Discontinued — last reported Q4 '23
Business Segments · Goodwill
Gas Transmission and Midstream — Goodwill
Enbridge Gas Transmission and Midstream — Goodwill decreased by 2.1% to $17.73B in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2023
Rolls up toGoodwill
How to read this metric
A stable or growing balance suggests confidence in the long-term value of past acquisitions.
Detailed definition
This represents the intangible asset created when the purchase price of an acquired gas transmission or midstream busine...
Peer comparison
Common for companies that have grown through significant M&A activity in the energy sector.
Metric ID:
enb_segment_gas_transmission_and_midstream_goodwillHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | 19.3B | 18.1B | 17.7B |
| QoQ Change | — | -6.4% | -2.1% |
| YoY Change | — | -6.4% | -2.1% |
Range17.7B – 19.3B
Avg YoY Growth-4.2%
Median YoY Growth-4.2%
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is Enbridge's gas transmission and midstream — goodwill?
- Enbridge (ENB) reported gas transmission and midstream — goodwill of $17.73B in Q4 2023.
- What does gas transmission and midstream — goodwill mean?
- The premium paid for past acquisitions in the gas transmission segment that remains on the balance sheet.