Spectra Energy Corp.

Spectra Energy Partners, LP today announced that the period for unitholders of SEP to return their written consents with respect to the merger of SEP and a wholly owned subsidiary of Enbridge Inc. will expire on December 12, 2018. The Merger will be effected pursuant to an Agreement and Plan of Merger dated as of August 24, 2018 and will result in Enbridge acquiring all of the outstanding public common units of SEP and [...]

Spectra Energy Partners, LP today reported net income of $377 million, of which $366 million is attributable to SEP's controlling interests, for the third quarter ended September 30, 2018, with earnings per limited partner unit of $0.75. THIRD QUARTER HIGHLIGHTS: NEXUS and TEAL projects placed into service Entered into definitive agreement with Enbridge and Enbridge Inc. on August 24, 2018, under which Enbridge will [...]

HOUSTON, Aug. 2, 2018 /CNW/ - Spectra Energy Partners, LP today reported net income of $391 million, of which $381 million is attributable to SEP's controlling interests, for the second quarter ended June 30, 2018, with earnings per limited partner unit of $0.78. HIGHLIGHTS: Strong quarter supported by solid base business performance and increased earnings from expansion projects More than $2 billion of expansion projects [...]

HOUSTON, May 18, 2018 /CNW/ - Spectra Energy Partners, LP today announced that it has received a non-binding offer from Enbridge Inc. and Enbridge Inc. to acquire all of the outstanding equity securities of SEP not currently beneficially owned by Enbridge. The board of directors of the general partner of the general partner of Spectra Energy Partners, LP has established a conflicts committee of independent directors to [...]

HOUSTON, May 9, 2018 /CNW/ - Spectra Energy Partners, LP today reported net income of $418 million, including net income from controlling interests of $407 million, for the first quarter ended March 31, 2018, with diluted earnings per limited partner unit of $0.91. The first quarter results included non-recurring special items of $25 million, which decreased diluted earnings per limited partner unit by $0.05. HIGHLIGHTS [...]

HOUSTON, April 30, 2018 /CNW/ - Sabal Trail Transmission, LLC announced today the closing of its $1.5 billion offering of senior notes. Sabal Trail is a joint venture comprised of Spectra Energy Partners, LP owning 50%, NextEra Energy, Inc. owning 42.5% and Duke Energy owning 7.5% . Sabal Trail is an approximately 517-mile interstate natural gas pipeline that will have the capacity to deliver approximately 1.1 billion [...]

HOUSTON, March 16, 2018 /CNW/ - Spectra Energy Partners, LP today provided its preliminary assessment of the potential impacts of the Federal Energy Regulatory Commission's recent policy change with respect to the recovery of income tax amounts included in the cost of service  pipelines within a master limited partnership . On March 15, 2018, FERC changed its long-standing policy on the treatment of income tax amounts [...]

HOUSTON, Feb. 15, 2018 /CNW/ - Spectra Energy Partners, LP today reported fourth quarter 2017 financial results and provided a quarterly business update. HIGHLIGHTS AND PRESIDENT'S COMMENT Successfully brought 6 projects online, totaling more than $2.0 billion Announced 41st consecutive quarterly distribution increase, representing a 7.3% increase over the distribution declared in February 2017 Completed SEP's Incentive [...]

Quarterly distribution increase of 1.25 cents to $0.73875 per unit HOUSTON, Feb. 8, 2018 /CNW/ - Spectra Energy Partners, LP announced today that the board of directors of the general partner declared a quarterly cash distribution to unitholders of $0.73875 per unit, an increase of 1.25 cents over the previous level of $0.72625 per unit. The cash distribution is payable on February 28, 2018, to unitholders of record at [...]

Enbridge Inc. will hold its annual investor conference with Enbridge Income Fund Holdings Inc. , Enbridge Energy Partners, L.P. and Spectra Energy Partners, LP on Tuesday, December 12th in New York and Wednesday, December 13th in Toronto. Enbridge executives will discuss the Company's strategic plan and financial outlook. The conference in New York on December 12th will be webcast live at Enbridge.com. The webcast format [...]