Company
Enbridge Inc.
Headquarters: Calgary, AB, Canada
Founded: April 30, 1949 as Interprovincial Pipe Line Company
Employees: 10,900
CEO: Mr. Al Monaco
Market Cap
C$98.67 Billion
CAD as of July 1, 2023
US$74.47 Billion
Enbridge Inc. Categories
Canada
languages
Energy
languages
Oil & Gas Midstream
Canada Energy
Canada Oil & Gas Midstream
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.
Top Competitors by Market Capitalization
Industry: Oil & Gas Midstream
| Company | Market Cap (USD) |
|---|---|
Enterprise Products Partners L.P.
|
$58.32 B |
|
Energy Transfer LP
|
$41.15 B |
|
The Williams Companies, Inc.
|
$39.44 B |
|
TC Energy Corporation
|
$39.44 B |
|
Kinder Morgan, Inc.
|
$38.79 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
Aramco
|
$2.074 T |
|
ExxonMobil
|
$422.03 B |
|
Chevron
|
$298.44 B |
Shell
|
$200.59 B |
PetroChina
|
$185.00 B |
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.
Stocks & Indices
Enbridge Inc. has the following listings and related stock indices.
Stock: TSX: ENB
Stock: NYSE: ENB
Stock: FSX: EN3
Stock: OTC: EBBGF
Stock: OTC: EBBNF
Stock: OTC: EBGEF
Stock: OTC: EBRGF
Stock: OTC: EBRZF
Stock: OTC: ENBBF
Stock: OTC: ENBFF
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)