Earnings call briefThird-quarter 2026

Enbridge says it expects 2026 results at the midpoint of its guidance range

Enbridge said its debt to EBITDA ratio was 5.1 times at quarter end, driven by foreign exchange movements, and within its target range on an FX adjusted basis.

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Chief Financial Officer Patrick Robert Murray said on the third-quarter call that the company expects a further 40 billion to 45 billion Canadian dollars in dividends over the next 5 years.

Enbridge said the Long Lake expansion, sanctioned this quarter with its regional oil sands business to support CNQ's growing operations, is expected to cost 200 million Canadian dollars and enter service in 2028.

Quotes from the call

“Given our strong performance to date and confidence in the underlying business, I am pleased to reaffirm our 2026 guidance and expect results to finish at the midpoint of the range.”

Patrick Robert Murray, EVP and Chief Financial Officer

Key facts from the call

Expected 2026 results
Midpoint of 2026 guidance range
Expected dividends, next 5 years
40 billion to 45 billion Canadian dollars
Expected Long Lake expansion cost
200 million Canadian dollars
Expected Long Lake in-service year
2028

All ENB call briefs

Source: Enbridge's third-quarter 2026 earnings call, November 6, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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