Enbridge stock sets a November 6 results date after Q2 growth

Published on 10/06/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enbridge stock was at USD 46.33 on October 6, 2026, while analysts set a USD 65.88 average target. Q2 adjusted EBITDA rose 2.8 percent to CAD 4.8 billion.

ENB, CA29250N1050, Illustration mit AI erstellt.

Enbridge stock (ISIN CA29250N1050) was trading at USD 46.33 on the NYSE on October 6, 2026 at 11:22 a.m. ET, up 0.62 percent from the prior close. The company has scheduled its third-quarter 2026 results for November 6, giving the next reporting date a firm place on the market calendar.

November 6 sets the next checkpoint

According to Enbridge on October 5, 2026, the company will release its third-quarter results before markets open on November 6, followed by a webcast at 9:00 a.m. ET. The date matters because the second-quarter figures combined operating growth with higher financing and depreciation costs.

The scheduled release follows Enbridge's September capital actions and the Tallgrass crude transportation agreement, which expanded its North American liquids platform. The upcoming report will show whether that expansion is translating into additional cash generation during the second half of 2026.

Q2 EBITDA rose 2.8 percent

Zacks reported on August 3, 2026 that Enbridge's second-quarter 2026 adjusted EBITDA increased 2.8 percent year over year to CAD 4.8 billion. Adjusted earnings declined 2.5 percent to CAD 1.4 billion as higher depreciation and interest expense offset operating growth.

Distributable cash flow increased 1.6 percent to CAD 2.95 billion, while DCF per share rose to CAD 1.35 from CAD 1.33. Gas Transmission adjusted EBITDA increased 2.7 percent to CAD 1.4 billion, and Renewable Power Generation adjusted EBITDA advanced 9.2 percent to CAD 131 million, according to Zacks.

Consensus target stays above the quote

According to MarketBeat on October 6, 2026, fourteen research firms give Enbridge a Moderate Buy consensus. Eight analysts rate the stock Buy, five rate it Hold and one rates it Strong Buy; the average 12-month target is USD 65.88, which lies 42.2 percent above the USD 46.33 price.

The spread between operating progress and earnings pressure is the central issue for the November report. Enbridge's Q2 adjusted EBITDA grew, but adjusted earnings moved lower, leaving project execution, capital costs and cash-flow conversion as the figures most likely to shape the next market reaction.

NYSE quote remains below yearly high

Enbridge was trading at USD 46.33 on the NYSE on October 6, 2026 at 11:22 a.m. ET. The session range was USD 45.82 to USD 46.33, the 52-week range was USD 45.03 to USD 58.45, and market capitalization stood at USD 101.2 billion.