Discontinued — last reported Q4 '24
Business Segments · Equity Method Investments
Gas Pipelines And Processing — Equity Method Investments
Enbridge Gas Pipelines And Processing — Equity Method Investments decreased by 96.7% to $49.00M in Q4 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2024
Rolls up toEquity method investments (Note 11)
How to read this metric
An increase signals expansion of the company's infrastructure footprint through strategic partnerships.
Detailed definition
This represents the carrying value of the company's investments in entities where it exercises significant influence but...
Peer comparison
Standard for midstream firms that utilize joint ventures to share capital costs and operational risks.
Metric ID:
enb_segment_gas_transmission_and_midstream_equity_method_investmentsHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | 1.7B | 1.8B | 1.5B | 49M |
| QoQ Change | — | +5.2% | -19.1% | -96.7% |
| YoY Change | — | +5.2% | -19.1% | -96.7% |
Range49M – 1.8B
Avg YoY Growth-36.9%
Median YoY Growth-19.1%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Enbridge's gas pipelines and processing — equity method investments?
- Enbridge (ENB) reported gas pipelines and processing — equity method investments of $49.00M in Q4 2024.
- What does gas pipelines and processing — equity method investments mean?
- The value of the company's ownership stakes in non-controlled gas transmission and processing partnerships.