Enbridge stock price the Enbridge stock price climbed

The Enbridge stock price climbed roughly 0.8% last Friday, following crude oil’s minor recovery. Institutional flow data shows renewed interest from pension funds, reflecting confidence in the company’s midstream energy strategy. Watch for upcoming quarterly earnings as catalysts for price movements in the near term. For the current fiscal year, the consensus earnings estimate of $2.19 points to a change of +9.5% from the prior year. Over the last 30 days, this estimate has changed -0.1%. Adjusted EBITDA generated from U.S. dollar denominated businesses was translated to Canadian dollars at a higher average exchange rate ( C$1.38 /US$) in the second quarter of 2025 when compared with the same quarter in 2024 ( C$1.37 /US$). A significant portion of U.S. dollar earnings are hedged under the Company's enterprise-wide financial risk management program. The hedge settlements are reported within Eliminations and Other. As of midweek, Enbridge stock price continues to consolidate, suggesting market indecision ahead of key economic data releases. Pipeline throughput rates remain steady, reinforcing revenue predictability in a volatile commodities landscape.