Enbridge Inc. maintained its 2026 adjusted EBITDA target after reporting third-quarter growth in distributable cash flow and adjusted earnings per share, even as operating cash flow declined.
The company reported C$2.689 billion in distributable cash flow, compared with C$2.566 billion a year earlier. Operating cash flow was C$2.703 billion, compared with C$2.868 billion in the prior-year quarter.
Adjusted earnings per share, a non-GAAP measure, were C$0.49, up from C$0.46. Adjusted EBITDA reached C$4.434 billion, compared with C$4.267 billion a year earlier.
For 2026, Enbridge left its adjusted EBITDA range at C$20.2 billion to C$20.8 billion. EconoTimes previously covered the company's earnings and segment results in its report on Enbridge's third-quarter results.
