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Enbridge to Report Q2 Earnings: What's in the Offing?
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Key Takeaways
ENB will report Q2 results on Aug. 1, with EPS estimated at 41 cents and revenue at $9.11 billion.
Stable volumes from ENB's Mainline System likely supported its key Liquids Pipelines segment.
Long-term contracts in Gas Transmission may have contributed to stable earnings and cash flow.
Enbridge Inc. (ENB - Free Report) is set to report second-quarter 2025 results on Aug. 1, before the opening bell.
Highlights of Q1 Earnings & Surprise History
In the last reported quarter, Enbridge’s adjusted earnings of 72 cents per share beat the Zacks Consensus Estimate of 68 cents, driven by higher Adjusted EBITDA contributions from its major business segments like Liquids Pipelines, Gas Transmission, and Gas Distribution and Storage.
Earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met in one and missed in the other, delivering an average surprise of 0.28%. This is depicted in the graph below:
The Zacks Consensus Estimate for second-quarter earnings per share of 41 cents has witnessed one downward and one upward revisions in the past 30 days. The estimated figure suggests a decline of 2.38% from the prior-year reported number.
The Zacks Consensus Estimate for revenues of $9.11 billion indicates a 9.9% increase from the year-ago recorded figure.
Factors to Consider
As a leading midstream energy firm, Enbridge operates an extensive oil and gas transportation network that is crucial to the energy ecosystem in the United States and Canada. ENB’s low-risk business model — with minimal exposure to commodity-price volatility — is likely to have generated stable earnings, underpinned by long-term contracts. The company’s Liquids Pipelines segment, which contributes to the majority portion of adjusted EBITDA, is likely to have been aided by steady pipeline volumes from the Mainline System in the to-be-reported quarter. Furthermore, ENB’s Gas Transmission assets, also backed by long-term contracts, are expected to have supported its earnings and cash flows.
These factors might have positively impacted demand and pricing dynamics, potentially aiding Enbridge’s quarterly performance.
Earnings Whispers
Our proven model indicates an earnings beat for ENB this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is just the case here, as you will see below.
Earnings ESP: Enbridge has an Earnings ESP of +0.35%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Here are some other stocks that you may want to consider, as these, too, have the right combination of elements to post an earnings beat this reporting cycle.
Canadian Natural Resources (CNQ - Free Report) is a Calgary-based independent energy company. It currently has an Earnings ESP of +14.50% and a Zacks Rank #3.
Canadian Natural Resources is scheduled to release second-quarter 2025 earnings on Aug. 7. The Zacks Consensus Estimate for CNQ’s earnings is pegged at 44 cents per share, indicating a 31.25% decrease from the prior-year reported figure.
MPLX LP (MPLX - Free Report) currently has an Earnings ESP of +1.36% and a Zacks Rank #3.
MPLX is set to release second-quarter 2025 earnings on Aug. 5. The Zacks Consensus Estimate for MPLX’s earnings is pegged at $1.07 per share, indicating a 6.96% decline from the prior-year reported figure.
Chevron Corporation (CVX - Free Report) currently has an Earnings ESP of +3.63% and a Zacks Rank #3.
Chevron is set to release second-quarter 2025 earnings on Aug. 1. The Zacks Consensus Estimate for earnings is pegged at $1.66 per share, which indicates a decrease of 34.9% from the prior-year reported figure.
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Enbridge to Report Q2 Earnings: What's in the Offing?
Key Takeaways
Enbridge Inc. (ENB - Free Report) is set to report second-quarter 2025 results on Aug. 1, before the opening bell.
Highlights of Q1 Earnings & Surprise History
In the last reported quarter, Enbridge’s adjusted earnings of 72 cents per share beat the Zacks Consensus Estimate of 68 cents, driven by higher Adjusted EBITDA contributions from its major business segments like Liquids Pipelines, Gas Transmission, and Gas Distribution and Storage.
Earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, met in one and missed in the other, delivering an average surprise of 0.28%. This is depicted in the graph below:
Enbridge Inc Price and EPS Surprise
Enbridge Inc price-eps-surprise | Enbridge Inc Quote
Estimate Trend
The Zacks Consensus Estimate for second-quarter earnings per share of 41 cents has witnessed one downward and one upward revisions in the past 30 days. The estimated figure suggests a decline of 2.38% from the prior-year reported number.
The Zacks Consensus Estimate for revenues of $9.11 billion indicates a 9.9% increase from the year-ago recorded figure.
Factors to Consider
As a leading midstream energy firm, Enbridge operates an extensive oil and gas transportation network that is crucial to the energy ecosystem in the United States and Canada. ENB’s low-risk business model — with minimal exposure to commodity-price volatility — is likely to have generated stable earnings, underpinned by long-term contracts. The company’s Liquids Pipelines segment, which contributes to the majority portion of adjusted EBITDA, is likely to have been aided by steady pipeline volumes from the Mainline System in the to-be-reported quarter. Furthermore, ENB’s Gas Transmission assets, also backed by long-term contracts, are expected to have supported its earnings and cash flows.
These factors might have positively impacted demand and pricing dynamics, potentially aiding Enbridge’s quarterly performance.
Earnings Whispers
Our proven model indicates an earnings beat for ENB this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is just the case here, as you will see below.
Earnings ESP: Enbridge has an Earnings ESP of +0.35%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Zacks Rank: ENB currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Other Stocks to Consider
Here are some other stocks that you may want to consider, as these, too, have the right combination of elements to post an earnings beat this reporting cycle.
Canadian Natural Resources (CNQ - Free Report) is a Calgary-based independent energy company. It currently has an Earnings ESP of +14.50% and a Zacks Rank #3.
Canadian Natural Resources is scheduled to release second-quarter 2025 earnings on Aug. 7. The Zacks Consensus Estimate for CNQ’s earnings is pegged at 44 cents per share, indicating a 31.25% decrease from the prior-year reported figure.
MPLX LP (MPLX - Free Report) currently has an Earnings ESP of +1.36% and a Zacks Rank #3.
MPLX is set to release second-quarter 2025 earnings on Aug. 5. The Zacks Consensus Estimate for MPLX’s earnings is pegged at $1.07 per share, indicating a 6.96% decline from the prior-year reported figure.
Chevron Corporation (CVX - Free Report) currently has an Earnings ESP of +3.63% and a Zacks Rank #3.
Chevron is set to release second-quarter 2025 earnings on Aug. 1. The Zacks Consensus Estimate for earnings is pegged at $1.66 per share, which indicates a decrease of 34.9% from the prior-year reported figure.