Enbridge Inc (USA) (ENB) Earnings: An Early Look

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At the same time, Enbridge has also turned to unconventional means to move crude from hard-to-reach places, resorting to using a railroad subsidiary to move oil by train. The move is an attack against Union Pacific Corporation (NYSE:UNP)Canadian Pacific Railway Limited (USA) (NYSE:CP), and other railroads, which have jumped at the chance to provide rail transport for crude.

In Enbridge’s earnings report, the keys to look for are signs of any headway on future projects. With so much need for new pipelines, Enbridge simply has to break the regulatory logjam and get the go-ahead to take advantage of huge demand for its network.

The article Enbridge Earnings: An Early Look originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Enterprise Products Partners.

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