About Spectra Energy
Spectra Energy is a company based in Houston (United States) founded in 2006 was acquired by Enbridge in September 2016.. Spectra Energy has completed 1 acquisition, including Bobcat Gas Storage. Spectra Energy offers products and services including Natural Gas Pipelines and Gas Storage Operations. Spectra Energy operates in a competitive market with competitors including Explorer Pipeline, Traverse Midstream, TC PipeLines, MoGas Pipeline and Southern Star Central, among others.
- Headquarter Houston, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Spectra Energy Corp
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Annual Revenue
$1.95 B-23as on Dec 31, 2017
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Net Profit
$703 M-43as on Dec 31, 2017
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EBITDA
$909 M-41as on Dec 31, 2017
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Enbridge
(Sep 06, 2016)
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Products & Services of Spectra Energy
Spectra Energy offers a comprehensive portfolio of products and services, including Natural Gas Pipelines and Gas Storage Operations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transmits natural gas through extensive pipeline networks
Manages storage and distribution of natural gas resources
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Software Development Team
210 people
Leadership Team
78 people
Manager Team
50 people
Finance and Accounting
47 people
Senior Team
40 people
Legal and Compliance
38 people
Operations Team
37 people
Human Resources and Administration
29 people
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Funding Insights of Spectra Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spectra Energy
Spectra Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Enbridge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Liquid storage, transportation, and distribution services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spectra Energy
Spectra Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bobcat Gas Storage. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Salt cavern storage facility for USA producers
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spectra Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spectra Energy Comparisons
Competitors of Spectra Energy
Spectra Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Explorer Pipeline, Traverse Midstream, TC PipeLines, MoGas Pipeline and Southern Star Central, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provides natural gas transmission services through pipelines
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| domain | founded_year | HQ Location |
Operates as a natural gas transmission company focused on efficient energy distribution.
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| domain | founded_year | HQ Location |
Natural gas pipeline transmission services are provided.
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| domain | founded_year | HQ Location |
Natural gas pipeline system is operated in the United States.
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| domain | founded_year | HQ Location |
Provider of natural gas transmission services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spectra Energy
Frequently Asked Questions about Spectra Energy
When was Spectra Energy founded?
Spectra Energy was founded in 2006.
Where is Spectra Energy located?
Spectra Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Spectra Energy?
Al Monaco is the current CEO of Spectra Energy.
What is the annual revenue of Spectra Energy?
Annual revenue of Spectra Energy is $1.95B as on Dec 31, 2017.
What does Spectra Energy do?
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.
Who are the top competitors of Spectra Energy?
Spectra Energy's top competitors include Explorer Pipeline, TC PipeLines and MoGas Pipeline.
What products or services does Spectra Energy offer?
Spectra Energy offers Natural Gas Pipelines and Gas Storage Operations.
How many acquisitions has Spectra Energy made?
Spectra Energy has made 1 acquisition, including Bobcat Gas Storage.
Who are Spectra Energy's investors?
Spectra Energy has 1 investor. Key investors include Enbridge.