- Enbridge posted reasonably solid year-over-year growth in pretty much every measure of financial performance.
- The company is not able to directly benefit from the sharp increase in energy prices that we saw over the past year.
- Enbridge saw volume growth due to the new projects that it put into operation during the past year.
- The company's renewables business was weaker than last year but at least it is cash flow positive.
- The company managed to hike its dividend again and it does appear able to afford the higher rate.
For further details see:
Enbridge: Reasonable Results, Dividend Growth, Renewables A Drag