- Enbridge’s adjusted earnings per share (EPS) for the fourth quarter were C$0.75, matching analyst estimates and up from C$0.64 year over year.
- The company’s adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) reached C$5.13 billion, a 25% increase compared to last year, exceeding the estimate of C$4.85 billion.
- Distributable cash flow (DCF) was C$3.07 billion, marking a 13% rise from the previous year, but slightly below the estimate of C$3.12 billion.
- Cash from operating activities totaled C$3.66 billion, showing a 3.9% decrease year over year, but higher than the estimate of C$3.51 billion.
- The Mainline System’s adjusted Ebitda was C$1.34 billion, up 3% year over year, aligning with estimates.
- The Regional Oil Sands System’s adjusted Ebitda rose 1.8% to C$232 million, slightly under the estimate of C$233.1 million.
- The Gulf Coast and Mid-Continent System’s adjusted Ebitda decreased by 22% to C$369 million, below the estimate of C$415.9 million.
- Other segments reported an adjusted Ebitda of C$455 million, a 17% increase from last year and above the estimate of C$417.2 million.
- Enbridge reaffirmed its 2025 financial guidance, projecting adjusted Ebitda between $19.4 billion and $20.0 billion and DCF per share between $5.50 and $5.90.
- The company maintains its near-term growth outlook from 2023 to 2026 with expected growth of 7-9% in adjusted Ebitda, 4-6% in adjusted EPS, and approximately 3% in DCF per share.
- Enbridge has received ratings of 10 buys, 10 holds, and 2 sells from analysts.
A look at Enbridge Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Enbridge Inc., a prominent energy delivery company, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With solid scores in Dividend and Momentum, Enbridge is showing strength in rewarding its investors with consistent payouts and displaying positive price trends in the market. Although facing challenges in Resilience, the company’s core operations in crude oil and liquids pipeline systems, natural gas transmission, and energy distribution provide a sturdy foundation for future growth. While Value and Growth scores are moderately rated, Enbridge’s diversified business model and presence in the Canadian market offer stability and potential for expansion.
Overall, Enbridge’s Smart Scores point towards a company with a strong dividend track record, positive market momentum, and a foundation for growth despite some resilience challenges. Investors looking for a blend of income generation and growth potential may find Enbridge a compelling long-term investment opportunity within the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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