Enbridge Inc. (NYSE:ENB ) Q1 2025 Earnings Conference Call May 9, 2025 9:00 AM ET Company Participants Rebecca Morley - Director of Investor Relations Greg Ebel - President, CEO & Director Pat Murray - Executive VP & CFO Colin Gruending - Executive VP & President of Liquids Pipelines Cynthia Hansen - Executive VP and President of Gas Transmission & Midstream Michele Harradence - Executive VP and President, Gas Distribution and Storage Conference Call Participants Aaron MacNeil - TD Cowen Jeremy Tonet - JPMorgan Robert Catellier - CIBC Capital Markets Theresa Chen - Barclays Ben Pham - BMO Capital Markets Manav Gupta - UBS Rob Hope - Scotiabank Praneeth Satish - Wells Fargo Maurice Choy - RBC Capital Markets Rebecca Morley Good morning. And welcome to the Enbridge First Quarter 2025 Financial Results Conference Call.
Greg Ebel, Enbridge CEO, joins 'Money Movers' to discuss the company's quarterly earnings results.
Enbridge (ENB) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago.
Considering its substantial backlog of midstream growth projects, ENB will likely continue rewarding shareholders with attractive dividend payments.
Enbridge Inc. stock has delivered a 6% total return since my previous bullish call, outperforming the broad U.S. stock market. Favorable industry trends and strong Q1 earnings from major U.S. oil and gas companies indicate a positive outlook for Enbridge's midstream operations. Enbridge's intrinsic value is estimated at $51.8, 11% higher than the last close, supported by a solid 5.8% forward dividend yield and favorable fundamentals.
A lot has changed since we recommended our top five stocks to buy in April.
Enbridge (ENB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Enbridge (ENB) stood at $46.69, denoting a +0.11% change from the preceding trading day.
Enbridge (ENB) concluded the recent trading session at $46.64, signifying a +0.97% move from its prior day's close.
Watching as stock prices plummet one day and soar the next is hard, particularly when the overall trend appears to be downward. While geopolitical and economic issues make the volatility on Wall Street easy to understand, that fact doesn't make the volatility any easier to handle.
This year's volatile swings on Wall Street are disconcerting, but the truth is, they aren't actually all that unusual. Corrections, downturns, and even bear markets are normal parts of investing, no matter how upsetting they are.
Enbridge (ENB) concluded the recent trading session at $45.64, signifying a +1.44% move from its prior day's close.