07:47 AM EST, 02/14/2025 (MT Newswires) -- Enbridge ( ENB ) , up 2% in U.S. pre-market trading, on Friday reported a fourth-quarter adjusted profit beat.

Adjusted net earnings rose to $1.64 billion, or $0.75 per adjusted share, from $1.4 billion, or $0.64 per adjusted share in the prior year period. The result beat FactSet's consensus analyst estimate of $0.67.

Contributions from acquisitions, higher mainline system tolls and favorable contracting and lower operating costs on U.S. gas transmission assets all helped improve the results.

The company reaffirmed its 2025 guidance for adjusted EBITDA of between $19.4 billion and $20 billion.

"Enbridge's ( ENB ) operational and financial performance throughout the year helped deliver a 37% total annual return to investors and 2025 is off to a good start," said President and CEO Greg Ebel. "Our low-risk business model continues to deliver predictable results and stable returns for shareholders and impacts from proposed tariffs on U.S. energy imports are not expected to be material to Enbridge's ( ENB ) financial guidance."

Enbridge ( ENB ) was last seen up US$0.91, to US$45.70, in New York trading.