Spectra Energy

Houston, United States Founded: 2006 • Age: 20 yrs Acquired By Enbridge
Natural gas pipeline transmission services are provided in North America.

About Spectra Energy

Spectra Energy is an Energy & Utilities company based in Houston (United States) founded in 2006, and was acquired by Enbridge in September 2016. Natural gas pipeline transmission services are provided in North America. Spectra Energy has completed 1 acquisition, including Bobcat Gas Storage. Its chief executive, as recorded, is Al Monaco. Spectra Energy offers products and services including Natural Gas Pipelines and Gas Storage Operations. Its focus areas include Energy, Oil & Gas Midstream, Transportation and Pipelines. Its legal entity is Spectra Energy Corp. Its competitors include Explorer Pipeline, Traverse Midstream and TC PipeLines; 1 of its 3 listed competitors has raised funding.

Company details

Spectra Energy was founded in 2006 and is headquartered in Houston, United States. Operations in the midstream energy sector span the United States and Canada, with over 21,000 miles of pipelines used for natural gas, natural gas liquids, and crude oil transport. Storage facilities encompass 300 billion cubic feet of natural gas and 4.8 million barrels of crude oil. Gathering, processing, and local distribution activities are also managed.

  • Headquarters Houston, United States
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website spectraenergy.com
  • Social LinkedIn X Facebook
  • Acquired by Enbridge (Sep 2016)
  • Legal Name Spectra Energy Corp
Key Metrics
  • Annual Revenue
    $1.95 B (USD)
    -23
    as on Dec 31, 2017
  • Net Profit
    $703 M (USD)
    -43
    as on Dec 31, 2017
  • EBITDA
    $909 M (USD)
    -41
    as on Dec 31, 2017
  • Investors
  • Investments & Acquisitions
  • Acquired by
    Enbridge

    (Sep 2016)

Products & Services of Spectra Energy

Spectra Energy offers a comprehensive portfolio of products and services, including Natural Gas Pipelines and Gas Storage Operations.

Natural Gas Pipelines
Energy Infrastructure

Transmits natural gas through extensive pipeline networks

Gas Storage Operations
Energy Services

Manages storage and distribution of natural gas resources

Investors in Spectra Energy

Spectra Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Enbridge.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Liquid storage, transportation, and distribution services are provided globally.
1949enbridge.comCalgary, Canada
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Investor details for Spectra Energy

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People of Spectra Energy

835 people are tracked at Spectra Energy (169 in leadership, 11 in board & advisors, 655 in team).

NameRoleGroup
Al Monaco
CEOLeadership
James Stewart
Director, Offshore WindLeadership
James D. Bouchard
VP & CISOLeadership
Joseph A. Gollapalli
VP & CTOLeadership
Gaurdie Banister
DirectorLeadership
Mohamed C.
Vice President - Integrity & Risk ManagementLeadership
Kristen Murray
Director, Risk Control And ContractsLeadership
Jonathan E. Gould
VP, Treasury, Risk & PensionsLeadership
Rob Pitcairn
Director, Value Chain OptimizationLeadership
Grant Rubie
Director, Pipeline Programs ExecutionLeadership
Robert J. Jozwiak
VP, Power OperationsLeadership
Patrick R. Murray
EVP & Chief Financial OfficerLeadership
Lisa D. Wilson
Vice President & Chief Compliance OfficerLeadership
Neerajah Raviraj
Director, Damage Prevention & Operations ServicesLeadership
Jeff Wolfe
Director Business Development & Marketing Southeast RegionLeadership
Melissa Laforge
Senior Vice President Chief Accounting OfficerLeadership
Michael J. Villegas
Director, Tax Planning & ResearchLeadership
Denise Janousek
Director, Economic Evaluation & Regulatory StrategyLeadership
Martin di Blasi
Director Of Risk ManagementLeadership
Dan Martin
Director, Power Project ExecutionLeadership

815 more people are available in the full profile.

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Investments & Acquisitions by Spectra Energy

Spectra Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bobcat Gas Storage.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Salt cavern storage facility for USA producers
bobcatstorage.comLafayette, United States2005Jul 2010$540M
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Timeline of Spectra Energy

3 dated milestones of Spectra Energy across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spectra Energy is founded.
  2. Acquisition Acquires Bobcat Gas Storage.
  3. Exit Acquired by Enbridge.

Competitors of Spectra Energy

Spectra Energy has 3 listed competitors in our database, 1 of them funded. They include Explorer Pipeline, Traverse Midstream and TC PipeLines.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
expl.com1971Tulsa, United States235
Provides natural gas transmission services through pipelines
traversemidstream.com2014Edmond, United States$545M
Operates as a natural gas transmission company focused on efficient energy distribution.
tcpipelineslp.com1990Houston, United States
Natural gas pipeline transmission services are provided.
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Detailed competitors of Spectra Energy

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Web traffic of Spectra Energy

The website of Spectra Energy (spectraenergy.com) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▲ 3% vs previous month

Similar websites

Websites whose visitors overlap most with Spectra Energy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kindermorgan.com
100%
98.1K#445,833View details
spectraenergypartners.com
95%
View details
targaresources.com
91%
11.5K#1,018,335View details
talisman-energy.com
86%
View details
northernnaturalgas.com
83%
4.9K#3,741,418View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Oil & Gas Operations

3 companies that operate in the same segment as Spectra Energy (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oilfield services and products are supplied worldwide by Schlumberger.
1926United StatesUSD 35.69 B110,000
bp is recognized as a global energy company.
1909United StatesUSD 185.5 B100,500
Energy production and transportation are conducted by Dominion Energy.
1983United StatesUSD 16.73 B14,700
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Related news about Spectra Energy

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Frequently Asked Questions about Spectra Energy

Spectra Energy was founded in 2006.

Spectra Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Al Monaco is the CEO of Spectra Energy, as recorded in our data.

Annual revenue of Spectra Energy is $1.95B as on Dec 31, 2017.

Spectra Energy was founded in 2006 and is headquartered in Houston, United States. Operations in the midstream energy sector span the United States and Canada, with over 21,000 miles of pipelines used for natural gas, natural gas liquids, and crude oil transport. Storage facilities encompass 300 billion cubic feet of natural gas and 4.8 million barrels of crude oil. Gathering, processing, and local distribution activities are also managed.

Spectra Energy's top competitors include Explorer Pipeline, TC PipeLines and Traverse Midstream.

Spectra Energy offers Natural Gas Pipelines and Gas Storage Operations.

Spectra Energy has made 1 acquisition, including Bobcat Gas Storage.

Spectra Energy has 1 investor. Key investors include Enbridge.

Spectra Energy operates through Spectra Energy Corp.

Yes. Spectra Energy was acquired by Enbridge in September 2016.

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