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Home > Company Index > Energy > Oil & Gas Pipelines & Storage > Enbridge Inc.

Enbridge Inc.
Nasdaq: ENBR
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 PROFILE
Cold spells heat up business for Enbridge (formerly IPL Energy). The company's gas utilities provide natural gas to 1.5 million customers in Ontario, Quebec, and northern New York State. Enbridge also owns an electric utility in Ontario and holds a 32% stake in a gas provider (Noverco) serving Quebec and Vermont. A major crude oil and liquids transporter, Enbridge has pipeline systems extending across Canada and much of the US; it expanded into the southern US in 2001 by buying pipeline operator Midcoast. The company transports more than 2 million barrels of oil a day, and it's moving to increase the system's capacity. Enbridge is growing internationally through investments in pipelines in Colombia and Venezuela.

 COMPETITION
Hydro One Inc. (dossier)
TransCanada PipeLines Limited (TRP)
Westcoast Energy Inc. (WE)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,963.70
1-Yr. Sales Growth: 5.7%
Employees: 5,500
Revenue per employee: $357,036.36

 KEY PEOPLE
• Patrick D. Daniel
    CEO
• Derek P. Truswell
    CFO

 CONTACT INFO
3000 Fifth Ave. Place, 425 - 1st St. Southwest
Calgary Alberta T2P 3L8, Canada
Phone: 1-403-231-3900
Fax: 1-403-231-3920
Online: Web Site

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