BNET Industries
Spectra Energy Partners LP (SEP) is in the Energy Industry
- Revenue
- Dec 31 2007
- $100.1M
- Profit
- Dec 31 2007
- $197.5M
- Market Cap
- Sep 04 2008
- $1.1B
Latest News and Analysis
Spectra Energy Partners Raises Cash Distribution to 34 Cents Per Unit
3 Percent Increase over First Quarter 2008 Distribution HOUSTON, July 24 /PRNewswire-FirstCall/ -- Spectra Energy Partners, LP today announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $.34 per unit for the quarter ended June 30, 2008....
Spectra Energy Transmission President & CEO Appointed to White House National Infrastructure Advisory Council
HOUSTON, June 5 /PRNewswire-FirstCall/ -- Spectra Energy today announced that Martha Wyrsch, president and CEO, Spectra Energy Transmission, the company's natural gas transmission business, was appointed by President George W. Bush to the National Infrastructure Advisory Council NIAC. Wyrsch, along with 27 other appointees, will...
Greenway/Nora Expansion to transport Appalachian gas
East Tennessee Natural Gas LLC ETNG, a subsidiary of Spectra Energy Partners, filed an application for the Greenway/Nora Expansion project with the Federal Energy Regulatory Commission to transport up to 50 MMcf/d of Appalachian natural gas. As proposed, the project will move additional Appalachian supplies...
Spectra Energy Partners Announces Retirement of Lon Mitchell; Names Laura Buss Sayavedra, Chief Financial Officer
HOUSTON, May 14 /PRNewswire-FirstCall/ -- Spectra Energy Partners, LP today announced the retirement of Lon C. Mitchell, Jr. as vice president and chief financial officer of Spectra Energy Partners GP, LLC, the partnership's general partner. Mitchell has been with Spectra Energy Partners and its predecessor companies for more...
Spectra Energy Partners Reports First Quarter 2008 Financial Results
- Reported net income of $22.5 million compared with reported net income of $19.2 million for the prior year quarter - Earnings per limited partner unit of 33 cents per unit - Cash Available for Distribution of $33.8 million; 50 cents per limited partner unit ...
East Tennessee Natural Gas System Sees Highly Successful Open Season for Greenway Project
HOUSTON, March 6 /PRNewswire-FirstCall/ -- Spectra Energy Partners, LP announced today that its open season for the Greenway Project resulted in bids totaling in excess of 900,000 dekatherms per day for expansion capacity on its East Tennessee Natural Gas ETNG System. The non- binding open season closed on...
Spectra Energy holds open season
Spectra Energy Partners, LP is conducting a non-binding open season to solicit participation in holding capacity on its East Tennessee Natural Gas pipeline system. The open season is in response to requests from producers for additional market outlets and from end users for increased access to Appalachian supplies. ...
Spectra Energy Partners, LP
Spectra Energy Partners, LP has agreed to acquire the equity interests of Virginia-based Saltville Gas Storage Company L.L.C. and the P-25 Pipeline from subsidiaries of Spectra Energy Corp. for $107 million subject to working capital and other closing adjustments, consisting of newly issued partnership units and approximately $5 million in...
Spectra Proposes $100 Million Pipeline Extension in B.C.
Spectra Energy Partners LP proposed a plan to build the approximately $100 million South Peace Pipeline. The natural gas gathering pipeline will connect the growing South Peace Noel exploration area of northeast British Columbia with the company's existing processing and transportation infrastructure. The roughly 53 mile pipeline will have a...
Spectra Energy Partners Canadian Processing Segment Sees Q3 Gain
The Western Canada transmission and processing segment of Spectra Energy Partners reported Nov. 7 that its third quarter EBIT was $102 million, compared with $98 million the year before. The improvement would have been greater except that the prior year period included a $15 million gain related to Spectra Energy...
STORING UP
Natural gas prices are low. Gas-in-storage volumes are high. For storage owners and operators, it's a good time to be in the business. Unexpectedly cool summer weather, low natural gas prices and increased imports of liquefied natural gas LNG are pushing gas-in-storage levels toward new highs, nearly full levels, much...
STORING UP
Unexpectedly cool summer weather, low natural gas prices and increased imports of liquefied natural gas LNG are pushing gas-in-storage levels toward new highs, nearly full levels, much to the delight of gas-storage companies such as Falcon Gas Storage Co. Inc., Enstor Inc. and Spectra Energy Partners LP, and private-equity investor...
Spectra Energy Partners Welcomes Favorable Reaction to IPO
Spectra Energy Partners SEP welcomed the favorable reaction to its initial public offering last week with the more than 30% gain seen in the first day of trading seen as a strong endorsement of the midstream sector's newest MLP. SEP President and CEO Greg Harper said the IPO was "excellent"...
MGRA is Thursdays Stock to Watch! June 28, 2007.
M2 PRESSWIRE-28 June 2007-Wall Street Capital Funding LLC: MGRA is Thursdays Stock to Watch! June 28, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:28062007 Weston, FLA. - Wall Street News Alert's "stocks to watch" this morning are: Monogram Energy, Inc. (OTC: MGRA), General ...
Spectra Energy Partners Raises $220 Million in IPO
Spectra Energy Partners proved popular in its first day of trading on the New York Stock Exchange opening at $26.50 a unit and reaching a high of $29.15 per unit. This is well above the initial public offering price of $22. Spectra Energy Partners LP raised $220 million in the...
Up to 25 MLP Sponsors Looking to Enter the Market Over Next Two Years
Over the past four months seven new MLPs hit the market with the investor community for the most part eager to snap them up. This strong interest is prompting other companies to put some of their assets into an MLP. Robert Lane, a Houston-based analyst with Sanders Morris Harris,...
Spectra Energy's New MLP Hopes to Raise $278 Million in IPO
Spectra Energy Partners hopes to raise up to $278 million in an initial public offering of 11.5 million common units. The company plans to apply to list its common units on the New York Stock Exchange under the symbol SEP. Spectra Energy Partners has granted the IPO's underwriters and option...
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- Incorporated: 2007
Spectra Energy Partners is engaged in transporting and storing natural gas for a broad mix of customers. Co.'s initial assets consist of interests in two interstate natural gas pipeline systems located in the southeastern United States with over 2,100 miles of pipelines, interests in two natural gas storage facilities in Texas and Louisiana with aggregate working gas storage capacity of approximately 35 billion cubic feet, or Bcf, and a liquefied natural gas, or LNG, storage facility in Tennessee. Co. serves the Southeastern markets, as wells as its pipeline and storage systems have access to customers in the Mid-Atlantic, Northeastern and Midwestern regions of the United States.
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Spectra Energy Partners LP Company Info
Contact Information
5400 Westheimer Court
Houston, TX
http://www.spectraenergypartners.com
713 627-5400