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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.02
SE's Cash to Debt is ranked higher than
64% of the 123 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.06 vs. SE: 0.02 )
SE' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.02

Equity to Asset 0.26
SE's Equity to Asset is ranked higher than
62% of the 126 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.38 vs. SE: 0.26 )
SE' s 10-Year Equity to Asset Range
Min: 0.23   Max: 0.38
Current: 0.26

0.23
0.38
Interest Coverage 2.54
SE's Interest Coverage is ranked higher than
65% of the 103 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.53 vs. SE: 2.54 )
SE' s 10-Year Interest Coverage Range
Min: 0.7   Max: 9999.99
Current: 2.54

0.7
9999.99
F-Score: 4
Z-Score: 1.10
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 30.71
SE's Operating margin (%) is ranked higher than
88% of the 127 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9.69 vs. SE: 30.71 )
SE' s 10-Year Operating margin (%) Range
Min: 5.17   Max: 33.85
Current: 30.71

5.17
33.85
Net-margin (%) 18.33
SE's Net-margin (%) is ranked higher than
87% of the 127 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.39 vs. SE: 18.33 )
SE' s 10-Year Net-margin (%) Range
Min: -7.34   Max: 27.45
Current: 18.33

-7.34
27.45
ROE (%) 12.30
SE's ROE (%) is ranked higher than
79% of the 136 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.96 vs. SE: 12.30 )
SE' s 10-Year ROE (%) Range
Min: -9.53   Max: 22.06
Current: 12.3

-9.53
22.06
ROA (%) 3.13
SE's ROA (%) is ranked higher than
75% of the 137 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.87 vs. SE: 3.13 )
SE' s 10-Year ROA (%) Range
Min: -2.31   Max: 6.11
Current: 3.13

-2.31
6.11
ROC (Joel Greenblatt) (%) 8.00
SE's ROC (Joel Greenblatt) (%) is ranked higher than
74% of the 129 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 8.00 vs. SE: 8.00 )
SE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.75   Max: 11.28
Current: 8

2.75
11.28
Revenue Growth (%) 2.60
SE's Revenue Growth (%) is ranked higher than
70% of the 115 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.50 vs. SE: 2.60 )
SE' s 10-Year Revenue Growth (%) Range
Min: -42   Max: 22
Current: 2.6

-42
22
EBITDA Growth (%) 1.40
SE's EBITDA Growth (%) is ranked higher than
70% of the 108 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 7.60 vs. SE: 1.40 )
SE' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 20.8
Current: 1.4

0
20.8
EPS Growth (%) -1.10
SE's EPS Growth (%) is ranked higher than
73% of the 102 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.10 vs. SE: -1.10 )
SE' s 10-Year EPS Growth (%) Range
Min: 0   Max: 19.5
Current: -1.1

0
19.5
» SE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

SE Guru Trades in Q3 2013

Pioneer Investments 593,127 sh (+0.34%)
Chris Davis 11,750 sh (unchged)
Jeff Auxier 6,146 sh (unchged)
Steven Cohen Sold Out
James Barrow Sold Out
Mario Gabelli 130,259 sh (-0.76%)
» More
Q4 2013

SE Guru Trades in Q4 2013

Jim Simons 307,800 sh (New)
Pioneer Investments 593,663 sh (+0.09%)
Chris Davis 11,750 sh (unchged)
Jeff Auxier 6,121 sh (-0.41%)
Mario Gabelli 127,454 sh (-2.15%)
» More
Q1 2014

SE Guru Trades in Q1 2014

Steven Cohen 16,744 sh (New)
Jeff Auxier 6,121 sh (unchged)
Jim Simons Sold Out
Chris Davis Sold Out
Pioneer Investments 591,228 sh (-0.41%)
Mario Gabelli 125,054 sh (-1.88%)
» More
Q2 2014

SE Guru Trades in Q2 2014

Pioneer Investments 618,303 sh (+4.58%)
Jeff Auxier 6,121 sh (unchged)
Mario Gabelli 124,754 sh (-0.24%)
» More
» Details

Insider Trades

Latest Guru Trades with SE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
James Barrow 2013-09-30 Sold Out 0.72%$32.58 - $36.75 $ 39.9216%0
James Barrow 2013-03-31 Reduce -59.03%1%$27 - $30.75 $ 39.9239%12581631
Mario Gabelli 2012-09-30 Reduce -30.44%0.01%$28.26 - $30.85 $ 39.9236%151464
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Spectra Energy Corp

GuruFocus Names Two Dividend Growers This Week
During the past week, GuruFocus recognized two companies as dividend growers. In order to be qualified for this list, the company had to: Read more...
James Barrow Chops Holding of GE, ITT, More
Changes in the third quarter portfolio of Barrow, Hanley, Mewhinney & Strauss, led by Guru James Barrow, include 24 reductions and sells combined, including high-impact decreases of his positions in General Electric Co. (GE), ITT Corp. (ITT) and the selling of Spectra Energy Corp. (SE), among many others. James Barrow’s updated portfolio lists 163 stocks, four of them new, and a total value at $62.5 billion. The quarter-over-quarter turnover is 6%. Barrow’s portfolio is weighted with financial services at 23.7%, health care at 17.8% and technology at 15.7%. He is averaging a return of 19.17% over 12 months. Read more...
HSBC Holdings and Spectra Energy Top Dividend Growers of the Week
During the past week, GuruFocus recognized two companies as dividend growers. In order to be qualified for this list, the company had to: Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 25.20
SE's P/E(ttm) is ranked higher than
87% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 37.70 vs. SE: 25.20 )
SE' s 10-Year P/E(ttm) Range
Min: 6.82   Max: 27.56
Current: 25.2

6.82
27.56
P/B 3.09
SE's P/B is ranked higher than
70% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.89 vs. SE: 3.09 )
SE' s 10-Year P/B Range
Min: 1.25   Max: 5.95
Current: 3.09

1.25
5.95
P/S 4.63
SE's P/S is ranked higher than
65% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.76 vs. SE: 4.63 )
SE' s 10-Year P/S Range
Min: 1.48   Max: 22.71
Current: 4.63

1.48
22.71
PFCF 120.97
SE's PFCF is ranked higher than
83% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9999.00 vs. SE: 120.97 )
SE' s 10-Year PFCF Range
Min: 16.08   Max: 901
Current: 120.97

16.08
901
EV-to-EBIT 24.05
SE's EV-to-EBIT is ranked higher than
80% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 27.60 vs. SE: 24.05 )
SE' s 10-Year EV-to-EBIT Range
Min: 11.5   Max: 44.7
Current: 24.05

11.5
44.7
PEG 8.43
SE's PEG is ranked higher than
83% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 9999.00 vs. SE: 8.43 )
SE' s 10-Year PEG Range
Min: 0.63   Max: 49.22
Current: 8.43

0.63
49.22
Shiller P/E 24.17
SE's Shiller P/E is ranked higher than
88% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 44.92 vs. SE: 24.17 )
SE' s 10-Year Shiller P/E Range
Min: 12.88   Max: 35.16
Current: 24.17

12.88
35.16
Current Ratio 0.70
SE's Current Ratio is ranked higher than
61% of the 122 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.03 vs. SE: 0.70 )
SE' s 10-Year Current Ratio Range
Min: 0.31   Max: 1.16
Current: 0.7

0.31
1.16
Quick Ratio 0.61
SE's Quick Ratio is ranked higher than
62% of the 122 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.91 vs. SE: 0.61 )
SE' s 10-Year Quick Ratio Range
Min: 0.24   Max: 1.06
Current: 0.61

0.24
1.06

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.30
SE's Dividend Yield is ranked lower than
63% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.95 vs. SE: 3.30 )
SE' s 10-Year Dividend Yield Range
Min: 0.81   Max: 8.46
Current: 3.3

0.81
8.46
Dividend Payout 0.81
SE's Dividend Payout is ranked higher than
86% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.48 vs. SE: 0.81 )
SE' s 10-Year Dividend Payout Range
Min: 0.4   Max: 1.52
Current: 0.81

0.4
1.52
Dividend growth (3y) 6.90
SE's Dividend growth (3y) is ranked higher than
77% of the 92 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 6.80 vs. SE: 6.90 )
SE' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 6.9
Current: 6.9

0
6.9
Yield on cost (5-Year) 4.31
SE's Yield on cost (5-Year) is ranked lower than
70% of the 120 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.72 vs. SE: 4.31 )
SE' s 10-Year Yield on cost (5-Year) Range
Min: 1.06   Max: 11.06
Current: 4.31

1.06
11.06
Share Buyback Rate -1.10
SE's Share Buyback Rate is ranked higher than
92% of the 119 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: -11.80 vs. SE: -1.10 )
SE' s 10-Year Share Buyback Rate Range
Min: 17.9   Max: -121.1
Current: -1.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 7.03
SE's Price/Tangible Book is ranked higher than
62% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 4.58 vs. SE: 7.03 )
SE' s 10-Year Price/Tangible Book Range
Min: 3.38   Max: 15.16
Current: 7.03

3.38
15.16
Price/DCF (Projected) 3.02
SE's Price/DCF (Projected) is ranked higher than
80% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 5.64 vs. SE: 3.02 )
SE' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 3.77
Current: 3.02

0.9
3.77
Price/Median PS Value 1.32
SE's Price/Median PS Value is ranked higher than
75% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 1.45 vs. SE: 1.32 )
SE' s 10-Year Price/Median PS Value Range
Min: 0.52   Max: 6.21
Current: 1.32

0.52
6.21
Price/Graham Number 2.62
SE's Price/Graham Number is ranked higher than
76% of the 138 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 2.77 vs. SE: 2.62 )
SE' s 10-Year Price/Graham Number Range
Min: 1.11   Max: 3.93
Current: 2.62

1.11
3.93
Earnings Yield (Greenblatt) 4.20
SE's Earnings Yield (Greenblatt) is ranked higher than
77% of the 122 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.90 vs. SE: 4.20 )
SE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.2   Max: 8.7
Current: 4.2

2.2
8.7
Forward Rate of Return (Yacktman) 4.82
SE's Forward Rate of Return (Yacktman) is ranked higher than
78% of the 112 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 3.21 vs. SE: 4.82 )
SE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -15.6   Max: 23.5
Current: 4.82

-15.6
23.5

Business Description

Industry: Oil & Gas - Midstream » Oil & Gas Midstream
Compare:WES, ENB, ETE, KMP, PAA » details
Traded in other countries:N4D.Germany
Spectra Energy Corp. was incorporated on July 28, 2006 as a Delaware corporation. It through its subsidiaries and equity affiliates owns and operates a portfolio of complementary natural gas-related energy assets and is one of North America's natural gas infrastructure companies. For close to a century, Spectra Energy and its predecessor companies have developed critically pipelines and related energy infrastructure connecting natural gas supply sources to premium markets. Spectra Energy operates in three key areas of the natural gas industry: transmission and storage, distribution, and gathering and processing. Based in Houston, Texas, it provides transportation and storage of natural gas to customers in regions of the Eastern and Southeastern United States, the Maritime Provinces in Canada and the Pacific Northwest in the United States and Canada, and in the province of Ontario in Canada. Spectra Energy also provides natural gas sales and distribution service to retail customers in Ontario, and natural gas gathering and processing services to customers in Western Canada. Duke Energy contributed the natural gas businesses, comprised of the Natural Gas Transmission and Field Services business segments of Duke Energy that were owned through Duke Energy's then wholly owned subsidiary, Spectra Energy Capital, LLC. Subsequent to the reorganization and spin-off of Spectra Energy from Duke Energy, Spectra Energy manages its business in four reportable segments: U.S. Transmission, Distribution, Western Canada Transmission & Processing, and Field Services. Spectra Energy's U.S. Transmission transportation and storage businesses compete with facilities that serve its supply and market areas in the transportation and storage of natural gas. The elements of competition are rates, terms of service, and flexibility and reliability of service. The natural gas that Spectra Energy transports in its transmission business competes with other forms of energy available to its customers and end-users, including electricity, coal, propane and fuel oils. In general, Spectra Energy's U.S. Transmission pipelines provide transportation and storage services to local distribution companies, electric power generators, exploration and production companies, and industrial and commercial customers, as well as energy marketers. Spectra Energy also provides interruptible transportation and storage services where customers can use capacity if it is available at the time of the request. Spectra Energy provides distribution services in Canada through its subsidiary, Union Gas Limited. Union Gas owns pipeline, storage and compression facilities used in the transportation, storage and distribution of natural gas. Spectra Energy purchases manufactured equipment and materials for use in operations and expansion projects. The main equipment and materials utilized in operations and project execution processes are steel pipe, compression engines, valves, fittings, polyethy
» More Articles for SE

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More From Other Websites
Union Gas helps improve access to Mark's Bay Conservation Area Sep 15 2014
Spectra Energy CFO Pat Reddy to Speak at Wolfe Research Power and Gas Leaders Conference Sep 15 2014
Calls look for rebound in Spectra Sep 15 2014
Union Gas to lower rates, customers to save on energy costs Sep 12 2014
Gulfstream Natural Gas System L.L.C. -- Moody's affirms Gulfstream's rating, outlook remains stable Sep 10 2014
[$$] Duke Energy to Own 40% Stake in Atlantic Pipeline Venture Sep 03 2014
Spectra Energy President & CEO Greg Ebel to Speak at Barclays CEO Energy-Power Conference Aug 29 2014
How investor is hedging Spectra Aug 19 2014
Spectra Energy Corp Operational Initiatives Remain in Place Aug 15 2014
SPECTRA ENERGY CORP. Financials Aug 15 2014
Bill Yardley, Spectra Energy's President of U.S. Transmission and Storage, to Speak at Goldman Sachs... Aug 11 2014
Westcoast Energy and Union Gas Declare Dividends Aug 07 2014
SPECTRA ENERGY CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Aug 06 2014
Spectra Energy (SE) Q2 Earnings and Revenues Miss Estimates Aug 06 2014
[$$] Spectra Energy Profit Falls Aug 06 2014
Spectra Energy Corp and Spectra Energy Partners LP Earnings Call scheduled for 9:00 am ET today Aug 06 2014
Q2 2014 Spectra Energy Earnings Release - Before Market Open Aug 06 2014
Spectra Energy Partners Reports Second Quarter 2014 Results Aug 06 2014
Spectra Energy Reports Second Quarter 2014 Results Aug 06 2014
Spectra Energy Partners Announces 27th Consecutive Quarterly Cash Distribution Increase Aug 06 2014

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