Enbridge Inc. Files Amendment to Annual Report

Ticker: ENNPF · Form: 10-K/A · Filed: Mar 13, 2024 · CIK: 895728

Sentiment: neutral

Topics: Enbridge Inc., 10-K/A, SEC Filing, Annual Report, Amendment

TL;DR

<b>Enbridge Inc. has filed an amendment to its 2023 annual report, providing updated information for its fiscal year ending December 31, 2023.</b>

AI Summary

ENBRIDGE INC (ENNPF) filed a Amended Annual Report (10-K/A) with the SEC on March 13, 2024. Enbridge Inc. filed an amendment (Amendment No. 1) to its annual report on Form 10-K for the fiscal year ended December 31, 2023. The filing was submitted on March 13, 2024. The company's principal executive offices are located at 200 425 - 1st Street S.W., Calgary, Alberta, Canada T2P 3L8. Enbridge Inc. is incorporated in Canada and has an IRS Employer Identification No. of 98-0377957. Common Shares of Enbridge Inc. are registered and traded on the New York Stock Exchange under the trading symbol ENB.

Why It Matters

For investors and stakeholders tracking ENBRIDGE INC, this filing contains several important signals. This amendment indicates that Enbridge Inc. is making adjustments or providing additional details to its previously filed annual report, which could impact investor understanding of its financial performance or operational status. The filing confirms Enbridge Inc.'s status as a well-known seasoned issuer and its compliance with SEC filing requirements for the preceding 12 months.

Risk Assessment

Risk Level: low — ENBRIDGE INC shows low risk based on this filing. The filing is an amendment to a standard annual report (10-K/A), which typically involves clarifications or minor updates rather than significant new risks or disclosures.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated disclosures or financial adjustments made by Enbridge Inc.

Key Numbers

Key Players & Entities

FAQ

When did ENBRIDGE INC file this 10-K/A?

ENBRIDGE INC filed this Amended Annual Report (10-K/A) with the SEC on March 13, 2024.

What is a 10-K/A filing?

A 10-K/A is a amendment to a previously filed annual report, correcting or updating financial statements or disclosures. This particular 10-K/A was filed by ENBRIDGE INC (ENNPF).

Where can I read the original 10-K/A filing from ENBRIDGE INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ENBRIDGE INC.

What are the key takeaways from ENBRIDGE INC's 10-K/A?

ENBRIDGE INC filed this 10-K/A on March 13, 2024. Key takeaways: Enbridge Inc. filed an amendment (Amendment No. 1) to its annual report on Form 10-K for the fiscal year ended December 31, 2023.. The filing was submitted on March 13, 2024.. The company's principal executive offices are located at 200 425 - 1st Street S.W., Calgary, Alberta, Canada T2P 3L8..

Is ENBRIDGE INC a risky investment based on this filing?

Based on this 10-K/A, ENBRIDGE INC presents a relatively low-risk profile. The filing is an amendment to a standard annual report (10-K/A), which typically involves clarifications or minor updates rather than significant new risks or disclosures.

What should investors do after reading ENBRIDGE INC's 10-K/A?

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated disclosures or financial adjustments made by Enbridge Inc. The overall sentiment from this filing is neutral.

How does ENBRIDGE INC compare to its industry peers?

Enbridge Inc. operates in the energy infrastructure sector, primarily focused on pipelines for oil and gas transportation.

Are there regulatory concerns for ENBRIDGE INC?

The filing is made under the Securities Exchange Act of 1934, requiring regular reporting of financial and operational information to the SEC.

Industry Context

Enbridge Inc. operates in the energy infrastructure sector, primarily focused on pipelines for oil and gas transportation.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring regular reporting of financial and operational information to the SEC.

What Investors Should Do

  1. Review the specific amendments made in the 10-K/A filing for any material changes or clarifications.
  2. Analyze Enbridge Inc.'s business operations and financial health as detailed in the full 10-K report.
  3. Monitor future SEC filings from Enbridge Inc. for ongoing disclosures and updates.

Key Dates

Year-Over-Year Comparison

This filing is an amendment (10-K/A) to the previously submitted annual report for the fiscal year ended December 31, 2023.

Filing Stats: 4,547 words · 18 min read · ~15 pages · Grade level 11.6 · Accepted 2024-03-12 21:40:49

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 18 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 74 Item 13. Certain Relationships and Related Transactions, and Director Independence 77 Item 14. Principal Accounting Fees and Services 78 PART IV Item 15. Exhibits and Financial Statement Schedules 80 Item 16. Form 10-K Summary 80 Exhibit Index 81

Signatures

Signatures 82 1 PART III ITEM10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE DIRECTORS OF REGISTRANT Director nominee profiles Shareholders elect directors to the Board for a term of one year, expiring at the end of the next annual meeting. The profiles that follow provide information about the nominated directors, including their backgrounds, experience, current directorships, Enbridge shares and deferred share units held and the Board committees they sit on. Additional information regarding skills and experience of our directors can be found on page 16. Mayank (Mike) M. Ashar Age 68 Calgary, Alberta, Canada Independent Director since July 29, 2021 Latest date of retirement: May 2030 2023 annual meeting votes for: 97.13% Mr. Ashar has been Principal at Bison Refining and Trading LLC since 2018. He was previously an Advisor at Reliance Industries Limited from 2016 to 2018 and an Executive Director, Managing Director and Chief Executive Officer of Cairn Energy India Ltd. from 2014 to 2016. Prior to that, Mr. Ashar served as President of Irving Oil Ltd. from 2008 to 2013. He held various senior leadership positions at Suncor Energy Inc. from 1987 to 2008. Mr. Ashar holds an MBA, BA, MEng and BA Sc from University of Toronto. Mr. Ashar is a member of the Institute of Corporate Directors. Enbridge Board/Board committee memberships Meeting attendance 1 Board of Directors 14 out of 14 100% Governance 5 out of 5 100% Human Resources and Compensation 6 out of 6 100% Total 25 out of 25 100% Enbridge shares and DSUs held 2 Enbridge shares DSUs 3 Total market value of Enbridge shares & DSUs 4 Minimum required 5 64,000 19,844 $3,964,983 $1,186,740 Other board/board committee memberships 6 Public - Private - Former U.S. listed company directorships (last 5 years) Teck Resources Ltd. 2 Gaurdie E. Banister Age 66 Houston, Texas, USA Independent Director since Nove

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