Spectra Energy - M&A Summary, Ownership, and Business Overview

Energy Services And EquipmentCompany

Spectra Energy M&A Summary

Spectra Energy has acquired 4 companies of its own. A total of 1 acquisition came from private equity firms.

Spectra Energy’s largest acquisition to date was in 2013, when it acquired Express-Platte Pipeline System for $1.5B. Spectra Energy has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include oil/gas exploration (50%) and utilities (25%).

Spectra Energy Ownership

Who owns Spectra Energy?

Spectra Energy is owned by Enbridge. It was acquired on August 24, 2018.

Spectra Energy Business Overview

Where is Spectra Energy headquartered?

Spectra Energy is headquartered in Houston, Texas.

What is Spectra Energy’s revenue?

Spectra Energy disclosed revenue of 5,234M USD for 2015 and 5,903M USD for 2014.

How many employees does Spectra Energy have?

Spectra Energy has 6,000 employees.

What sector is Spectra Energy in?

Spectra Energy is an energy services and equipment company.

When was Spectra Energy founded?

Spectra Energy was founded in 2006.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Spectra Energy Corp.

5400 Westheimer Court,
Houston, Texas 77056
United States,
(713) 627-5400
www.spectraenergy.com

Spectra Energy Corp. is a pipeline and midstream gas company. Spectra Energy’s operations in the United States and Canada include more than 22,000 miles of natural gas, natural gas liquids, and crude oil pipelines; approximately 305 billion cubic feet (Bcf) of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy was formed in 2006 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $2.0B $2.0B
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
Brazoria Interconnector Gas Pipeline LLC 2015-01-22 - Divestiture
Houston, Texas · www.brazoria-interconnector.com
Express-Platte Pipeline System 2013-03-14 1.5B USD Add-on Acquisition
, Texas
Port Barre Investments LLC 2010-07-16 540M USD Add-on Acquisition
Houston, Texas · www.bobcatstorage.com
Westcoast Energy, Inc. 2007-01-01 - Divestiture
Vancouver, United Kingdom · www.westcoastenergy.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (50%) - - -
Energy Services and Equipment 1 (25%) 1.5B (73%) - -
Utilities 1 (25%) 540M (27%) - -
Total 4 $2.0B - -

By Geo

State/Country Buy Value Sell Value
United States 3 2.0B - -
  Texas 3 2.0B - -
United Kingdom 1 - - -
Domestic 3 (75%) 2.0B (100%) - -
Cross-border 1 (25%) - - -
Total 4 $2.0B - -

Deal Values

buy # Total
> $1B 1 $1.5B
$100M to $1B 1 $540M
TOTAL $2.0B
Largest Express-Platte Pipeline System
$1.5B (2013-03-14)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Strategic(s)
50%
2 (50%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

5,234   12% 2015
5,903   7% 2014
5,518   9% 2013
5,075   2012
(millions of USD) Show More Show Less

Employees

6,000

Established

2006

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