SOURCE: Industrial Info Resources

Industrial Info Resources

November 05, 2015 06:15 ET

Spectra Energy Presses On With Capital Spending, Expansions Amid Weak Prices in Third-Quarter 2015, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 5, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas)--Leading midstream company Spectra Energy Corporation (NYSE:SE) (Houston, Texas) pressed on with a slew of major expansion projects in third-quarter 2015, despite natural gas, natural gas liquids (NGL) and crude-oil prices being half of what they were in third-quarter 2014. A weak Canadian dollar also took a bite out of earnings, particularly in the Distribution and Western Canadian segments. Industrial Info is tracking $12.79 billion in projects involving Spectra.

Within this article: Details on Spectra's quarter and projects, including the NEXUS, Atlantic Bridge, Access South, Adair Southwest and Dawn-to-Parkway projects.

Other companies featured: DCP Midstream (NYSE:DPM), Phillips 66 (NYSE:PSX)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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