Enbridge
Enbridge is a leading North American energy infrastructure company that operates a diversified portfolio of pipelines, utilities, and renewable power facilities. The company provides essential energy delivery services through long-term contracts and regulated frameworks, focusing on the transportation, storage, and distribution of crude oil and natural gas, alongside growing investments in renewable energy and lower-carbon solutions.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
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Liquids Pipelines
primaryOperates the world's largest crude oil and liquids network, transporting various grades of hydrocarbons across Canada and the US. This segment connects major supply basins like the WCSB and Permian to key refinery hubs and export terminals.
Mainline System, Regional Oil Sands System, Seaway Pipeline, Gray Oak Pipeline, Enbridge Ingleside Energy Center (EIEC), Southern Lights Pipeline, Bakken Pipeline System
Crude oil producers, Refiners, Physical commodity marketers
Gas Transmission
majorInvests in and operates an extensive network of natural gas pipelines and gathering, processing, and storage facilities. It serves as a critical link between prolific supply basins and major demand centers, including LNG export facilities.
Texas Eastern Transmission, Algonquin Gas Transmission, BC Pipeline, Whistler Pipeline, Matterhorn Express Pipeline, Dawn Hub, Aitken Creek storage
Local distribution companies, Electric utilities, Industrial users, LNG exporters
Gas Distribution and Storage
majorOperates rate-regulated natural gas utilities providing distribution, transportation, and storage services. It serves millions of customers across multiple Canadian provinces and US states through extensive pipeline networks and underground storage pools.
Enbridge Gas Ontario, Enbridge Gas Ohio, Enbridge Gas Utah, Wexpro, Tecumseh Gas Storage, Magna LNG
Residential consumers, Commercial businesses, Industrial customers
Renewable Power Generation
moderateManages a portfolio of wind, solar, and geothermal power generation facilities across North America and Europe. Revenue is primarily secured through long-term power purchase agreements (PPAs).
Orange Grove Solar, Sequoia Solar, Courseulles (Calvados) Offshore Wind, Provence Grand Large, Clear Fork Solar
Electric utilities, Corporate electricity end-users, Government power authorities
Segment Financials
Liquids Pipelines — Revenue Not From Contract With Customer
View metricLiquids Pipelines — General And Administrative Expense
View metricLiquids Pipelines — Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest
View metricGas Transmission — Revenue Not From Contract With Customer
View metricGas Transmission — General And Administrative Expense
View metricGas Transmission — Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest
View metricGas Distributionand Storage — General And Administrative Expense
View metricGas Distributionand Storage — Revenue Not From Contract With Customer
View metricGas Distributionand Storage — Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest
View metricRenewable Power Generation — Revenue Not From Contract With Customer
View metricRenewable Power Generation — General And Administrative Expense
View metricRenewable Power Generation — Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest
View metricBusiness Overview
Competitive Position
Enbridge is the largest transporter of crude oil to the US and operates the largest integrated underground storage facility in Canada, maintaining a dominant midstream position through high-quality, long-life assets.
Geographies
Canada, United States, United Kingdom, France, Germany
Customer Segments
Energy Producers, Industrial Manufacturers, Residential Utility Customers, Commercial Enterprises
Upstream Dependencies
Crude oil and natural gas producers, Pipeline equipment manufacturers, Renewable energy technology providers (wind turbines, solar panels), Financial capital markets
Downstream Customers
Oil refineries, Natural gas power plants, LNG export terminals, Residential and commercial heating end-users
Competitors & Partners
Competitors
Partners
Occidental Petroleum
OXY
Partner in the Pelican Carbon Dioxide (CO2) Hub
Oneok
OKE
Joint venture partner in the MXP Parent JV
MPLX
MPLX
Joint venture partner in the MXP Parent JV
Duke Energy
DUK
Customer for the T-15 Reliability Project
Cheniere Energy
LNG
Customer for the ADCC Pipeline serving their LNG export facility
Subsidiaries
Enbridge Gas Inc.
Major natural gas utility subsidiary in Ontario
Westcoast Energy Inc.
Canadian gas transmission subsidiary
Wexpro Company
Natural gas development and production subsidiary
Tomorrow RNG
Wholly owned renewable natural gas subsidiary
Enbridge FAQ
Common questions about Enbridge
Enbridge is a leading North American energy infrastructure company that operates a diversified portfolio of pipelines, utilities, and renewable power facilities. The company provides essential energy delivery services through long-term contracts and regulated frameworks, focusing on the transportation, storage, and distribution of crude oil and natural gas, alongside growing investments in renewable energy and lower-carbon solutions.
Enbridge (ENB) has a market capitalization of $126.74B and trades on NYSE.
Enbridge generated $69.0B in trailing twelve-month revenue with net income of $6.9B, representing a net margin of 10.0%, with free cash flow of $1.9B. These figures are based on the Q1 2026 filing.
Enbridge's key competitors include Kinder Morgan, Enterprise Products Partners, Williams Companies Inc., and others. These companies compete in similar markets and product categories.
Enbridge has approximately 11,500 employees.