je.st
news
Canada: Enbridge Reports First Quarterly Loss in Two Years
2014-02-17 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Enbridge Inc. (ENB), the largest transporter of Canadian crude to the U.S., reported its first quarterly loss in two years on hedging contracts. The fourth-quarter net loss was C$267 million ($244 million), or 32 cents a share, compared with a profit of C$146 million, or 18 cents, a year earlier, the Calgary-based company said today in a statement. Excluding one-time items, the company reported a 44-cent per-share profit, missing the 45-cent average of 14 analysts estimates compiled by Bloomberg....
Tags: two
years
canada
reports
Category:Electronics and Electrical