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Company Description

Contact Info

200, Fifth Avenue Place

425 - 1st Street S.W.

Calgary, AB T2P 3L8

Canada

Phone: 403-231-3900

Fax: 403-231-3920

66.7% interest in the United States segment of Alberta Clipper to EEP. Corporate segment This segment consists of various functions, which support the company as a whole, including Finance, Human Resources, Information Technology, Legal, Public and Government Affairs and other back-office functions. This segment also consists of the company’s 38.9% investment in Noverco Inc. common shares, new business development activities, and general corporate investments. Significant Events In May 2016, EDF Energies Nouvelles announced a new partnership agreement with Enbridge Inc. The agreement covers the development, construction and operation of three French offshore wind farms, totaling 1,400 MW of installed capacity. History The company was founded in 1949. It was incorporated in 1970 under the Companies Ordinance of the Northwest Territories and was continued under the Canada Business Corporations Act in 1987. The company was formerly known as Interprovincial Pipe Line System Inc. and changed its name to IPL Energy Inc. in 1994. Further, the company changed its name to Enbridge Inc. in 1998.

 

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ENB

Industry Average

Valuation ENB Industry Range
Price/Earnings 36.9x
Price/Sales 1.4x
Price/Book 3.7x
Price/Cash Flow 13.3x
TEV/Sales NM Not Meaningful
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