Criterion News

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• 11/2/2022 - Phillips 66 Notes $3.0... (subscriber access)
• 11/2/2022 - Phillips 66 Notes They... (subscriber access)
• 2/10/2022 - DCP Midstream Expecting... (subscriber access)
• 2/11/2021 - DCP Midstream Completed... (subscriber access)
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• 3/28/2018 - Gulf Coast Express... (subscriber access)
• 2/5/2018 - DCP Midstream Expects Sand Hills Expansion to Reach Operation in 1Q18; Further Expansion Expected in 2H18
• 11/10/2017 - Extraction Oil & Gas Dealing with High Line Pressures in North Wattenberg Field Due to DCP's System Being Constrained
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• 10/4/2017 - Kinder Morgan, DCP Midstream and Targa to Jointly Develop 1.92 Bcf/d Gulf Coast Express Pipeline
• 9/6/2017 - DCP Midstream Resumes... (subscriber access)
• 6/6/2017 - Tallgrass Energy Closes on Acquisition of Douglas Natural Gas Gathering System
• 5/18/2017 - Tallgrass Energy... (subscriber access)
• 2/14/2017 - DCP Midstream Partners... (subscriber access)
• 2/14/2017 - DCP Midstream Partners... (subscriber access)
• 1/4/2017 - DCP Midstream Partners... (subscriber access)
• 1/4/2017 - DCP Midstream Partners... (subscriber access)
• 1/4/2017 - DCP Midstream Partners to Construct Two New Natural Gas Processing Plants in DJ Basin
• 1/4/2017 - DCP Midstream Partners & DCP Midstream, LLC Announce Merger
• 8/1/2016 - Phillips 66 Reports Drop... (subscriber access)
• 2/25/2016 - DCP Midstream Partners Q4 Earnings Release: CapEx Cut, Segment Performance
• 2/25/2016 - DCP Midstream Partners Q4 Earnings Release: Net Income of $228 Million
• 9/9/2015 - P66 and Spectra to... (subscriber access)

Press Releases

1/6/2017 - Spectra Energy and Spectra Energy Partners Schedule Fourth Quarter 2016 Earnings Releases
X
Spectra Energy and Spectra Energy Partners Schedule Fourth Quarter 2016 Earnings Releases
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Jan. 6, 2017 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) and Spectra Energy Partners (NYSE: SEP) will issue their fourth quarter 2016 earnings results before the market opens on Friday, February 17, 2017, in order to coincide with their planned 10-K filings.
Given the proximity of the earnings releases with the anticipated first quarter closing of the merger with Enbridge Inc., Spectra Energy and Spectra Energy Partners will not host a quarterly conference call, but will provide financial results and project updates in their news releases consistent with previous practices, and will be available for individual analyst and investor calls as requested.
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies. Based in Houston, Texas, the company's operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines; approximately 300 billion cubic feet of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest pipeline master limited partnerships in the United States and owner of the natural gas and crude oil assets in Spectra Energy's U.S. portfolio. Spectra Energy also has a 50 percent ownership in DCP Midstream, LLC, which is the general partner of DCP Midstream Partners, LP (NYSE: DPM), the largest natural gas liquids producer and the largest natural gas processor in the United States, and the largest gathering and processing master limited partnership in the United States. Spectra Energy has served North American customers and communities for more than a century. For more information, visit www.spectraenergy.com.
FORWARD-LOOKING STATEMENTS
This communication includes certain forward looking statements and information ("FLI") to provide Enbridge and Spectra Energy's shareholders and potential investors with information about Enbridge, Spectra Energy and their respective subsidiaries and affiliates, including each company's management's respective assessment of Enbridge, Spectra Energy and their respective subsidiaries' future plans and operations, which FLI may not be appropriate for other purposes. FLI is typically identified by words such as "anticipate", "expect", "project", "estimate", "forecast", "plan", "intend", "target", "believe", "likely" and similar words suggesting future outcomes or statements regarding an outlook. All statements other than statements of historical fact may be FLI. In particular, this document contains FLI pertaining to, but not limited to, information with respect to the proposed transaction jointly announced by Enbridge and Spectra Energy on September 6, 2016.
Although we believe that the FLI is reasonable based on the information available today and processes used to prepare it, such statements are not guarantees of future performance and you are cautioned against placing undue reliance on FLI. By its nature, FLI involves a variety of assumptions, which are based upon factors that may be difficult to predict and that may involve known and unknown risks and uncertainties and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by these FLI, including, but not limited to, the following: the timing and completion of the transaction, including receipt of regulatory approvals and the satisfaction of other conditions precedent; interloper risk; the realization of anticipated benefits and synergies of the transaction and the timing thereof; the success of integration plans; the focus of management time and attention on the transaction and other disruptions arising from the transaction; estimated future dividends; financial strength and flexibility; debt and equity market conditions, including the ability to access capital markets on favorable terms or at all; cost of debt and equity capital; potential changes in the Enbridge share price which may negatively impact the value of consideration offered to Spectra Energy shareholders; expected supply and demand for crude oil, natural gas, natural gas liquids and renewable energy; prices of crude oil, natural gas, natural gas liquids and renewable energy; economic and competitive conditions; expected exchange rates; inflation; interest rates; tax rates and changes; completion of growth projects; anticipated in-service dates; capital project funding; success of hedging activities; the ability of management of Enbridge, its subsidiaries and affiliates to execute key priorities, including those in connection with the transaction; availability and price of labor and construction materials; operational performance and reliability; customer, regulatory and other stakeholder approvals and support; regulatory and legislative decisions and actions; public opinion; and weather. We caution that the foregoing list of factors is not exhaustive. Additional information about these and other assumptions, risks and uncertainties can be found in applicable filings with Canadian and U.S. securities regulators, including any proxy statement, prospectus or registration statement filed in connection with the transaction. Due to the interdependencies and correlation of these factors, as well as other factors, the impact of any one assumption, risk or uncertainty on FLI cannot be determined with certainty.
Except to the extent required by law, we assume no obligation to publicly update or revise any FLI, whether as a result of new information, future events or otherwise. All FLI in this document is expressly qualified in its entirety by these cautionary statements.
SOURCE Spectra Energy Corp

Article Date
1/6/2017
Close
1/5/2017 - Spectra Energy Announces New Quarterly Dividend of $0.44 per Share
X
Spectra Energy Announces New Quarterly Dividend of $0.44 per Share
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
Increases Annual Dividend to $1.76 from $1.62
HOUSTON, Jan. 5, 2017 /PRNewswire/ -- Spectra Energy Corp (NYSE: SE) has announced a 14-cent increase in its annual dividend on its common stock to $1.76 per share, or $0.44 on a quarterly basis. The quarterly cash dividend declared by Spectra Energy on its common stock for the first quarter of 2017 is payable on March 1, 2017, to shareholders of record at the close of business on February 15, 2017.
"Delivering on the commitment we made to our investors, which is underlined by our reliable cash flows, we are again increasing our annual dividend by 14 cents, to $1.76 per share," said Greg Ebel, chief executive officer, Spectra Energy. "Looking forward, our dividend growth projections are further enhanced upon completion of our proposed merger with Enbridge Inc. Including today's announced dividend increase, we anticipate investors of the combined company to benefit from an annualized 15 percent dividend increase in 2017, and then 10 to 12 percent annual increases through at least 2024."
Spectra Energy's proposed merger with Enbridge is expected to close in the first quarter this year.
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America's leading pipeline and midstream companies. Based in Houston, Texas, the company's operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines; approximately 300 billion cubic feet of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest pipeline master limited partnerships in the United States and owner of the natural gas and crude oil assets in Spectra Energy's U.S. portfolio. Spectra Energy also has a 50 percent ownership in DCP Midstream, LLC, which is the general partner of DCP Midstream Partners, LP (NYSE: DPM), the largest natural gas liquids producer and the largest natural gas processor in the United States, and the largest gathering and processing master limited partnership in the United States. Spectra Energy has served North American customers and communities for more than a century. For more information, visit www.spectraenergy.com.
FORWARD-LOOKING STATEMENTS
This communication includes certain forward looking statements and information ("FLI") to provide Enbridge and Spectra Energy's shareholders and potential investors with information about Enbridge, Spectra Energy and their respective subsidiaries and affiliates, including each company's management's respective assessment of Enbridge, Spectra Energy and their respective subsidiaries' future plans and operations, which FLI may not be appropriate for other purposes. FLI is typically identified by words such as "anticipate", "expect", "project", "estimate", "forecast", "plan", "intend", "target", "believe", "likely" and similar words suggesting future outcomes or statements regarding an outlook. All statements other than statements of historical fact may be FLI. In particular, this document contains FLI pertaining to, but not limited to, information with respect to the proposed transaction jointly announced by Enbridge and Spectra Energy on September 6, 2016.
Although we believe that the FLI is reasonable based on the information available today and processes used to prepare it, such statements are not guarantees of future performance and you are cautioned against placing undue reliance on FLI. By its nature, FLI involves a variety of assumptions, which are based upon factors that may be difficult to predict and that may involve known and unknown risks and uncertainties and other factors which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by these FLI, including, but not limited to, the following: the timing and completion of the transaction, including receipt of regulatory approvals and the satisfaction of other conditions precedent; interloper risk; the realization of anticipated benefits and synergies of the transaction and the timing thereof; the success of integration plans; the focus of management time and attention on the transaction and other disruptions arising from the transaction; estimated future dividends; financial strength and flexibility; debt and equity market conditions, including the ability to access capital markets on favorable terms or at all; cost of debt and equity capital; potential changes in the Enbridge share price which may negatively impact the value of consideration offered to Spectra Energy shareholders; expected supply and demand for crude oil, natural gas, natural gas liquids and renewable energy; prices of crude oil, natural gas, natural gas liquids and renewable energy; economic and competitive conditions; expected exchange rates; inflation; interest rates; tax rates and changes; completion of growth projects; anticipated in-service dates; capital project funding; success of hedging activities; the ability of management of Enbridge, its subsidiaries and affiliates to execute key priorities, including those in connection with the transaction; availability and price of labor and construction materials; operational performance and reliability; customer, regulatory and other stakeholder approvals and support; regulatory and legislative decisions and actions; public opinion; and weather. We caution that the foregoing list of factors is not exhaustive. Additional information about these and other assumptions, risks and uncertainties can be found in applicable filings with Canadian and U.S. securities regulators, including any proxy statement, prospectus or registration statement filed in connection with the transaction. Due to the interdependencies and correlation of these factors, as well as other factors, the impact of any one assumption, risk or uncertainty on FLI cannot be determined with certainty.
Except to the extent required by law, we assume no obligation to publicly update or revise any FLI, whether as a result of new information, future events or otherwise. All FLI in this document is expressly qualified in its entirety by these cautionary statements.
SOURCE Spectra Energy Corp

Article Date
1/5/2017
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Direct Assets

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Direct Projects

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Sand Hills Expansion Project Phase I (subscriber access)
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Gulf Coast Express Pipeline Project (subscriber access)
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Southern Hills Pipeline Expansion (4Q20) (subscriber access)
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Texas Express Expansion (subscriber access)
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