Canada’s Enbridge Misses Third-Quarter Profit Estimates on Higher Capital Costs

Nov 7 (Reuters) – Enbridge (ENB.TO) missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading. The Calgary-based pipeline operator had bought three Dominion Energy (D.N) utilities last year — East Ohio Gas, Questar Gas and Public … Read more