2014 FIRST QUARTER UPDATE Spectra Energy Growth from a Position of Strength May 7, 2014
Safe Harbor Statement Some of what well discuss today concerning future company performance will be forward-looking information within the meanings of the securities laws. Actual results may materially differ from those discussed in…
1Q14 Results 1Q Ongoing SE & SEP EBITDA (MM) Key Metrics 1Q13 1Q14 1,005 SE DCF 503 631 SE Coverage 2.5x 2.8x 831 Note: Full year SE coverage expected to be 1.5x SEP DCF 73 324 SEP Coverage 1.1x 1.6x Note: Full year SEP…
Spectra Energy: 1Q14 Segment Results EBITDA Ongoing Segment EBITDA(1) (MM) 1Q13 1Q14 (1) EBITDA represents earnings before interest, taxes and Spectra Energy Partners 347 429 depreciation and amortization for Distribution 220 226…
Superior Performance during Winter Texas Eastern Texas Eastern NJ-NY Capacity Utilization (Bcf/d) Top 25 Days NE Market Delivery (Bcf/d) 0.8 800,000 6000 6 Total NJ/NY Capacity 0.7 700,000 5000 5 Total NJ/NY Delivery 0.6…
Texas Eastern Supply & Delivery Evolution By 2017, Texas Eastern will be delivering 2 Bcf/d to Gulf Coast & Midwest markets via bi-directional flows while retaining full capacity to Northeast markets Project In Service CapEx TEAM…
Executing & Pursuing Growth Opportunities On track to place 35 billion of growth projects 35 35B SEP projects in blue into service 2013-2020+ Express-Platte twinning 30 Power conversions Gulf Coast LNG 13+B Union Gas 8B Western…
Significant 1Q Progress Toward 2014 Priorities Spectra Energy Partners Distribution Western Field Services US Transmission Liquids Union Gas Canada DCP Midstream Continue to ramp Substantially Secure 3B of up Express-Platte Build off…
Investor Value Creation Strong operational and financial results demonstrate our ability to: Execute on Utilize financial Deliver solid dividend growth plan strength & flexibility & distribution growth Expansive footprint and…