(VIANEWS) – The NYSE opens in less than one hour and Enbridge‘s pre-market value is already 6.97% down.
Enbridge’s last close was $35.29, 18.01% below its 52-week high of $43.04.
The last session, NYSE ended with Enbridge (ENB) dropping 0.62% to $35.29. NYSE dropped 0.93% to $15,942.48, following the last session’s downward trend on what was a somewhat negative trend trading session.
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in the natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Earnings Per Share
As for profitability, Enbridge has a trailing twelve months EPS of $1.38.
Enbridge has a trailing twelve months price to earnings ratio of 25.57. Meaning, the purchaser of the share is investing $25.57 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.44%.
Today’s last reported volume for Enbridge is 3915001 which is 84.56% below its average volume of 4054060.
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