Enbridge’s $1.4 Billion Pipeline Gamble: How It Could Shake Up Global Oil Markets?

Enbridge Inc. has reported a robust second quarter for 2025, with record-setting EBITDA primarily driven by its U.S. gas utilities and advantageous rate settlements in their Gas Transmission business. The organization is on track to reach the higher end of its EBITDA guidance for the year and expects to meet its Distributable Cash Flow (DCF) per share midpoint. The company’s sound financial position, evidenced by a debt-to-EBITDA ratio of 4.7x as of June 30, is buttressed by earnings gains from recent U.S. gas utility acquisitions and sustained high asset utilization. Enbridge has made significant strides in growth initiatives, including the acquisition of a 10% interest in the Matterhorn Express pipeline and an upsizing of the Traverse Pipeline project. Additionally, the company has continued its milestones in indigenous partnerships, as exemplified by an investment on its West Coast system by a consortium of indigenous groups.