Enbridge Reports Strong Q4 2025 Results and 2026 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy ENB?
Source: PRnewswire
- Financial Performance Growth: Enbridge reported a GAAP net income of CAD 1.952 billion for Q4 2025, an increase of CAD 150 million compared to Q4 2024, primarily driven by non-cash unrealized changes in derivative financial instruments, demonstrating the company's ability to deliver stable financial results amid macroeconomic uncertainty.
- Project Investment Expansion: The company secured CAD 14 billion in new projects in 2025, raising its total project backlog to CAD 39 billion, a 35% increase year-over-year, which will further enhance its market position in the growing North American energy demand landscape.
- Renewable Energy Development: Enbridge sanctioned two new projects, including a 365 MW Cowboy solar project and a 152 MW Easter wind project, both expected to be fully operational by 2027, showcasing the company's ongoing investment and growth potential in the renewable energy sector.
- Dividend Growth: The company announced a 3% increase in its 2026 quarterly dividend to CAD 0.97, marking the 31st consecutive dividend increase, reflecting strong cash flow and commitment to shareholders.
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Analyst Views on ENB
Wall Street analysts forecast ENB stock price to fall
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 51.840
Low
44.63
Averages
49.75
High
51.83
Current: 51.840
Low
44.63
Averages
49.75
High
51.83
About ENB
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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Enbridge Set to Announce Q4 Earnings Expectations
- Earnings Announcement Preview: Enbridge (ENB) is set to announce its Q4 earnings on February 13 before market open, with Wall Street expecting an EPS of C$0.78 on revenues of C$12.77 billion, reflecting its stable earnings capability as it has beaten EPS estimates 88% of the time over the past two years.
- Financial Guidance Reaffirmed: The company reaffirmed its 2026 financial guidance, projecting Adjusted EBITDA between $20.2 billion and $20.8 billion, and distributable cash flow per share between $5.70 and $6.10, indicating confidence in future growth and sustained cash flow generation.
- Dividend Increase: Enbridge announced a 3% increase in its dividend for 2026, marking the 31st consecutive increase, which underscores its strong cash flow and commitment to shareholder returns, thereby enhancing investor confidence.
- Market Performance Analysis: Despite missing Q3 adjusted earnings estimates, ENB shares have risen nearly 9% since the beginning of the year, significantly outperforming the S&P 500's 1.4% increase, indicating optimistic market expectations for its future performance.
See More
Enbridge Files 10-K for Year Ended 2025
- Financial Report Submission: Enbridge Inc. has filed its Form 10-K for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission, along with audited Consolidated Financial Statements and Management's Discussion and Analysis with Canadian regulators, ensuring compliance and transparency.
- Document Access: Investors can access electronic copies of these documents at www.sec.gov and www.sedarplus.ca, or through Enbridge's website, reflecting the company's commitment to information disclosure and investor relations.
- Shareholder Meeting Arrangement: Enbridge will hold its Annual Meeting of Shareholders virtually via live audio webcast at 1:30 p.m. (MT) on May 6, 2026, facilitating shareholder participation in corporate governance.
- Company Strategic Overview: Enbridge is focused on safely connecting millions to energy through its North American natural gas, oil, and renewable power networks, while investing in modern energy delivery infrastructure to ensure secure and affordable energy access.
See More
Enbridge Files 2025 Form 10-K and Financial Statements
- Financial Report Submission: Enbridge Inc. has filed its Form 10-K for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission, and submitted its audited Consolidated Financial Statements to Canadian regulators, ensuring compliance and transparency.
- Annual Shareholder Meeting: The company is set to hold its Annual Meeting of Shareholders virtually on May 6, 2026, at 1:30 p.m. (MT), aiming to enhance shareholder engagement and provide updates on company operations.
- Infrastructure Investment: Enbridge is investing in modern energy delivery infrastructure to ensure secure and affordable energy access, leveraging over a century of experience in conventional energy and two decades in renewable power, highlighting its strategic positioning in the energy transition.
- Technological Innovation: The company is advancing new technologies such as hydrogen, renewable natural gas, and carbon capture and storage, indicating its foresight and adaptability in sustainable energy solutions.
See More
Enbridge Preferred Stock Remains Top Investment Choice
- Dividend Appeal: Enbridge's preferred stock offers a 6% dividend yield, attracting income-seeking investors, and despite mixed market sentiment, its returns remain appealing.
- Earnings Preview: Analyst sentiment regarding Enbridge's Q4 2025 earnings is mixed, reflecting varying market perspectives on the company's future performance, which could impact investor confidence.
- Investment Rating: Despite uncertainties, Enbridge's preferred stock is still regarded as a top investment-grade choice, indicating its relative safety in a volatile market.
- Market Dynamics: With earnings reports from companies like F, KO, and CSCO approaching, Enbridge's performance will be closely monitored, potentially influencing its stock price trajectory.
See More
Enbridge Preferred Stock: Analyzing Investment Potential
- Preferred Stock Value: Enbridge's preferred stock is regarded as the best investment-grade option, providing stable returns that attract investors seeking safety, particularly amid increasing market volatility.
- Dividend Appeal: The 6% dividend yield from Enbridge remains highly attractive, especially in a rising interest rate environment, making it a preferred choice for fixed-income investors and enhancing its competitive position in the market.
- Earnings Outlook: While analyst sentiment regarding the Q4 2025 earnings report is mixed, the overall market maintains an optimistic view on Enbridge's long-term growth potential, which is expected to continue drawing investor interest.
- Market Dynamics: With the upcoming earnings season, Enbridge is under the spotlight alongside other major companies like F, KO, and CSCO, which may influence its stock price movements and investor confidence.
See More
Enbridge Reports Strong Q4 2025 Results and 2026 Outlook
- Financial Performance Growth: Enbridge reported a GAAP net income of CAD 1.952 billion for Q4 2025, an increase of CAD 150 million compared to Q4 2024, primarily driven by non-cash unrealized changes in derivative financial instruments, demonstrating the company's ability to deliver stable financial results amid macroeconomic uncertainty.
- Project Investment Expansion: The company secured CAD 14 billion in new projects in 2025, raising its total project backlog to CAD 39 billion, a 35% increase year-over-year, which will further enhance its market position in the growing North American energy demand landscape.
- Renewable Energy Development: Enbridge sanctioned two new projects, including a 365 MW Cowboy solar project and a 152 MW Easter wind project, both expected to be fully operational by 2027, showcasing the company's ongoing investment and growth potential in the renewable energy sector.
- Dividend Growth: The company announced a 3% increase in its 2026 quarterly dividend to CAD 0.97, marking the 31st consecutive dividend increase, reflecting strong cash flow and commitment to shareholders.
See More
Enbridge Set to Announce Q4 Earnings Expectations
- Earnings Announcement Preview: Enbridge (ENB) is set to announce its Q4 earnings on February 13 before market open, with Wall Street expecting an EPS of C$0.78 on revenues of C$12.77 billion, reflecting its stable earnings capability as it has beaten EPS estimates 88% of the time over the past two years.
- Financial Guidance Reaffirmed: The company reaffirmed its 2026 financial guidance, projecting Adjusted EBITDA between $20.2 billion and $20.8 billion, and distributable cash flow per share between $5.70 and $6.10, indicating confidence in future growth and sustained cash flow generation.
- Dividend Increase: Enbridge announced a 3% increase in its dividend for 2026, marking the 31st consecutive increase, which underscores its strong cash flow and commitment to shareholder returns, thereby enhancing investor confidence.
- Market Performance Analysis: Despite missing Q3 adjusted earnings estimates, ENB shares have risen nearly 9% since the beginning of the year, significantly outperforming the S&P 500's 1.4% increase, indicating optimistic market expectations for its future performance.
See More
Enbridge Files 10-K for Year Ended 2025
- Financial Report Submission: Enbridge Inc. has filed its Form 10-K for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission, along with audited Consolidated Financial Statements and Management's Discussion and Analysis with Canadian regulators, ensuring compliance and transparency.
- Document Access: Investors can access electronic copies of these documents at www.sec.gov and www.sedarplus.ca, or through Enbridge's website, reflecting the company's commitment to information disclosure and investor relations.
- Shareholder Meeting Arrangement: Enbridge will hold its Annual Meeting of Shareholders virtually via live audio webcast at 1:30 p.m. (MT) on May 6, 2026, facilitating shareholder participation in corporate governance.
- Company Strategic Overview: Enbridge is focused on safely connecting millions to energy through its North American natural gas, oil, and renewable power networks, while investing in modern energy delivery infrastructure to ensure secure and affordable energy access.
See More
Enbridge Files 2025 Form 10-K and Financial Statements
- Financial Report Submission: Enbridge Inc. has filed its Form 10-K for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission, and submitted its audited Consolidated Financial Statements to Canadian regulators, ensuring compliance and transparency.
- Annual Shareholder Meeting: The company is set to hold its Annual Meeting of Shareholders virtually on May 6, 2026, at 1:30 p.m. (MT), aiming to enhance shareholder engagement and provide updates on company operations.
- Infrastructure Investment: Enbridge is investing in modern energy delivery infrastructure to ensure secure and affordable energy access, leveraging over a century of experience in conventional energy and two decades in renewable power, highlighting its strategic positioning in the energy transition.
- Technological Innovation: The company is advancing new technologies such as hydrogen, renewable natural gas, and carbon capture and storage, indicating its foresight and adaptability in sustainable energy solutions.
See More
Enbridge Preferred Stock Remains Top Investment Choice
- Dividend Appeal: Enbridge's preferred stock offers a 6% dividend yield, attracting income-seeking investors, and despite mixed market sentiment, its returns remain appealing.
- Earnings Preview: Analyst sentiment regarding Enbridge's Q4 2025 earnings is mixed, reflecting varying market perspectives on the company's future performance, which could impact investor confidence.
- Investment Rating: Despite uncertainties, Enbridge's preferred stock is still regarded as a top investment-grade choice, indicating its relative safety in a volatile market.
- Market Dynamics: With earnings reports from companies like F, KO, and CSCO approaching, Enbridge's performance will be closely monitored, potentially influencing its stock price trajectory.
See More
Enbridge Preferred Stock: Analyzing Investment Potential
- Preferred Stock Value: Enbridge's preferred stock is regarded as the best investment-grade option, providing stable returns that attract investors seeking safety, particularly amid increasing market volatility.
- Dividend Appeal: The 6% dividend yield from Enbridge remains highly attractive, especially in a rising interest rate environment, making it a preferred choice for fixed-income investors and enhancing its competitive position in the market.
- Earnings Outlook: While analyst sentiment regarding the Q4 2025 earnings report is mixed, the overall market maintains an optimistic view on Enbridge's long-term growth potential, which is expected to continue drawing investor interest.
- Market Dynamics: With the upcoming earnings season, Enbridge is under the spotlight alongside other major companies like F, KO, and CSCO, which may influence its stock price movements and investor confidence.
See More
Enbridge Reports Strong Q4 2025 Results and 2026 Outlook
- Financial Performance Growth: Enbridge reported a GAAP net income of CAD 1.952 billion for Q4 2025, an increase of CAD 150 million compared to Q4 2024, primarily driven by non-cash unrealized changes in derivative financial instruments, demonstrating the company's ability to deliver stable financial results amid macroeconomic uncertainty.
- Project Investment Expansion: The company secured CAD 14 billion in new projects in 2025, raising its total project backlog to CAD 39 billion, a 35% increase year-over-year, which will further enhance its market position in the growing North American energy demand landscape.
- Renewable Energy Development: Enbridge sanctioned two new projects, including a 365 MW Cowboy solar project and a 152 MW Easter wind project, both expected to be fully operational by 2027, showcasing the company's ongoing investment and growth potential in the renewable energy sector.
- Dividend Growth: The company announced a 3% increase in its 2026 quarterly dividend to CAD 0.97, marking the 31st consecutive dividend increase, reflecting strong cash flow and commitment to shareholders.
See More
