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Enbridge Doubles Profits: Here's Why It Could Be a Power Play for Long-Term Investors

By Yahoo! Finance   |   Nov 1, 2024 at 02:16 PM EST
Enbridge Doubles Profits: Here's Why It Could Be a Power Play for Long-Term Investors

Enbridge's Q3 results saw profits double driven by acquisitions and a strong Mainline system. Despite missing analyst expectations, net income rose to C$1.29 billion. Strategic acquisitions and higher tolls led to a 51% revenue surge.

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