Spectra Energy (SE) Sees FY12 EPS in 'Low $1.40s'; Street at $1.48

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Spectra Energy (SE) Targets FY13 EPS of $1.50

January 16, 2013 8:12 AM EST

Spectra Energy Corp (NYSE: SE) today announced its financial plan for 2013, which includes the following:

*Ongoing 2013 diluted earnings per share (EPS) target of $1.50.

*Annual dividend of $1.22, consistent with previously announced 10-cent increase.

*Investment of approximately $1.4 billion in expansion capital in 2013,... More