Enbridge (ENB) Capital Expenditures (2012 - 2026)
Enbridge (ENB) posted quarterly Capital Expenditures of $2.2 billion for Q2 2026, up 56.84% year-over-year from $1.4 billion in Q2 2025, and up 20.93% on a QoQ basis from $1.8 billion in Q1 2026.
Enbridge (ENB) Capital Expenditures (2012 - 2026) Analysis & Trends
Enbridge has reported Capital Expenditures for 15 years, with the latest figure at $2.2 billion in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $2.2 billion, up 56.84% year-over-year; the trailing twelve-month figure through Jun 2026 was $7.8 billion (up 39.29% YoY), and the FY2025 annual result was $6.4 billion, up 31.02% from the prior year.
- Capital Expenditures advanced to $2.2 billion in Q2 2026, from $1.8 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $2.2 billion in Q4 2025 and troughed at $717.7 million in Q2 2023.
- A 5-year average of $1.2 billion and a median of $1.0 billion in 2023 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2022, when Capital Expenditures sank 49.14%; it then jumped 81.11% in 2024.
- A 5-year view of Capital Expenditures shows it stood at $1.1 billion in 2022, then retreated by 5.34% to $1.0 billion in 2023, then surged by 81.11% to $1.8 billion in 2024, then gained by 19.18% to $2.2 billion in 2025, then fell by 0.98% to $2.2 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $2.2 billion in Q2 2026, $1.8 billion in Q1 2026, and $2.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.15 Bn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 1.16 Bn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 1.56 Bn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | -3.61 Mn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 613.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 825.00 Mn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 1.01 Bn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 1.18 Bn |
| 10 | Venture Global | 34.31 Bn | 31.09 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15 Bn |
| Jun 30, 2026 | 2.15 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 2.17 Bn |
| Dec 31, 2025 | 2.17 Bn |
| Sep 30, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.69 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 985.58 Mn |
| Jun 30, 2024 | 985.58 Mn |
| Mar 31, 2024 | 879.40 Mn |
| Mar 31, 2024 | 879.40 Mn |