What happened to Spectra Energy Corp?
William Smith
Updated on February 09, 2026
What happened to Spectra Energy Corp?
On February 27, 2017, Enbridge Inc. and Spectra Energy Corp closed their merger transaction. This transaction has created a global energy infrastructure leader—with an enterprise value of approximately US$126 billion (C$166 billion)—that brings together the best liquids and natural gas franchises in North America.
Is Spectra Energy now Enbridge?
(Reuters) – Enbridge Inc, Canada’s largest pipeline operator, said on Friday it would buy its U.S. master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.
Who owns Spectra pipeline?
Enbridge
Spectra also operated three oil pipelines. In February 2017, Spectra Energy merged into the Canadian company Enbridge….Spectra Energy.
| Type | Public |
|---|---|
| Parent | Enbridge |
| Website |
Was Enbridge a spin off?
Canada’s Enbridge is buying Houston-based Spectra Energy for about $28 billion, creating North America’s largest energy infrastructure company. The combined company will be called Enbridge Inc. and keep its current headquarters in Calgary, Alberta.
When did Enbridge acquire spectra?
2017
Enbridge completes $3.3B acquisition of Spectra MLP in 2017, Canada-based Enbridge Inc.
Who owns Algonquin pipeline?
The Algonquin Gas Transmission is owned by Enbridge.
What year did Enbridge buy Spectra?
When was the combination completed? The combination of Enbridge Inc. (“Enbridge”) and Spectra Energy Corp (“Spectra Energy”) was completed on February 27, 2017.
Who bought Spectra Energy?
Enbridge Inc.
Enbridge Inc. announced the completion today of the previously announced stock-for-stock merger transaction (the Transaction) to acquire all of the outstanding common stock of Spectra Energy Corp.
Is Enbridge a buy or sell?
Enbridge has received a consensus rating of Buy. The company’s average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.
Who bought out Enbridge?
The Merger of Enbridge and Spectra Energy creates a leading global energy infrastructure company and the largest in North America with roughly C$166 billion (US$126 billion) in enterprise value and the strongest liquids and natural gas infrastructure franchises on the continent.
How much did Enbridge pay Spectra?
Enbridge to buy Spectra Energy Partners for $4.3 billion Back to video. Spectra shares rose by as much as 4.6 per cent on the New York Stock Exchange to US$39.62 on Friday morning while Enbridge fell by as much as 2.4 per cent to $45.99 on the Toronto Stock Exchange.
Who owns the most natural gas pipelines?
The 10 largest pipeline-focused companies by enterprise value:
| Company | Enterprise Value | Corporate Structure |
|---|---|---|
| Enbridge (NYSE:ENB) | $130.4 billion | Canadian corporation |
| Energy Transfer (NYSE:ET) | $95.9 billion | MLP |
| Enterprise Products Partners (NYSE:EPD) | $93.2 billion | MLP |
| TC Energy (NYSE:TRP) | $88.0 billion | Canadian corporation |
What is the stock price of Spectra Energy?
SPECTRA ENERGY : Partners Announces 37th Consecutive Quarterly Cash Distributio.. Levi & Korsinsky, LLP Notifies Shareholders of Spectra Energy Corp. of a Clas.. SPECTRA ENERGY CORP.
What do you need to know about Spectra Energy?
SPECTRA ENERGY CORP. All news about SPECTRA ENERGY CORP. Google-Temasek study sees $240 billion Southeast Asia internet economy by 202.. INVESTORSOBSERVER : releases covered-call reports for Advanced Micro Devices, E.. SPECTRA ENERGY CORP. : Ex-dividend day for SPECTRA ENERGY : Partners Announces 37th Consecutive Quarterly Cash Distributio..
What are the four segments of Spectra Energy?
The company manages its business through four reportable segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services.
