Enbridge Inc (ENB.TO)
23 May 2018
Fri, May 18 2018
Pipeline operators Enbridge Inc , Williams Cos and Cheniere Energy Inc said on Thursday they would restructure after a U.S. rule change removed a key tax benefit for publicly traded partnerships controlled by those companies.
* Expect more MLPs to be absorbed - investor (Adds Breakingviews link)
May 17 Enbridge Inc said on Thursday it would bring its sponsored vehicles and all liquids and gas pipeline assets under a single listed entity as part of a move to streamline its corporate and capital structure.
NEW YORK, May 10 * The Toronto Stock Exchange's S&P/TSX rose 48.69 points, or 0.31 percent, to 15,959.50. * The biggest contributor to the TSX gain was Enbridge, up 1.9 percent, to add 9.45 net index points after the pipeline company posted quarterly results and said it may sell more assets this year. Materials was the top sector contributor with a 15 net points boost.
CALGARY, Alberta Enbridge Inc may sell more assets than expected this year, seeing strong interest from potential buyers after achieving a goal this week for 2018 divestitures.
CALGARY, Alberta, May 10 Enbridge Inc may sell more assets than expected this year, seeing strong interest from potential buyers after achieving a goal this week for 2018 divestitures.
Canada's main index opened higher on Thursday as strong results from Enbridge boosted the energy sector, while gold miners gained with higher prices for the precious metal.
May 10 Enbridge Inc's first-quarter profit fell 30 percent as Canada's biggest pipeline operator incurred higher costs for debt-servicing and income taxes.
* Q1 EARNINGS PER SHARE VIEW C$0.66 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:
Enbridge Inc will sell a U.S. gas pipelines business and part of its renewable energy portfolio for a combined $2.5 billion, the Canadian pipeline operator said on Wednesday, achieving the first step in its debt reduction plan.