Credit Suisse 20th Annual Energy Summit February 23-24, 2015
Competitively Positioned Assets Outstanding asset footprint provides a strong base business and a well-positioned platform for ongoing expansion We go where the lights are connecting supply to demand Cre d it Su isse…
Financially Sound Business Model Outstanding asset 2015-2017 footprint provides DCF forecast a strong base has essentially business and a no incremental well-positioned commodity platform for downside ongoing…
SE Portfolio: Limited Commodity Exposure Historical SE EBITDA (MM) 2015-2017 DCF estimates 3500 3.1B are not dependent on any 3000 2.9B 7% DCP 2015-2017 Plan improvement in Empress commodity prices 2500 25% Commodity-based 2000…
Visible Earnings Growth 9.5B of Outstanding asset 2015-2017 expansion footprint provides DCF forecast projects currently a strong base has essentially in execution will business and a no incremental extend earnings…
7+ Billion Projects in Execution (1)(2) - Largely Demand Pull 100% 50/50 100% SUPPLY DEMAND PUSH PULL Est. CapEx Segment In-Service Counter- parties (MM) UST 2015 Red Lake 3Q15 60 Liquids 2015 Dawn Parkway 4Q15 390 Distribution…
Robust Expansion CapEx Leads to Significant EBITDA Growth 2015 & Beyond Incremental EBITDA from Projects Expansion CapEx by Segment (B) Currently in Execution (MM) 4.0 Western Canada 800 Distribution 3.5 Liquids UST 700 +800MM by…
What Investors Can Continue to Count On Strategic Financial Execution Delivering Positioning Positioning for Growth Results 9.5B of Outstanding asset 2015-2017 expansion 2015 2017 Plan footprint provides DCF forecast projects…
Spectra Energy Dividend Growth SE Dividend Increases: Actual Performance vs. Forecast 0.16 0.14 0.02 (1) 0.02 0.02 0.14 0.12 0.12 0.12 0.12 0.10 0.02 (1) 0.10 0.08 0.08 0.06 0.02 (1) 0.04 0.04 0.02 0.00 2011 2012 2013…