Enbridge Q3 EBITDA Rises on Higher Gas Transmission, Distribution Rates

Enbridge Inc. reported its third quarter 2026 financial results, noting an increase in adjusted EBITDA of $167 million compared to the same period in 2025. The company's performance was driven by increased revenues from rate settlements at East Tennessee Natural Gas and Texas Eastern Transmission, as well as higher rates at Enbridge Gas Utah and Enbridge Gas North Carolina. Additionally, Enbridge successfully placed over $3 billion of gas transmission projects into service during the quarter. Management reaffirmed the company's 2026 financial guidance, supported by a $38 billion growth backlog and ongoing major acquisitions.