Spectra Energy News

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results

2012-02-02T00:00:00

Spectra Energy Corp today reported 2011 net income from controlling interests of $1.18 billion, or $1.81 diluted EPS, compared with $1.05 billion, or $1.61 diluted EPS in 2010.

Spectra Energy Schedules Webcast and Conference Call for Fourth Quarter and Year-End 2011 Earnings Announcement

2012-01-18T00:00:00

Spectra Energy Corp will announce its fourth quarter and year-end 2011 earnings results before the market opens on Thursday, February 2, 2012, and will hold an analyst conference call at 9:00 a.m. CT that same day.

Spectra Energy Secures Two Shippers for Its Texas Eastern Appalachia to Market (TEAM) 2014 Expansion; Binding Open Season to Be Held

2012-01-17T00:00:00

Spectra Energy Corp's Texas Eastern Transmission, LP today announced it has reached binding agreements with two anchor shippers for its TEAM 2014 project, an expansion of its existing Texas Eastern system to deliver additional emerging Appalachian shale natural gas supplies to diverse markets in the Northeast, Midwest and Southern U.S. These commitments provide sufficient market support to proceed with the development of the TEAM 2014 project.

Spectra Energy Corp Declares Quarterly Dividend

2012-01-04T00:00:00

Spectra Energy Corp has declared a quarterly cash dividend on its common stock of $0.28 per share. The dividend is payable on March 12, 2012, to shareholders of record at the close of business on February 10, 2012.

Leading Players Spectra Energy, American Electric Power and Chesapeake Energy Announce an Agreement of Intent to Develop Ohio Infrastructure Project

2011-12-21T00:00:00

Spectra Energy Corp's Texas Eastern Transmission, LP, American Electric Power and Chesapeake Energy Marketing, Inc., a wholly owned subsidiary of Chesapeake Energy Corporation, today announced their intention to advance the development of the Ohio Pipeline Energy Network (OPEN) project, a proposed expansion of the Texas Eastern pipeline system that will connect Ohio's Utica and Marcellus shale gas supplies with the fast-growing markets attached to the Texas Eastern system, in particular natural gas-fired power generation.

Spectra Energy Launches New YouTube Video as Part of Ongoing Advocacy Effort

2011-12-07T11:00:00

Spectra Energy has launched a new YouTube video series, "Natural Gas: Energy for Life," as part of its ongoing, grassroots advocacy effort to educate and inform the general public and other stakeholder groups about the benefits and uses of natural gas.

Spectra Energy Announces 2012 Financial Plan

2011-12-07T00:00:00

Spectra Energy Corp today announced its board of directors has approved the company's financial plan for 2012.

Spectra Energy Receives FERC Approval for Texas Eastern Appalachia to Market 2012 Expansion Project

2011-11-30T00:00:00

Spectra Energy Corp today announced its subsidiary, Texas Eastern Transmission, LP, has received approval from the Federal Energy Regulatory Commission for the Texas Eastern Appalachia to Market 2012 expansion project, which will expand Texas Eastern's existing pipeline system to deliver additional Appalachian and Marcellus Shale natural gas supplies to various premium U.S. markets, including the Northeast.

Union Gas Urges All Parties To Come Together To Pass Ontario One Call Act

2011-11-24T00:00:00

Ontario should move to pass the Ontario One Call Act - a bill that will improve safety, save money and increase productivity - says Union Gas, one of Canada's largest natural gas utilities and a long-time advocate for this kind of mandatory legislation.

Spectra Energy Corp President & CEO Greg Ebel to Speak at Bank of America Merrill Lynch 2011 Global Energy Conference

2011-11-14T00:00:00

Spectra Energy Corp President and Chief Executive Officer, Greg Ebel, will speak at the Bank of America Merrill Lynch 2011 Global Energy Conference on Wednesday, November 16, 2011, in Miami, Fla.

Spectra Energy Named a Top Houston Workplace Second Consecutive Year on Houston Chronicle List

2011-11-07T00:00:00

Spectra Energy Corp has again been recognized as one of Houston's top workplaces in a survey conducted by the Houston Chronicle, this year ranking 10th in the Large Company category. This is the second consecutive year the company has been included in the ranking.

Westcoast Energy Declares Dividends

2011-11-07T00:00:00

On November 7, 2011, Westcoast Energy Inc. ("Westcoast") declared quarterly dividends.

Spectra Energy Reports Third Quarter 2011 Results

2011-11-03T00:00:00

Spectra Energy Corp reported 2011 third quarter net income from controlling interests of $254 million, or $0.39 diluted EPS, compared with $197 million, or $0.30 diluted EPS, in the prior year quarter.

Spectra Energy to Host Analyst/Investor Meeting in New York on November 8

2011-11-03T00:00:00

Spectra Energy Corp will host an analyst/investor luncheon at the New York Palace Hotel, Drawing Room, in New York City, on Tuesday, November 8, 2011.

Spectra Energy Corp Announces Quarterly Dividend of $0.28 Per Share Represents a 7.7 Percent Increase

2011-10-25T00:00:00

Spectra Energy Corp has declared a quarterly cash dividend on its common stock of $0.28 per share, which represents a 7.7 percent increase from its previous dividend level. The dividend is payable on December 12, 2011, to shareholders of record at the close of business on November 11, 2011.

Spectra Energy and Progress Energy Resources Corp. Enter Agreements on Midstream Services for Montney Production in British Columbia

2011-10-19T00:00:00

Spectra Energy Corp today announced the execution of multi-year agreements between Spectra Energy and Progress Energy Resources Corp. ("Progress") to provide a total 370 MMcf/d of natural gas gathering and processing services to support the development of Montney production in Progress' core development area in northeast British Columbia.

Spectra Energy Employees Complete 228 Volunteer Projects Across the U.S. and Canada

2011-10-04T00:00:00

Spectra Energy employees and retirees have completed 228 volunteer projects this year in communities throughout the U.S. and Canada as part of the company's "Helping Hands in Action" program.

Spectra Energy Top Ranked on Carbon Disclosure Project's Carbon Disclosure Leadership Index

2011-09-21T00:00:00

Spectra Energy Corp again ranked first in the Energy Sector in the 2011 Carbon Disclosure Project's "Carbon Disclosure Leadership Index (CDLI)." The CDLI highlights companies within the S&P 500 that have displayed the most professional and transparent approach to corporate governance in respect to climate change disclosure practices. This is the third consecutive year the company has held the top slot.

Spectra Energy Corp Chief Financial Officer Pat Reddy to Speak at Bank of America Merrill Lynch Power & Gas Leaders Conference

2011-09-19T00:01:00

Spectra Energy Corp Chief Financial Officer, Pat Reddy, will speak at the Bank of America Merrill Lynch Power & Gas Leaders Conference on Wednesday, September 21, 2011, in New York City.

Spectra Energy Promotes David Shammo to Vice President, Business Development, for Southeast U.S. Operations

2011-09-19T00:00:00

Spectra Energy Corp today announced the promotion of David Shammo to vice president, business development, for Spectra Energy's Southeast U.S. operations, which includes lead commercial responsibilities for Gulfstream Natural Gas System, Spectra Energy's joint venture with Williams, and Southeast Supply Header, the company's joint venture with CenterPoint Energy.