Feb 14 (Reuters) - Pipeline operator Enbridge ( ENB )

saw higher tolls on its pipelines and a doubling of income from

its utilities segment, helping the company report a rise in its

adjusted core profit for the fourth quarter on Friday.

Enbridge ( ENB ) acquired three utilities from U.S.-based Dominion

Energy ( D ) last year, expanding its gas distribution business.

This led to core profit doubling to C$1.02 billion ($719.48

million) for the segment.

Enbridge's ( ENB ) Mainline system moves 40% of crude in the United

States and is North America's largest crude oil pipeline

network. It transports liquids and refined products from

Edmonton, Alberta to various markets in Canada and the U.S.

Midwest.

Adjusted core profit from the Mainline system rose 3% to

C$1.34 billion ($945.19 million), as the company saw a 6%

increase in its toll pricing for crude moving from Alberta to

Illinois, offsetting a drop in volumes.

The company's natural gas transmission segment also saw

a 17% rise in core profit, partly due to favorable contracting

and lower operating costs on its U.S. assets.

Enbridge ( ENB ) posted an adjusted core profit of C$5.13 billion

($3.62 billion) for the quarter ended December 31, up from C$4.1

billion ($2.89 billion) a year earlier.

The company also doesn't see its financial guidance being

materially impacted by impending tariffs from the U.S., CEO Greg

Ebel said in the statement.

President Donald Trump's proposed tariffs include a 10%

tariff on energy imports from Canada, which brings about an

uncertain environment for the country's energy sector.

Enbridge ( ENB ) has in its backlog C$26 billion ($18.34 billion)

worth of projects from C$27 billion ($19.04 billion) in the

previous quarter, after having put into service C$5 billion

($3.53 billion) of them in 2024.

The company posted an adjusted profit of 75 Canadian

cents, in line with analysts' average estimates, according to

data compiled by LSEG.

However, net earnings fell by C$1.2 billion ($846.44

million), due to changes in the value of derivatives held by the

company.

($1 = 1.4177 Canadian dollars)