The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Enbridge’s Earnings Shed Restructuring Charges in the Second Quarter

After a first quarter filled with integration and restructuring charges, Enbridge‘s (NYSE: ENB) second-quarter earnings were surprisingly devoid of these expenses. This should have given us a clearer picture of the earnings power that Enbridge has now that it has completed the merger with Spectra Energy. That wasn’t necessarily the case, though, as the company started a major maintenance program on possibly its most critical asset. 

Let’s sift through Enbridge’s most recent earnings results to see how this oil and gas behemoth is progressing post-merger.

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