Enbridge (ENB) earnings: Meta, AI power, and the "full flight" oil trade

Enbridge is rebranding from a boring utility to the backbone of the AI internet, securing direct deals with hyperscalers while its legacy oil pipes remain physically maxed out.In ~10 minutes:- Why the Mainline was "oversubscribed" for 9 months- New deals with Meta & the "colorblind" electron strategy- The "voracious" demand for Gulf Coast gas storage- Breaking down the $39B secured backlogManagement shrugged off Venezuelan crude risks, proving Canadian heavy oil has a "sticky" hold on Gulf Coast refiners. The stock recovered from early chop to close near highs as the market digested the defensive growth pivot.Enbridge, Inc. (ENB) | Q4 FY2025AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.