Enbridge Q2 FY26 GAAP earnings fall 36% to C$ 1.4 billion; adjusted EBITDA rises 2.84% to C$ 4.8 billion - ENB News | RalliesEnbridge Q2 FY26 GAAP earnings fall 36% to C$ 1.4 billion; adjusted EBITDA rises 2.84% to C$ 4.8 billion
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ENB• Q2 results and guidance
- Q2 2026 GAAP earnings attributable to common shareholders fell to CAD 1.4 billion, down 35.9%, EPS dropped to CAD 0.64, down 36%.
- Adjusted EBITDA rose to CAD 4.8 billion, up 2.84%, while adjusted EPS edged down to CAD 0.63, down 3.08%.
- Operating cash flow climbed to CAD 4.1 billion, up 26.98%; distributable cash flow was CAD 2.9 billion, up 1.55%.
- Secured growth backlog expanded to about CAD 41 billion; sanctioned the USD 1 billion Line 5 Relocation in Wisconsin, targeting early 2027 in-service.
- Reaffirmed 2026 guidance for adjusted EBITDA of CAD 20.2 billion-CAD 20.8 billion; DCF per share of CAD 5.70-CAD 6.10.
