Spectra Energy (SE) Misses Q1 EPS by 3c
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May 4, 2016 6:30 AM EDT
HOUSTON, May 4, 2016 /PRNewswire/ --
First Quarter Highlights:
Distributable cash flow of $523 million and declared dividends of $284 million
2015 expansion projects at U.S. Transmission and Distribution continued to add to EBITDA and cash generation
$8 billion of expansion projects in execution advancing as planned
Spectra Energy Corp (NYSE: SE) today reported first quarter 2016 financial results. For the quarter, ongoing earnings before interest, taxes, depreciation and amortization (EBITDA) were $757 million, compared with $788 million in the prior-year... More
May 4, 2016 6:25 AM EDT
HOUSTON, May 4, 2016 /PRNewswire/ --Â Spectra Energy Partners, LP (NYSE: SEP) announced that the board of directors of its general partner declared a quarterly cash distribution to unitholders of $0.65125 per unit, an increase of 1.25 cents over the previous level of $0.63875 per unit. This is the 34th consecutive quarter that Spectra Energy Partners has increased its quarterly cash distribution. The cash distribution is payable on May 27, 2016, to... More
