Enbridge Gas Pipelines, Distribution Units Drive 1Q Beat -- Market Talk

Dow Jones
05/08

1119 ET - Enbridge's 1Q topped expectations, according to Scotiabank. In a note, analyst Robert Hope says 1Q Ebitda came in 3% above his estimate and 2% above consensus, while EPS was 5% above his estimate and 3% better than consensus. "Gas Pipelines and Gas Distribution were stronger than expected, which offset some softness in Liquids Pipelines," he says. The company maintained its 2026 guidance ranges, and Hope says Scotiabank's estimates sit around the mid-point of those ranges. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 08, 2026 11:20 ET (15:20 GMT)

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