TSX:ENBOil and Gas
Why Enbridge (TSX:ENB) Is Down 6.8% After Q2 Profit Drop And New ESOP Share Shelf
Enbridge Inc. has already reported second-quarter 2026 results, with revenue rising to CA$29.32 billion while net income fell to CA$1.50 billion, and it also filed an approximately US$831.45 million common share shelf for an ESOP-related offering.
Despite lower earnings per share year over year, Enbridge’s Board maintained its quarterly CA$0.97 common dividend and a wide range of preferred share dividends, underscoring its ongoing focus on returning cash to shareholders.
We’ll now examine...