Enbridge | Latest News & Updates - Feb 04, 2025 Release

On February 4, 2025, Enbridge's stock price on the TSX increased to CAD $63.03 with a 0.74% gain, while on the NYSE it decreased to USD $43.99 with a 2.49% gain...


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Enbridge

🌎 enbridge.com

Enbridge is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. The company is a leader in energy transportation and distribution in North America, operating pipelines that transport crude oil, natural gas, and natural gas liquids. Enbridge also generates renewable energy and is committed to providing a secure, reliable, and affordable supply of energy through its core businesses, which include liquids pipelines, natural gas pipelines, gas utilities and storage, and renewable energy.


Enbridge - Latest News and Updates

  • On February 4, 2025, Enbridge's stock price on the TSX increased to CAD $63.03 with a 0.74% gain, while on the NYSE it decreased to USD $43.99 with a 2.49% gain.
  • Orlando Joffre has joined Enbridge as an Advisor in Valuation & Structuring within the Power M&A and Strategy team.
  • Enbridge is expected to be significantly impacted by new U.S. tariffs on energy imports, which could widen the price gap for Canadian oil by $3 to $4 per barrel.
  • Enbridge is hiring an Advisor for their Tidal Energy Marketing Team, requiring a business or accounting degree and strong problem-solving skills, with applications closing on February 13, 2025.
  • The Retail Price Adjustment at Enbridge Gas Ohio for 2025-26 will increase by 150% to $0.50 per Mcf, pending PUCO approval.
  • Enbridge announced a new initiative 'STEAM-ing toward brighter futures in the Space City' on January 30, 2025, replacing a previous focus on solar energy projects in Texas.
  • Enbridge has petitioned the Federal Trade Commission to reopen and set aside a 2017 order regarding ownership interests in competing natural gas pipelines, with comments due by March 3, 2025.
  • Enbridge collaborated with North Carolina 811 and Piedmont Natural Gas to promote safe digging at the Annual NC Fire Chiefs Conference in Concord on January 30.

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