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Enbridge Talks 2012 Earnings, Summary
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Enbridge Inc. has detailed its 2012 results.
"Enbridge finished 2012 with a solid fourth quarter and full year results that again achieved our guidance for the year," said Al Monaco, President and Chief Executive Officer. "For the three months ended December 31, 2012 adjusted earnings totaled $327 million, or $0.42 per common share. This brings our full year 2012 adjusted earnings to $1,249 million, or $1.62 per common share, an 11% year-over-year increase. This increase is particularly noteworthy in light of the significant prefunding which we completed in the year for future growth projects."
Highlights:(all financial figures are unaudited and in Canadian dollars unless otherwise noted)
Fourth quarter earnings were $146 million; earnings for the full year were $610 million Fourth…- ✓ Full news archive — U.S., Canada & international coverage
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