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Enbridge reports increased adjusted earnings and reaffirms annual guidance

The Motley Fool +1 · ·by G4L

ENB Enbridge Inc
$47.76 +0.76%
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  1. 1Enbridge Inc. third-quarter adjusted EBITDA increased by $167 million compared to the same period last year.
  2. 2Enbridge Inc. completed the issuance of $3 billion in common shares in the third quarter.
  3. 3President Gregory Ebel will retire on December 31, and Michelle Harderds will succeed him as CEO on January 1.

So what's the key point?

Enbridge Inc. earned $167 million more in the third quarter than it did last year. The company issued new shares and is also planning a change in leadership.

Source The Motley Fool +1 · View original ↗

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