Spectra Energy Delivers Third-Quarter Earnings Beat; Looking Ahead to Completion of Enbridge Merger
As it makes progress toward consummating its merger with Enbridge, Spectra reported better-than-expected third-quarter earnings. The company generated $692 million of adjusted EBITDA versus the consensus expectation of $675 million. Like several of its industry peers, a large part of Spectra’s improved earnings performance stemmed from new fee-based projects placed into service at Spectra Energy Partners. The third-quarter DCP Midstream, in which SE has 50% interest, improved its profitability w...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.