CALGARY — Enbridge Inc. reported its third-quarter profit nearly doubled compared with a year ago.
The pipeline company says it earned a profit attributable to common shareholders of $1.29 billion or 59 cents per share for the quarter ended Sept. 30.
The result compared with a profit of $682 million or 30 cents per share a year earlier.
On an adjusted basis, Enbridge says it earned 49 cents per share in its latest quarter compared with an adjusted profit of 46 cents per share in the third quarter of 2025.
In September, Enbridge announced a deal to buy the crude oil business of Tallgrass Energy LP in the United States.
The company also recently closed its purchase of buy Salt Creek Midstream’s crude oil gathering business in Texas.
This report by The Canadian Press was first published Nov. 6, 2026.
