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BRIEF-Enbridge Announces 2021 Financial Guidance, Increases Dividend, Provides Update On Strategic Priorities

Published 2020-12-08, 07:13 a/m
© Reuters.
ENB
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Dec 8 (Reuters) - Enbridge Inc ENB.TO :

* ENBRIDGE ANNOUNCES 2021 FINANCIAL GUIDANCE, INCREASES DIVIDEND, AND PROVIDES UPDATE ON STRATEGIC PRIORITIES

* ENBRIDGE INC - EXPECTS FULL-YEAR 2020 DCF PER SHARE TO BE NEAR MID-POINT OF $4.50 TO $4.80 GUIDANCE RANGE

* ENBRIDGE INC -SEES 2021 PROJECTED DCF PER SHARE OF $4.70 TO $5.00

* ENBRIDGE INC - SEES 2021 EBITDA OF $13.9 BILLION TO $14.3 BILLION

* ENBRIDGE - EXECUTION OF $16 BILLION SECURED GROWTH CAPITAL PROGRAM CONTINUES TO ADVANCE, GENERATING ABOUT $2 BILLION OF EXPECTED EBITDA GROWTH FROM 2021-2023

* ENBRIDGE INC - CONSTRUCTION HAS COMMENCED ON REMAINING MINNESOTA LEG OF U.S. LINE 3 REPLACEMENT PROJECT

* ENBRIDGE INC - ANTICIPATES THAT LINE 3 REPLACEMENT PROJECT WILL BE IN SERVICE IN Q4 OF 2021

* ENBRIDGE INC - RE-AFFIRMATION OF 5-7% AVERAGE LONG-TERM ANNUAL DISTRIBUTABLE CASH FLOW PER SHARE GROWTH OUTLOOK

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