Enbridge Reaffirmed Its 2024 Full Guidance Of EBITDA Of C$16.6B-C$17.2B And DCF Per Share Of C$5.40-C$5.80
Portfolio Pulse from Benzinga Newsdesk
Enbridge has reaffirmed its 2024 financial guidance, expecting EBITDA of C$16.6B-C$17.2B and DCF per share of C$5.40-C$5.80. The company anticipates strong asset utilization and operating performance, including average Mainline volumes of 3.0 million barrels per day.
May 10, 2024 | 11:14 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Enbridge reaffirms its 2024 financial guidance, indicating confidence in its operational performance and asset utilization.
Reaffirming financial guidance, especially with specific figures for EBITDA and DCF per share, is a positive signal to investors about the company's future performance and stability. This announcement is likely to instill confidence in investors, potentially leading to a positive short-term impact on Enbridge's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100