Enbridge gains on Q1 profit beat

U.S.-listed shares of Canadian pipeline operator Enbridge ENB.TO, ENB.N rise 1.1% to $46.29 premarket

Company beats Q1 profit estimates, helped by higher earnings from its Mainline system and gas distribution unit

ENB posts Q1 adjusted profit of C$1.03/shr vs estimate of 96 Canadian cents/shr - data compiled by LSEG

Company's Mainline system reports rise in first-quarter adjusted core profit to C$1.45 billion ($1.04 billion) from C$1.34 billion last year

As of last close, company's shares were up ~8% YTD

($1 = 1.3915 Canadian dollars)