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Pipeline operator Enbridge's profit rises as shipments increase

Published 2015-11-05, 07:08 a/m
© Reuters.  Pipeline operator Enbridge's profit rises as shipments increase
ENB
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Nov 5 (Reuters) - Enbridge Inc ENB.TO , Canada's largest
pipeline company, reported a 15.7 percent rise in quarterly
adjusted profit, helped by increased throughput as producers
moved more oil by pipelines than on rail.
The Calgary-based company's adjusted earnings rose to C$399
million ($303.4 million), or 47 Canadian cents per share, in the
third quarter ended Sept. 30, from C$345 million, or 41 Canadian
cents per share, a year earlier. urn:newsml:reuters.com:*:nCCNcxbzD
($1 = 1.32 Canadian dollars)

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