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Enbridge beats expectations, reporting $378M in profit in 4th quarter

2016-02-19 19:18:15| Oil & Gas - Topix.net

Al Monaco, president and CEO of Enbridge Inc., says the company brought a total of 14 development projects worth $8 billion into service in 2015. Enbridge beat expectations with a $378 million profit and $494 million in adjusted earnings in the fourth quarter, a period when it completed several pipeline projects including the reversal and expansion of Line 9B in southern Ontario.

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