Spectra Energy Reports Fourth Quarter and Year-End 2016 Results

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Go back to Spectra Energy Reports Fourth Quarter and Year-End 2016 Results

Spectra Energy (SE) Misses Q4 EPS by 15c

February 17, 2017 6:41 AM EST

Spectra Energy (NYSE: SE) reported Q4 EPS of $0.16, $0.15 worse than the analyst estimate of $0.31.

"2016 was a transformational year for Spectra Energy. I'm proud of all we accomplished, but most importantly that we continued our track record of delivering on our commitments to all our stakeholders," said Greg Ebel, chief executive officer, Spectra Energy.

"We delivered strong DCF and dividend coverage. We successfully executed our 2016 growth plan by placing $2 billion of projects into service,... More