Enbridge Inc. (TSX: ENB; NYSE: ENB) Supplemental Investor Package: Covering Our Resiliency & Strength Investment Community Presentation March 2020
N. Americas Premier Energy Infrastructure Company 25% of North Americas crude oil transported 20% of natural gas consumed in the U.S 13.7B 3.8M gas utility customers 2020e EBITDA1 Gas Transmission Liquids 1.8GW of…
Low Risk Business Model Built for Resiliency Best-in-Class Commercial Underpinning Credit Worthy Counterparties 98% 95% COS/ Contracted/ Investment CTS Grade Cost of Service / Investment Contracted / CTS1 Grade3 Low Risk Low…
Liquids Pipelines Strong Demand-Pull Assets Mainline Critical to North American Markets Integral to PADD II & PADD III Steady Mainline Throughput (kbpd) 3,000 Financial Commodity Alberta 100 Mainline system connects to Crisis Price…
Liquid Pipelines Commercial Profile 2019 Liquids Pipelines EBITDA by Asset1 Top 10 Customers Investment Grade Counterparties Imperial Oil (AA) 12% Regional Oil Sands Long Term Take-or-Pay BP (A-) Suncor (BBB+) 30% Canadian…
Gas Transmission Last Mile Market Connectivity Gas Transmission serves large regional end use consuming markets 15 bcfd Serves regional markets with 170 million people First and last mile connectivity Top 10 customers primarily 4…
Gas Transmission Commercial Profile EBITDA by Asset1 (As of 12/31/19) 2019 Reservation Revenue Credit Exposure (As of 12/31/19) 4000 91% 7% Other (Mixed) Avg contract 3500 5% DCP/ Aux Sable (Mixed) term 5% Alliance (Take or…
Gas Distribution & Storage World Class Gas Utility Comparable Residential Gas Distribution & Storage Annual Heating Bills (/year) 2019 Distribution Revenues 2,597 29% Commercial 2,078 2,032 ONTARIO OTTAWA 68% 67% 58% 57%…
Secured Capital Program Projects in Execution ( billions) Cumulative EBITDA Growth from Expenditures Capital through 2019 Secured Projects (C billions) Project Expected ISD (B) (B) Commercial Framework Line 3 Replacement U.S.…
Balance Sheet Strength & Flexibility Consolidated Debt to EBITDA1 7.0x 6.0x Target Range: 2020 Capital Expenditures & Funding (B) 4.5x to 5.0x 5.0x 4.0x 8.5B 3.0x of Excess 12B 2015 2016 2017 2018 2019 2020e 2021e Liquidity…
Best-in-Class Risk Profile Strong Credit Ratings & Business Risk Assessments Business Risk Credit Metric Assessment The company has limited direct commodity price exposure, with approximately 98% BBB+ Excellent of its cash flows…
Enbridges Value Proposition Our business is resilient over the long-term Our low risk business model provides stability We will grow in a disciplined manner We are delivering on our commitments Critical infrastructure, lowest…