Spectra Energy Partners (SEP) Tops Q2 EPS by 3c, Revenues Miss

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Enbridge Energy Partners, L.P. Reports Second Quarter 2018 Results

August 2, 2018 4:17 PM EDT

HOUSTON, Aug. 2, 2018 /PRNewswire/ - Enbridge Energy Partners, L.P. (NYSE: EEP) (EEP or the Partnership) today reported second quarter 2018 financial results and provided a quarterly business update. EEP reported net income of $187 million, of which $95 million is attributable to EEP's controlling interests, for the second quarter ended June 30, 2018, with net income per unit of $0.19. The second quarter results included net non-recurring special items of $17 million, which increased net income per unit by $0.04.

SECOND QUARTER HIGHLIGHTS:

Solid quarter supported by strong Lakehead volumes Received... More

Spectra Energy Partners Reports Second Quarter 2018 Results and Announces 43rd Consecutive Quarterly Cash Distribution Increase

August 2, 2018 4:15 PM EDT

HOUSTON, Aug. 2, 2018 /PRNewswire/ - Spectra Energy Partners, LP (NYSE: SEP) today reported net income of $391 million, of which $381 million is attributable to SEP's controlling interests, for the second quarter ended June 30, 2018, with earnings per limited partner unit of $0.78.

HIGHLIGHTS:

Strong quarter supported by solid base business performance and increased earnings from expansion projects More than $2 billion of expansion projects advancing and on target for respective 2018 in-service dates Received non-binding offer from Enbridge and Enbridge (U.S.) Inc. to acquire all of... More