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Enbridge reports strong first quarter – New Business Ethiopia


Highlights
– First quarter GAAP earnings of $1.9 billion or $0.94 per common share, compared with GAAP loss of $1.4 billion or $0.71 per common share in 2020.
– Adjusted earnings of $1.6 billion or $0.81 per common share, compared with $1.7 billion or $0.83 per common share in 2020
– Adjusted earnings before interest, income taxes and depreciation and amortization (EBITDA) of $3.7 billion, compared with $3.8 billion in 2020
– Cash Provided by Operating Activities of $2.6 billion, compared with $2.8 billion in 2020
-Distributable Cash Flow (DCF) of $2.8 billion or $1.37 per common share, compared with $2.7 billion or $1.34 per common share in 2020
-Reaffirmed 2021 full year guidance range of EBITDA of $13.9 billion to $14.3 billion and DCF per share of $4.70 to $5.00 ....

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