Enbridge: Set For EBITDA Growth Acceleration
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Enbridge is poised for EBITDA growth acceleration due to leadership changes in the US and Canada, and a deal with Alberta's government to double oil and gas production. January's winter seasonality is favorable for Enbridge's performance.
January 10, 2025 | 1:15 pm
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Enbridge is expected to see accelerated EBITDA growth due to leadership changes and a deal with Alberta's government to double oil and gas production. January's favorable seasonality further supports this growth.
The article highlights Enbridge's strategic deal with Alberta's government to double oil and gas production, which directly impacts its Liquid Pipelines EBITDA growth. Additionally, leadership changes in the US and Canada are expected to encourage production increases, further benefiting Enbridge. January's winter seasonality, which historically shows a high win rate and average return for Enbridge, adds to the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100