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
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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