Enbridge ENB-T third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2 per cent in premarket trading.

The Calgary-based pipeline operator had bought three Dominion Energy D-N utilities last year — East Ohio Gas, Questar Gas and Public Service Co of North Carolina — in a US$14-billion deal, including debt.

It reported adjusted core profit of $2.31-billion from its liquid pipelines unit, down from $2.34-billion a year earlier, due to lower contributions from the Flanagan South and Spearhead pipelines.

The company’s Mainline system, the largest pipeline network in North America, saw third-quarter adjusted core profit marginally fall to $1.34-billion due to lower toll

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