Business description: Enbridge Inc.

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.

Number of employees: 14,800

Sales by Activity: Enbridge Inc.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Liquids Pipelines

1.06TCr 1.21TCr 1.29TCr 3.82TCr 4.59TCr

Gas Distribution and Storage

498Cr 672.9Cr 597.6Cr 754.2Cr 1.07TCr

Gas Transmission

471.1Cr 542.6Cr 585.4Cr 619.9Cr 665.2Cr

Eliminations and Other

-63Cr -66Cr -51Cr 103.5Cr 138.3Cr

Renewable Power Generation

51Cr 58Cr 48Cr 51Cr 56Cr

Energy Services

2.69TCr 2.92TCr 1.9TCr - -

Geographical breakdown of sales: Enbridge Inc.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

United States

2.66TCr 2.58TCr 1.99TCr 3.15TCr 4.21TCr

Canada

2.05TCr 2.75TCr 2.38TCr 2.2TCr 2.31TCr

Executive Committee: Enbridge Inc.

Manager TitleAgeSince
Chief Executive Officer 61 01/01/2023
Director of Finance/CFO 51 01/07/2023
Compliance Officer - -
Chief Tech/Sci/R&D Officer - 01/10/2025
Chief Operating Officer - 01/07/2025

Composition of the Board of Directors: Enbridge Inc.

Director TitleAgeSince
Chairman 61 27/02/2017
Director/Board Member 70 12/02/2019
Director/Board Member 70 13/02/2019
Director/Board Member 70 04/06/2020
Director/Board Member 70 29/06/2021
Director/Board Member 68 04/11/2021
Director/Board Member 66 04/11/2021
Director/Board Member 59 04/05/2022
Chairman 70 07/05/2025
Director/Board Member 45 28/11/2023

Shareholders: Enbridge Inc.

NameStocks%Valuation
Royal Trust Corporation of Canada
4.876 %
10,64,81,572 4.876 % 5 772 M $
GQG Partners LLC
3.5 %
7,64,26,780 3.5 % 4 143 M $
Vanguard Capital Management LLC
2.835 %
6,19,11,585 2.835 % 3 356 M $
BMO Bank NA (Investment Management)
2.412 %
5,26,71,556 2.412 % 2 855 M $
Vanguard Fiduciary Trust Co.
1.865 %
4,07,17,212 1.865 % 2 207 M $
NameStocks%Valuation
Slater Asset Management, Inc.
0.3822 %
61,144 0.3822 % 1 M $
NameStocks%Valuation
Canaccord Genuity Corp. (Investment Management)
-
49,475 - 764 389 $
Slater Asset Management, Inc.
-
9,360 - 144 612 $
NameStocks%Valuation
Slater Asset Management, Inc.
0.141 %
15,510 0.141 % 236 528 $
NameStocks%Valuation
Franklin ClearBridge Investment Management
0.4375 %
70,000 0.4375 % 2 M $
NameStocks%Valuation
Slater Asset Management, Inc.
0.3721 %
59,531 0.3721 % 1 M $
NameStocks%Valuation
Franklin ClearBridge Investment Management
1.301 %
1,82,095 1.301 % 2 M $
NameStocks%Valuation
Picton Mahoney Asset Management
17.5 %
28,00,013 17.5 % 69 M $
Franklin ClearBridge Investment Management
0.5312 %
85,000 0.5312 % 2 M $
NameStocks%Valuation
Slater Asset Management, Inc.
0.1034 %
23,260 0.1034 % 368 718 $
NameStocks%Valuation
Slater Asset Management, Inc.
0.9517 %
95,167 0.9517 % 2 M $
NameStocks%Valuation
Slater Asset Management, Inc.
0.2949 %
58,985 0.2949 % 987 527 $
NameStocks%Valuation
Slater Asset Management, Inc.
0.0759 %
13,655 0.0759 % 247 838 $

Company details: Enbridge Inc.

Enbridge, Inc.

Fifth Avenue Place

T2P 3L8, Calgary

+403-231-3900

http://www.enbridge.com
address Enbridge Inc.(ENB)

Group companies: Enbridge Inc.

NameCategory and Sector
IPL Enterprises SARL
IPL Insurance (Barbados) Ltd.
Oil & Gas Production
Cone Renewable Energy Project LLC
Enbridge Insurance (Barbados QIC) Ltd.

Other Oil & Gas Transportation Services

Change 5-day change 1-year change 3-year change Capi.($)
+0.56%+2.63%+28.19%+63.16% 12TCr
+0.47%-0.95%+27.79%+123.88% 9.1TCr
+1.28%+1.90%+20.63%+43.18% 8.12TCr
+1.06%+0.43%+16.59%+89.08% 7.16TCr
+1.25%+2.07%+48.41%+90.27% 7.2TCr
+0.76%+2.66%+68.85%+259.18% 5.97TCr
+2.16%+3.91%+17.47%+45.93% 5.74TCr
+1.35%-0.03%+13.28%+65.71% 5.72TCr
+0.85%-3.34%+18.32%+30.54% 3.01TCr
+1.25%+5.34%+40.87%+75.52% 2.93TCr
Average +1.10%+0.18%+30.04%+88.64% 6.72TCr
Weighted average by Cap. +1.03%+0.28%+29.69%+89.87%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
79.36CAD
Average target price
78.90CAD
Spread / Average Target
-0.57%

Quarterly revenue - Rate of surprise

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