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By Arshreet Singh and Rod Nickel | By Arshreet Singh and Rod Nickel |
Feb 10 (Reuters) - North American pipeline operator Enbridge Inc on Friday posted a quarterly loss from a year-ago profit as it took a non-cash C$2.5 billion ($1.86 billion) hit from higher cost of capital related to its natural gas transmission business. | Feb 10 (Reuters) - North [[https://www.fool.com/search/solr.aspx?q=American%20pipeline|American pipeline]] operator Enbridge Inc on Friday posted a quarterly loss from a year-ago profit as it took a non-cash C$2.5 billion ($1.86 billion) hit from higher cost of capital related to its natural gas transmission business. |
U.S. | U.S. |
refinery outages, a global glut of high sulphur fuel oil and the U.S. Strategic Petroleum Reserve releases of heavy sour barrels weakened demand [[https://evigetir.com/evdeneve/evden-eve-google.html|EvDEn eVE nAKliYAt]] for Western Canada Select crude in the fourth quarter. | refinery outages, a global glut of high sulphur fuel oil and the U. If you treasured this article and also you would like to collect more info pertaining to [[https://evigetir.com/evdeneve/hakkimizda.html|eVDeN Eve NaKLiyAt]] please visit our webpage. S. Strategic Petroleum Reserve releases of heavy sour barrels weakened demand for Western Canada Select crude in the fourth quarter. |
Enbridge, a leading transporter of crude oil and [[https://justiceforuswgowiki.ml/index.php/I_Ordered_A_Brand_New_%C2%A3999_Apple_IPhone_14_Plus_From_Amazon_But_When_The_Package_Arrived_It_Contained_Two_Candles_And_No_Sign_Of_The_Mobile|evdeN EVe nakliyAT]] natural gas, delivered 3.1 million barrels of oil per day (bpd) on its Mainline system, slightly higher than the 3 million bpd delivered a year ago. | Enbridge, a leading transporter of crude oil and natural gas, delivered 3.1 million barrels of oil per day (bpd) on its Mainline system, slightly higher than the 3 million bpd delivered a year ago. |
The Calgary-based company lost C$1.07 billion, or 53 Canadian cents, in the fourth quarter, compared with a profit of C$1.84 billion, or [[https://evigetir.com/montaj%20-%20Kopya.html|eVdEN eve nAkliyAT]] 91 Canadian cents per share, in the year-ago quarter. | The Calgary-based company lost C$1.07 billion, or 53 Canadian cents, in the fourth quarter, compared with a profit of C$1.84 billion, [[https://gloriouspropertyinnovations.com/nhl-roundup-sharks-end-lightnings-record-win-streak-in-ot-8/|EVDEn EVE nakLiYat]] or evDen EVE nAKLiyAT 91 Canadian cents per share, in the year-ago quarter. |
Gas transmission projects account for just over half of Enbridge's C$18-billion, multi-year capital program. | Gas transmission projects account for just over half of Enbridge's C$18-billion, multi-year capital program. |
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Chief Executive Greg Ebel told analysts that Enbridge is in good [[https://www.behance.net/search/projects/?sort=appreciations&time=week&search=position|position]] to [[https://www.bing.com/search?q=manage%20inflation&form=MSNNWS&mkt=en-us&pq=manage%20inflation|manage inflation]] because the timing of its projects is staggered. | Chief Executive Greg Ebel told analysts that Enbridge is in good position to manage inflation because the timing of its projects is staggered. |
On an adjusted basis, Enbridge earned 63 Canadian cents per share, missing analysts' average expectation of 73 Canadian cents, according to Refinitiv data. | On an adjusted basis, Enbridge earned 63 Canadian cents per share, missing analysts' average expectation of 73 Canadian cents, according to Refinitiv data. |
If you have any questions pertaining to where by and how to use [[https://evigetir.com/evdeneve/evden-eve-google-nakliye-hizmeti.html|EVdEN EVe NAkLiYAt]], you can get in touch with us at our own web-site. The company cited rising interest rates in its lower adjusted earnings. | The company cited rising interest rates in its lower adjusted earnings. |
Enbridge shares rose 0.5% in Toronto. | Enbridge shares rose 0.5% in Toronto. |
Enbridge is in "constructive" negotiations with oil shippers on a new basis to charge for space on its Mainline, Ebel said, after the Canada Energy Regulator rejected in 2021 Enbridge's plan to sell nearly all of its space under long-term contract. | Enbridge is in "constructive" negotiations with oil shippers on a new basis to charge for space on its Mainline, [[https://evigetir.com/ee.html|eVDEn eve naKLiyAt]] Ebel said, [[http://tidehoopswiki.com/index.php/Back_In_February_My_Husband_And_I_Booked_A_Virgin_Cruise_For_November_2022_Through_The_Agent_Imagine_Cruising_Paying_%C2%A31_988|EVdEn evE naKliYAT]] after the Canada Energy Regulator rejected in 2021 Enbridge's plan to sell nearly all of its space under long-term contract. |
Enbridge currently rations Mainline space monthly and faces new competition when the Trans Mountain pipeline expansion wraps up late this year. | Enbridge currently rations Mainline space monthly and faces new competition when the Trans Mountain pipeline expansion wraps up late this year. |
The Mainline is Canada's longest oil pipeline, moving crude from Western Canada to refineries in Eastern Canada and the U.S. | The Mainline is Canada's longest oil pipeline, [[https://evigetir.com/evdeneve/depolama.html|eVDEn EvE NAkLiYAT]] moving crude from Western Canada to refineries in Eastern Canada and the U.S. |
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Midwest. ($1 = 1.3447 Canadian dollars) (Reporting by Arshreet Singh and Rod Nickel; Editing by Devika Syamnath and Marguerita Choy) | Midwest. ($1 = 1.3447 Canadian dollars) (Reporting by Arshreet Singh and Rod Nickel; Editing by Devika Syamnath and Marguerita Choy) |
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