ENBRIDGE INC (ENB) Form 424B5 — Sep 9, 2026
Enbridge filed a preliminary prospectus supplement (424B5) for a Canadian-dollar offering of common shares, with the share count, price and estimated net proceeds left blank pending pricing. The stock closed at C$69.69 on the TSX and US$50.48 on the NYSE on September 8, 2026, and 2,184,108,639 common shares were outstanding as of August 31, 2026.
Key figures
- Total Debt
- C$103,852 million long-term debt excluding current portion (June 30, 2026)
- Cash Position
- C$2,012 million (June 30, 2026)
- Shares Outstanding
- 2184108639
- Company lockup
- 90 days after closing
- Fx rate jun30 2026
- US$1.00 = C$1.4188
- Quarterly dividend
- $0.9700 per share ($3.88 annualized, effective March 1, 2026 dividend)
- Accumulated deficit
- C$(20,334) million
- Dividends paid 2024
- C$7.9 billion
- Dividends paid 2025
- C$8.2 billion
- Shareholders equity
- C$65,349 million (June 30, 2026)
- Tsx close sep8 2026
- C$69.69 per Common Share
- Nyse close sep8 2026
- US$50.48 per Common Share
- Total capitalization
- C$169,201 million (June 30, 2026)
- Insider participation
- approximately $1.82 million indication of interest from directors and executive officers
- Over allotment window
- 30 days after closing
- Pony express interest
- 75% equity interest
- Westcoast jv investment
- approximately $2.7 billion by KKR-advised capital accounts with Apollo funds/affiliates
- Terminal storage capacity
- approximately 8.4 million barrels
- Westcoast cash at closing
- approximately $0.7 billion received September 3, 2026
- Westcoast investor interest
- approximately 29% cumulative indirect interest when Sunrise expansion enters service
- Powder river gateway interest
- 51% equity interest
- Salt creek throughput capacity
- approximately 420,000 barrels per day
- New refining capacity connections
- approximately 500,000 barrels per day
- Commercial paper in long term debt
- $12.8 billion of outstanding commercial paper and credit facility draws
- Enbridge gas notes issued aug 2026
- $600 million at 4.65% due Aug 19, 2036 and $400 million at 5.35% due Aug 19, 2056
- Enbridge gas notes repaid aug 2026
- $300 million of 2.50% notes
- Tallgrass acquisition consideration
- US$2.55 billion cash
- Salt creek acquisition consideration
- US$600 million cash
Price after filing
1 day: -3.8%7 days: -3.6%30 days: -7.2%
Close on the filing date to close N calendar days later (from $50.15). Historical, not a forecast.
AI analysis
Red flags6 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.