Discontinued — last reported Q4 '23
Business Segments · Goodwill
Energy Services — Goodwill
Enbridge Energy Services — Goodwill remained flat by 0.0% to $2.00M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2023
Rolls up toGoodwill
How to read this metric
A stable or growing balance reflects historical acquisition activity, while a sudden decrease suggests impairment charges.
Detailed definition
This represents the intangible asset created when the purchase price of an acquired energy services business exceeds the...
Peer comparison
Most large midstream companies carry significant goodwill on their balance sheets due to historical industry consolidation.
Metric ID:
enb_segment_energy_services_goodwillHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | 2M | 2M | 2M |
| QoQ Change | — | +0.0% | +0.0% |
| YoY Change | — | +0.0% | +0.0% |
Range2M – 2M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is Enbridge's energy services — goodwill?
- Enbridge (ENB) reported energy services — goodwill of $2.00M in Q4 2023.
- What does energy services — goodwill mean?
- The premium paid over the fair value of net assets during the acquisition of energy services businesses.