Spectra Energy Partners, LP Announces Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended September 30, 2017
November 01, 2017 at 04:56 pm EDT
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Spectra Energy Partners, LP announced unaudited consolidated earnings results for third quarter and nine months ended September 30, 2017. For the quarter, the company reported operating revenues of $693 million, operating income of $374 million, EBIT of $475 million, net income of $471 million, EBITDA of $635 million compared to the operating revenues of $628 million, operating income of $280 million, EBIT of $300 million, net income of $296 million, EBITDA of $431 million for the same quarter a year ago.
For the year to date, the company reported operating revenues of $2,088 million, operating income of $1,049 million, EBIT of $1,206 million, net income of $1,192 million, EBITDA of $1,653 million compared to the operating revenues of $1,870 million, operating income of $909 million, EBIT of $925 million, net income of $912 million, EBITDA of $1,320 million for the same period a year ago.
Spectra Energy Partners, LP is a United States-based company. The Company provides pipeline and storage facilities for master limited partnerships businesses in the United States with expanding natural gas, crude oil, and liquids markets. It offers pipeline services for growing supply areas to demanded markets for natural gas and crude oil.