Company

Enbridge Inc.

Headquarters: Calgary, AB, Canada

Founded: April 30, 1949 as Interprovincial Pipe Line Company

Employees: 10,900

CEO: Mr. Al Monaco

TSX: ENB +2.81%

Market Cap

C$103.71 Billion

CAD as of Jan. 1, 2024

US$78.29 Billion

Market Cap History

Company Description

Enbridge Inc. is a multinational energy company focusing on the transportation, distribution, and generation of energy, primarily in Canada and the United States. Enbridge notably operates the longest crude oil and liquid hydrocarbons pipeline transportation system in North America and the largest natural gas distribution network, servicing Ontario, Quebec, New Brunswick, and New York State.

Enbridge Inc. market capitalization over time

Evolution of Enbridge Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Enbridge Inc.

Detailed Description

Enbridge Inc. operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines, and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution and energy transportation activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, and waste heat recovery facilities; and transmission assets in North America and Europe. The Energy Services segment provides energy marketing services to refiners, producers, and other customers; and physical commodity marketing and logistical services in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

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Product & Services

Pipeline transportOil storage

Key People

Founder(s): Imperial Oil

Gregory L. Ebel (Chair) Al Monaco (CEO)

Financials

Revenue: C$50.069 billion(2019)

Operating income: C$8.260 billion(2019)

Net income: C$5.827 billion (2019)


Total assets: C$163.269 billion(2019)

Total equity: C$66.043 billion(2019)

Details

Headquarters:

200, Fifth Avenue Place

425 - 1st Street SW

Calgary, AB T2P 3L8

Canada

Phone: 403-231-3900

Fax: 403-231-3920