Enbridge Expects Liquid Pipeline Growth to Drive 2009 Earnings

摘要

Canada's Enbridge reported that its fourth quarter earnings rose 6%, to C$263 million (U.S. $213 million) and earnings for the 2008 fiscal year rose 89%, to C$1.3 billion (U.S. $1.1 billion), largely due to increased revenue from its international operations and liquids pipelines. The company anticipates its earnings in 2009 will grow by 20%, due to liquid pipeline projects that will be brought online throughout the year.