Enbridge Q3 Profit Nearly Doubles to $1.29 Billion on Natural Gas Strength and Derivative Gains

Enbridge Inc. reported third-quarter net profit of $1.29 billion, nearly double the $682 million it earned in the same period a year earlier, driven by strength in its natural gas businesses and gains on derivatives. The Canadian energy infrastructure company also reported higher adjusted EBITDA for the quarter.

Alongside the earnings report, Enbridge placed more than $3 billion worth of gas transmission projects into service, marking a significant milestone in its capital program. The company reaffirmed its financial guidance for fiscal 2026 as well as its medium-term outlook, signaling confidence in continued performance across its pipeline and gas distribution network.