Spectra Energy Reports 34% Jump in Fourth-Quarter Profit, Puts $800 Million in New Projects to Work in 2014

Spectra Energy Reports 34% Jump in Fourth-Quarter Profit, Puts $800 Million in New Projects to Work in 2014

Spectra Energy Reports 34% Jump in Fourth-Quarter Profit, Puts $800 Million in New Projects to Work in 2014

SUGAR LAND--February 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Pipeline and midstream company Spectra Energy Corp (NYSE:SE) (Houston, Texas) placed nearly $800 million worth of projects into service in 2014. The company also secured $3 billion in projects through fee-based contracts. Industrial Info is tracking 152 Spectra-related projects worth $15.69 billion.

Within this article: Earnings results for Spectra Energy, with details on major projects, such as the Kingsport natural pipeline expansion and the Prince Rupert Westcoast Connector natural gas pipeline.

Additional companies: Eastman Chemical Company (NYSE:EMN), Fluor Corporation (NYSE:FLR), Phillips 66 (NYSE:PSX)

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