Fast Facts
Spectra Energy (NYSE: SE), one of North America’s premier natural gas infrastructure companies, consists of gathering and processing, transmission and storage, and distribution businesses. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines, storage and related energy infrastructure that connects natural gas sources to premium markets and customers.
Number of Employees
- About 7,300
President & CEO
- Fred Fowler
Major Operations
- Spectra Energy Transmission
- 50% ownership in DCP Midstream
Operational Facts
- Natural gas operations include more than 18,000 miles of transmission pipeline and approximately 265 billion cubic feet (Bcf) of storage capacity in the United States and Canada.
- Spectra Energy’s businesses include Texas Eastern Transmission Corporation; Algonquin Gas Transmission Company; East Tennessee Natural Gas; Union Gas; BC Pipeline Division; BC Field Services Division; Natural Gas Liquids Division; and Market Hub Partners. The company also has significant ownership interests in DCP Midstream, Maritimes & Northeast Pipeline, Gulfstream Natural Gas System and Spectra Energy Partners.
- Based in Houston, Spectra Energy also has major offices in Boston, Mass.; Calgary, Alberta; Chatham, Ontario; Denver, Colo.; Halifax, Nova Scotia; Midland, Texas; Tulsa, Okla.; and Vancouver, British Columbia.
Core Customers
- Local distribution companies
- Marketers and traders
- Natural gas producers (Gulf Coast, Sable Island, Appalachian, mid-continent and western Canada)
- Gas-fired electric generators
- Residential, commercial and industrial customers
Spectra Energy Partners, LP
Spectra Energy Partners, LP is a limited partnership interest formed in July 2007 by Spectra Energy Corp. Spectra Energy serves as the MLP’s general partner and manages and operates the new entity with 85 percent retained ownership. The initial MLP assets include a 100 percent interest in East Tennessee Natural Gas pipeline, a 24.5 percent interest in Gulfstream Natural Gas pipeline system and a 50 percent interest in a gas storage business, Market Hub Partners, or “MHP.”
For additional information about Spectra Energy Partners, LP, go to http://www.spectraenergypartners.com/
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