Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Enbridge Inc    ENB   CA29250N1050

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

Enbridge : to start Line 3 construction despite lack of key U.S. approval

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/23/2017 | 02:25pm CEST

Enbridge (TSX:ENB) says it will begin phased construction of the Canadian portion of its Line 3 pipeline project on Aug. 1, even though the American side is still awaiting regulatory approval.

Spokeswoman Suzanne Wilton says about 600 contractor workers and up to 200 Enbridge staff are set to begin clearing land and installing pipe for the line which runs from central Alberta to Manitoba.

About one-third of the Canadian route is expected to be completed this summer with the rest to be built in 2018 and 2019.

The U.S. section of the pipeline still requires approval in Minnesota, where it faces determined opposition.

The $8.4-billion project to replace the aging 1,660-kilometre Line 3 with new pipe is expected to restore 375,000 barrels per day of Canadian crude oil delivery capacity to Superior, Wis.

(c) 2017 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENBRIDGE INC
02:25p ENBRIDGE : to start Line 3 construction despite lack of key U.S. approval
04:33a ENBRIDGE : Labor group urges support for Line 3 project
04:33a FOR AND AGAINST : 200 attend public meeting on Line 3 oil pipeline project
06/22 ENBRIDGE : to start Line 3 construction despite lack of key U.S. approval
06/21 ENBRIDGE : Michigan scraps Straits of Mackinac oil pipeline safety study after c..
06/21 ENBRIDGE ENERGY PARTNERS L P : Michigan cuts ties to contractor on oil spill ana..
06/21 ENBRIDGE INC : Report Coverage on Energy Stocks: Enbridge, TransCanada, Pembina ..
06/21 ENBRIDGE INC : Today's Research Reports on Enbridge, Suncor Energy, Encana and C..
06/19 ENBRIDGE : 2nd pipeline under Straits of Mackinac passes pressure test
06/19 ENBRIDGE : DBRS Comments on Enbridge Inc.'s CP Program Limit Increase to $2.5 Bi..
More news
Sector news : Oil & Gas Transportation Services - NEC
06/15 Swedish pension fund sells out of six firms it says breach Paris climate deal
06/14 TRANSCANADA : to spend C$2 billion to expand gas pipeline
06/13 Canada oil industry raises growth forecast, calls for pipelines
06/13 Qatar crisis to speed the rise of Asia's spot LNG trade
05/30DJPolitical Shake-Up in Canada Fuels Debate Over Kinder Morgan Pipeline Plans -..
More sector news : Oil & Gas Transportation Services - NEC
News from SeekingAlpha
06/22 ENBRIDGE : A Rational Investment For The Mid-Term
06/21 WALL STREET BREAKFAST : Look Out Below! Oil Is Growling
06/20 Gulf of Mexico storm could delay oil imports, exports through the week
06/20 Enbridge - Is It Just A Pipe Dream?
06/20 Energy sector on track for worst one-day drop since March
Advertisement
Financials ( CAD)
Sales 2017 43 692 M
EBIT 2017 7 474 M
Net income 2017 3 115 M
Debt 2017 69 840 M
Yield 2017 4,49%
P/E ratio 2017 23,87
P/E ratio 2018 19,39
EV / Sales 2017 3,53x
EV / Sales 2018 3,34x
Capitalization 84 571 M
More Financials
Chart ENBRIDGE INC
Duration : Period :
Enbridge Inc Technical Analysis Chart | ENB | CA29250N1050 | 4-Traders
Full-screen chart
Technical analysis trends ENBRIDGE INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 62,5  CAD
Spread / Average Target 21%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Albert Monaco President, Chief Executive Officer & Director
Gregory L. Ebel Chairman
Leon Anthony Zupan Chief Operating Officer-Liquids Pipelines
John K. Whelen Chief Financial Officer & Executive Vice President
Cathrine L. Dyer Chief Information Officer & Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ENBRIDGE INC-9.42%63 952
ENTERPRISE PRODUCTS PA..-3.85%55 681
KINDER MORGAN INC-10.28%41 479
TRANSCANADA CORPORATIO..2.07%40 891
WILLIAMS COMPANIES-9.54%23 276
ENERGY TRANSFER PARTNE..-21.69%20 443
More Results