Pipeline Operator Enbridge Posts Drop in Quarterly Profit

(Reuters) — Enbridge Inc said on Friday its quarterly profit fell sequentially, as the Canadian pipeline operator transported lower volumes of fuel on its Mainline system.

The Calgary-based company's adjusted earnings fell to C$1.36 billion ($1.09 billion), or 67 Canadian cents per share, in the second quarter ended June 30, from C$1.63 billion, or 81 Canadian cents per share, in the first quarter. 

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