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Posted by
Two Blokes May 11 -
Filed in
Stock
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Enbridge Inc. reported record first-quarter 2025 earnings, with a 67.62% revenue increase and a 59.11% net income rise year-over-year. Despite strong financial performance, Enbridge's stock underperformed the MSCI Canada Index over the five-day period that included the results. Enbridge's natural gas utilities helped it during the quarter, but they will not be as helpful over the next few quarters. The company's forward results may exhibit some seasonality.
