HOUSTON, Aug. 5, 2015 /PRNewswire/ -- Second Quarter Highlights Distributable cash flow of $321 million, up 34% over prior year quarter Continued earnings growth from existing assets and new expansions 31st consecutive quarterly cash distribution increase Project execution backlog of $6 billion on track – backed by secured, long-term contracts Spectra Energy Partners, LP (NYSE: SEP) today reported second quarter [...]
HOUSTON, Aug. 5, 2015 /PRNewswire/ -- Second Quarter Highlights: Ongoing EBITDA and distributable cash flow exceed prior year quarter EBITDA at Spectra Energy Partners segment up 28% $600 million in expansion projects placed into service while project backlog – underpinned by secured, long-term contracts – grows by more than $400 million, to $9.6 billion Strong distributable cash flows support ongoing [...]
Quarterly distribution increase of 1.25 cents to $0.61375 per unit HOUSTON, Aug. 5, 2015 /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 $0.61375 per unit, an increase of 1.25 cents over the previous level of $0.60125 per unit. This is the 31st consecutive quarter that Spectra Energy Partners has [...]
HOUSTON, July 8, 2015 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) and Spectra Energy Partners (NYSE: SEP) will announce their second quarter 2015 earnings results before the market opens on Wednesday, August 5, 2015, 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 Investors sections of the Spectra Energy and Spectra Energy Partners websites [...]
HOUSTON, July 7, 2015 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) has declared a quarterly cash dividend on its common stock of $0.37 per share, or $1.48 per share on an annualized basis. The dividend is payable on September 9, 2015, to shareholders of record at the close of business on August 12, 2015. Spectra Energy Corp. (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream [...]
HOUSTON, May 19, 2015 /PRNewswire/ -- Spectra Energy Partners' (NYSE: SEP) Bill Yardley will speak at the National Association of Publicly Traded Partnerships (NAPTP) 2015 MLP Investor Conference on Thursday, May 21, 2015. Yardley is president of U.S. Transmission and Storage for Spectra Energy Corp. (NYSE: SE), the general partner of Spectra Energy Partners. The presentation is scheduled to begin at 3:30 p.m. ET and will [...]
HOUSTON, May 15, 2015 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) Chief Executive Officer Greg Ebel will speak at the 2015 American Gas Association Financial Forum on Monday, May 18, 2015. Ebel also serves as chief executive officer of Spectra Energy Partners (NYSE: SEP). The presentation is scheduled to begin at 1:00 p.m. PT and will be available via webcast. The presentation and webcast link can be accessed via the [...]
Ten Students to Receive Up to $20,000 Toward Undergraduate Studies in U.S. or Canada HOUSTON, May 14, 2015 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) today announced that 10 children of company employees have been selected to receive up to $5,000 per year in scholarship funds toward undergraduate study at an accredited college or university in the U.S. or Canada. "Spectra Energy is proud to continue our tradition of [...]
HOUSTON, May 6, 2015 /PRNewswire/ -- First Quarter Highlights Distributable cash flow of $354 million, up 9% over prior year Record winter deliveries on Texas Eastern and Algonquin pipeline systems Ongoing EBITDA growth being realized from both existing assets and new expansion projects put into service 30th consecutive quarterly cash distribution increase Spectra Energy Partners, LP (NYSE: SEP) today reported first [...]
HOUSTON, May 6, 2015 /PRNewswire/ -- First Quarter Highlights: Strong contributions from expansion projects in U.S. Transmission and Liquids Expansion projects continue to advance as planned and add to cash generation DCF continues to support ongoing dividend growth Spectra Energy Corp. (NYSE: SE) today reported first quarter 2015 net income from controlling interests of $267 million, or $0.40 diluted earnings per [...]
Quarterly distribution increase of 1.25 cents to $0.60125 per unit HOUSTON, May 6, 2015 /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 $0.60125 per unit, an increase of 1.25 cents over the previous level of $0.58875 per unit. This is the 30th consecutive quarter that Spectra Energy Partners has [...]
HOUSTON, April 28, 2015 /PRNewswire/ -- Spectra Energy Corp. (NYSE: SE) today announced that shareholders have elected Miranda C. Hubbs as a new member of its board of directors. "As we continue to execute on our plan to secure $35 billion of capital expansion projects throughout North America by the end of this decade, we welcome Miranda's extensive financial and energy expertise. As a former asset manager and energy [...]