Stock Market News for Investors: Mixed Fourth Quarter Results with Big Earnings Gains for Enbridge, Nutrien and Cenovus

According to the report, adjusted earnings in the fourth quarter were 88 cents per share, compared to 75 cents per share in the same quarter of 2024.

Analysts on average had expected adjusted earnings of 77 cents per share, according to data compiled by LSEG Data & Analytics.

The pipeline operator says revenue for 2025 as a whole came in at $7.1 billion, up from $5.1 billion in 2024.

Enbridge says it has secured a $39 billion backlog as it advances numerous projects, including expanded natural gas transmission and storage, solar energy and additional crude oil export capacity.

Nutrien reports profit of US$580 million in the fourth quarter, compared to US$118 million in the previous year

Nutrien Ltd. says it earned $580 million in the fourth quarter, up from $118 million the year before. That equated to diluted net earnings per share of $1.18 for the period ended Dec. 31, compared with 23 cents in the year-earlier quarter.

The Saskatoon-based company, which keeps its books in U.S. dollars, said fourth-quarter revenue totaled $5.34 billion, up year-over-year from $5.1 billion.

Nutrien declared a quarterly dividend of 55 cents per share, which represents an increase of approximately one percent over the previous dividend declared in November last year.

The company also said it has approved the purchase of up to five percent of Nutrien’s issued and outstanding common shares over a twelve-month period.

Nutrien CEO Ken Seitz says the company expects to build on its momentum in 2026, helped by strong market fundamentals for potash.

Teck Resources reports fourth-quarter profit and revenue higher than a year ago

Teck Resources Ltd. reported its fourth-quarter profit and sales rose from a year ago as it worked to complete its merger with Anglo American. The miner said profit attributable to shareholders was $544 million, or $1.11 per diluted share, for the quarter ended Dec. 31, compared with $399 million, or 78 cents per diluted share, a year earlier.

Revenue totaled $3.06 billion, compared to $2.79 billion in the fourth quarter of 2024.

On an adjusted basis, Teck says earnings from continuing operations were $1.37 per diluted share, compared with 45 cents per diluted share a year earlier.

Teck CEO Jonathan Price said the company continued to make significant progress in ramping up the Quebrada Blanca mine, with improved tailings production and management facilities.

Teck’s deal with Anglo American has won shareholder approval and cleared Ottawa’s review of the Investment Canada Act. The company said the deal remains subject to customary closing conditions, including regulatory approvals in multiple jurisdictions worldwide.

Canadian Tire reports a strong holiday season and fourth quarter sales are up from a year earlier

Canadian Tire Corp. Ltd. reported that fourth-quarter sales rose from a year earlier, after CEO Greg Hicks said the retailer had one of the best holiday seasons in recent history.