Discontinued — last reported Q4 '23
Business Segments · Other long-term investments
Elimination And Other — Other long-term investments
Enbridge Elimination And Other — Other long-term investments decreased by 11.9% to $430M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2023Feb 9, 2024
Rolls up toOther Non-Current Assets
How to read this metric
An increase typically indicates higher corporate-level capital deployment into strategic initiatives or non-core ventures, while a decrease may signal divestitures or the maturation of corporate investments.
Detailed definition
This metric represents the carrying value of long-term financial interests and strategic investments held at the corpora...
Peer comparison
Peers in the midstream energy sector often report similar figures under 'Corporate and Other' or 'Unallocated Assets,' representing corporate-level investments, venture capital-style energy projects, or legacy non-core holdings.
Metric ID:
enb_segment_eliminations_and_other_other_long_term_investmentsHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $290M | $488M | $430M |
| QoQ Change | — | +68.3% | -11.9% |
| YoY Change | — | +68.3% | -11.9% |
Range$290M – $488M
Avg YoY Growth+28.2%
Median YoY Growth+28.2%
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Frequently Asked Questions
- What is Enbridge's elimination and other — other long-term investments?
- Enbridge (ENB) reported elimination and other — other long-term investments of $430M in Q4 2023.
- What does elimination and other — other long-term investments mean?
- The value of long-term corporate investments and assets not assigned to any specific business unit.