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Enbridge Lifts Net Income, Progresses with Capital Program

Enbridge Lifts Net Income, Progresses with Capital Program

SUGAR LAND--August 6, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Pipeline operator Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) lifted its second-quarter net income from C$919 million ($707.7 million) in 2017 to $1.07 billion ($824 million) in 2018. The company is progressing with a C$22 billion ($16.9 billion) capital program and expects C$7 billion ($5.4 billion) of projects to go into service this year. Industrial Info is tracking $18.6 billion in active Enbridge projects.

Within this article: Updates of some of Enbridge's major projects

Other companies featured: Fluor Corporation (NYSE:FLR)