Enbridge makes progress on utility purchases; raises earnings forecast

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 50%

Business 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Enbridge Inc. saw its second-quarter profit hit $1.85 billion, where it roughly also sat a year ago.

CALGARY — Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities.

Chief executive Greg Ebel said Friday Enbridge also expects the closure of the previously announced purchase of a third utility, the Public Service Company of North Carolina, to take place in the third quarter. The purchase of the three U.S. utilities gives Enbridge natural gas utility operations in Ohio, North Carolina, Utah, Idaho and Wyoming a significant presence in the U.S. utility sector.

Enbridge financed the acquisitions through a combination of cash and debt. It also used a portion of the proceeds from the sale of its Alliance Pipeline and Aux Sable gas processing facility, which closed in the second quarter of 2024.“Asset sales are still very much part of what we look at,” he said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Enbridge makes progress on utility purchases; raises earnings forecastCALGARY — Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Enbridge makes progress on utility purchases; raises earnings forecastThis file photo shows the Enbridge logo at the company's annual meeting in Calgary on May 9, 2018.
출처: CBCCalgary - 🏆 78. / 51 더 많은 것을 읽으십시오 »