewable Power Generation
- Energy Services
Overview
Consists of supply and delivery of natural gas; transportation of natural gas; and storage of natural gas. Includes natural gas utility operations and natural gas distribution activities in Quebec and New Brunswick. Conducts natural gas utility operations through Enbridge Gas Distribution Inc (EGD) Union Gas Limited (Union Gas). Serves residential, commercial and industrial customers, mainly in Ontario. Its other gas distribution and storage business includes natural gas distribution utility operations in the Provinces of New Brunswick and Quebec. EGD serves areas in northern New York State through St. Lawrence Gas Company Inc. Union Gas serves customers in northern, southwestern and eastern Ontario. EGD has principal storage facilities in south-western Ontario. The company’s subsidiary, Enbridge Gas New Brunswick Inc operates natural gas distribution franchise in the Province of New Brunswick. In FY2023, the segment incurred a capital expenditure of CAD1,451 million, which declined 3.2% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Markets crude oil, natural gas and NGLs. Also includes transportation, storage, gathering, compression and treating of natural gas; and transportation of NGLs. Includes natural gas pipelines, gathering and processing facilities in Canada and the US. Its portfolio includes US gas transmission, Canadian gas transmission and midstream, Alliance pipeline, US midstream and other assets such as offshore assets. US gas transmission includes interests in Texas Eastern, Algonquin, M&N U.S., NEXUS, East Tennessee natural gas, Gulfstream, Sabal Trail, Vector Pipeline LP (Vector) and certain other gas pipeline and storage assets. Offers transmission and storage of natural gas through interstate pipeline systems for customers in various regions of the Midwestern, northeastern and southern US. Canadian gas transmission and midstream consists of British Columbia Pipeline & Field Services, M&N Canada and certain other midstream gas pipelines, gathering, processing and storage assets. It also holds 13.2% investment in DCP Midstream LLC (DCP Midstream). In FY2023, the segment incurred a capital expenditure of CAD1,944 million, which grew 15% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes natural gas liquids (NGL), crude oil and refined product pipelines and terminals in the US and Canada. The portfolio includes the Lakehead pipeline system, Canadian Mainline, regional oil sands system, Gulf Coast and mid-continent, Southern Lights pipeline, Express-Platte system, Bakken system and feeder pipelines, among others. Gulf Coast and mid-continent include the Seaway Crude Pipeline system (Seaway Pipeline), Flanagan South Pipeline (Flanagan South), and Spearhead Pipeline, besides the Mid-Continent System consisting of the Cushing Terminal. In FY2023, the segment incurred a capital expenditure of CAD1,158 million, which declined 18.3% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Comprises investments in solar and wind assets; and also waste heat recovery, geothermal and transmission assets. Operates in the provinces of Alberta, Ontario and Quebec in Canada; and mainly in Colorado, Texas, Indiana and West Virginia in the US. Operates offshore wind facilities and under development facilities in Europe. In FY2023, the segment incurred a capital expenditure of CAD100 million, which grew 100% YoY.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Overview
Includes commodity marketing activities, logistical services and management of volume commitments on various pipeline systems. Provides crude oil, natural gas, NGL and power marketing services. Transports and stores on both company owned and third party assets through a combination of contracted long term and short term pipeline, storage tank, rail car and truck capacity agreements.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Geographical Segments
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer