Spectra Energy Partners Hits a Few Snags in Its Last Quarterly Report [The Motley Fool]
SPECTRA ENERGY PARTNERS (SEP)
Last spectra energy partners earnings: 11/1 04:15 pm
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US:NYSE Investor Relations:
spectraenergypartners.com/investors
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Source: The Motley Fool
With a pending merger with its parent company, Spectra didn't want to announce anything new or groundbreaking. By now, Spectra Energy Partners ' ( NYSE:SEP ) earnings results are more or less a formality for investors since parent company Enbridge ( NYSE:ENB ) announced a deal to acquire all outstanding shares. Unfortunately, Spectra Energy Partners didn't end things with a bang as its earnings were hit with higher-than-normal costs for some maintenance work. Here's a brief look at this most recent quarter and what investors should be expecting in the coming months as the two companies integrate. Spectra Energy Partners results: The raw numbers Metric Q3 2018 Q2 2018 Q3 2017 Operating revenue $737 million $726 million $693 million EBITDA $556 million $570 million $635 million Diluted EPS $0.75 $0.78 $1.15 Distributable cash flow $359 million $398 million $363 million DATA SOURCE: SPECTRA ENERGY PART
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