Spectra Energy (SE) Misses Q4 EPS by 15c
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Spectra Energy Partners Reports Fourth Quarter and Year-End 2016 Results
February 17, 2017 6:35 AM ESTHOUSTON, Feb. 17, 2017 /PRNewswire/ --Â Spectra Energy Partners, LPÂ (NYSE: SEP) today reported net income of $327 million, including net income from controlling interests of $301 million, for the fourth quarter ended December 31, 2016, with diluted earnings per limited partner unit of $0.70. For the year, net income was $1.24 billion, including net income from controlling interests of $1.16 billion, with diluted earnings per limited partner unit of $2.84. The fourth quarter and yearly results included non-recurring special items of $36 million and $80 million, respectively, which decreased diluted earnings per limited partner unit by $0.11 for the quarter and $0.26 for the year.
... MoreSpectra Energy Reports Fourth Quarter and Year-End 2016 Results
February 17, 2017 6:30 AM ESTHOUSTON, Feb. 17, 2017 /PRNewswire/ --Â Spectra Energy Corp (NYSE: SE) today reported net income of $208 million, including net income from controlling interests of $115 million, for the fourth quarter ended December 31, 2016, with diluted earnings per share of $0.16. For the year, net income was $1.02 billion, including net income from controlling interests of $693 million, with diluted earnings per share of $1.00. The fourth quarter and full-year results included non-recurring special items of $127 million and $243 million, which had income tax effects of $32 million and $88 million, respectively, and decreased diluted earnings per share by $0.13 for the quarter and $0.19 for the year.
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