EnergyNow Earnings
Pipeline Company Enbridge Reports $1.67-Billion First-Quarter Profit
Enbridge reported a first-quarter adjusted profit of $1.67 billion, exceeding analyst expectations due to strong performance in its gas transmission and utility businesses. The company's secured growth backlog reached C$40 billion, driven by new projects and acquisitions, despite softer results in its liquids pipelines segment. Enbridge is benefiting from increased demand for natural gas and utility infrastructure, contributing …