HOUSTON, Nov. 2, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) today reported net income of $296 million, including net income from controlling interests of $275 million, for the third quarter ended September 30, 2016, with diluted earnings per limited partner unit of $0.64. The third quarter included a non-recurring special item of $38 million, which decreased diluted earnings per limited partner unit by [...]
HOUSTON, Nov. 2, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) today reported net income of $281 million, including net income from controlling interests of $195 million, for the third quarter ended September 30, 2016, with diluted earnings per share of $0.28. The third quarter results included non-recurring special items, which had income tax effects of $41 million and decreased diluted earnings per share by [...]
Quarterly distribution increase of 1.25 cents to $0.67625 per unit HOUSTON, Nov. 2, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.67625 per unit, an increase of 1.25 cents over the previous level of $0.66375 per unit. This is the 36th consecutive quarter that Spectra Energy Partners has [...]
HOUSTON, Oct. 19, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.405 per share, or $1.62 per share on an annualized basis. The dividend is payable on December 6, 2016, to shareholders of record at the close of business on November 11, 2016. Spectra Energy Corp. (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream [...]
HOUSTON, Oct. 5, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) and Spectra Energy Partners (NYSE: SEP) will announce their third quarter 2016 earnings results before the market opens on Wednesday, November 2, 2016, and will hold a joint investor and analyst conference call at 8 a.m. CT that same day. The webcast will be available via the Spectra Energy and Spectra Energy Partners Investors pages. The conference [...]
Transaction creates increased scale, asset diversity, financial flexibility and an industry leading secured project portfolio and development project inventory CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - Sep 6, 2016) - Highlights: Creates largest energy infrastructure company in North America with C$1651 billion (US$127 billion) enterprise value Anticipated 15 percent annualized dividend increase in 2017 and [...]
HOUSTON, Aug. 9, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) Chief Financial Officer Pat Reddy will speak at the 2016 Goldman Sachs Power, Utilities, MLP and Pipeline Conference on Thursday, August 11, 2016. Reddy also serves as chief financial officer of Spectra Energy Partners (NYSE: SEP). The panel is scheduled to begin at 9:45 a.m. ET and will be available via webcast. The panel and webcast link can be [...]
HOUSTON, Aug. 4, 2016 /CNW/ -- Spectra Energy Corp. (NYSE: SE) today announced that its indirect subsidiary, Westcoast Energy Inc., has completed the previously announced sale of its ownership interests in Spectra Energy's Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC, for a cash purchase price of approximately C$267 million (USD $204 million), including approximately C$67 million (USD $51 [...]
HOUSTON, Aug. 3, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) today reported net income of $305 million, including net income from controlling interests of $287 million, for the second quarter ended June 30, 2016, with diluted earnings per limited partner unit of $0.71. The second quarter included a non-recurring special item of $6 million, which decreased diluted earnings per limited partner unit by [...]
HOUSTON, Aug. 3, 2016 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) today reported net income of $221 million, including net income from controlling interests of $149 million, for the second quarter ended June 30, 2016, with diluted earnings per share of $0.21. The second quarter included non-recurring special items. After income taxes of $12 million, non-recurring special items decreased diluted earnings per share by [...]
Quarterly distribution increase of 1.25 cents to $0.66375 per unit HOUSTON, Aug. 3, 2016 /PRNewswire/ -- Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.66375 per unit, an increase of 1.25 cents over the previous level of $0.65125 per unit. This is the 35th consecutive quarter that Spectra Energy Partners has [...]
CORAL SPRINGS, Florida, July 7, 2016 /PRNewswire/ -- The industrial gases segment continues to rapidly expand as companies race to develop new products, alternative gases and replacements for traditional resources such as acetylene. Revenue growth potential in the sector continues to be fueled by advancements of new products as well as more efficient products and environmentally friendly replacements to antiquated [...]