Best Idea Enbridge: Record Mainline Throughput and an Impressive Quarter
Wide-moat Enbridge reported fourth-quarter adjusted EBITDA of CAD 3 billion, which was not materially different from our expectations. Adjusted EBITDA was up significantly from the prior year of CAD 1.8 billion. The increase in performance was attributable to the positive impact from the new assets as part of the Spectra Energy Merger coupled with record-high throughput levels on the Canadian Mainline and Lakehead systems. We anticipated high utilization of the Mainline and Lakehead system due t...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.