Spectra Energy Partners (SEP) Tops Q3 EPS by 10c
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Spectra Energy Partners Reports Third Quarter 2017 Results and Announces 40th Consecutive Quarterly Cash Distribution Increase
November 1, 2017 4:56 PM EDTHOUSTON, Nov. 1, 2017 /PRNewswire/ -Â Spectra Energy Partners, LP (NYSE: SEP) today reported net income of $471 million, including net income from controlling interests of $460 million, for the third quarter ended September 30, 2017, with diluted earnings per limited partner unit of $1.15. The third quarter results included non-recurring special items of $80 million, which increased diluted earnings per limited partner unit by $0.26.
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