Spectra Energy 2010 Annual Report
By 2012, we will be leading our sector in...
safety and reliability...
customer responsiveness...
and profitability.
Natural gas is a fuel whose time has come. It’s reliable, cleanburning, domestically abundant and versatile. It stands ready to help address the environmental, economic and energy security needs of North America. So do we. Spectra Energy delivers natural gas – a bountiful North American resource. We connect robust supply basins to growing demand markets in the U.S. and Canada. And we focus every day on serving the current and future needs of our valued stakeholders. This is our time. We’re ready.
Contents Letter from the President & CEO Financial Highlights Letter from the Chairman Leading in Safety and Reliability Leading in Customer Responsiveness Leading in Profitability Financial Statements Board of Directors Leadership Team Investor Information 2 4 8 10 12 14 16 20 22 24
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America’s premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada with approximately 19,000 miles of transmission pipeline and more than 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of the Dow Jones Sustainability World and North America Indexes and the U.S. S&P 500 Carbon Disclosure Project’s Leadership Index... [continues]
By 2012, we will be leading our sector in...
safety and reliability...
customer responsiveness...
and profitability.
Natural gas is a fuel whose time has come. It’s reliable, cleanburning, domestically abundant and versatile. It stands ready to help address the environmental, economic and energy security needs of North America. So do we. Spectra Energy delivers natural gas – a bountiful North American resource. We connect robust supply basins to growing demand markets in the U.S. and Canada. And we focus every day on serving the current and future needs of our valued stakeholders. This is our time. We’re ready.
Contents Letter from the President & CEO Financial Highlights Letter from the Chairman Leading in Safety and Reliability Leading in Customer Responsiveness Leading in Profitability Financial Statements Board of Directors Leadership Team Investor Information 2 4 8 10 12 14 16 20 22 24
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America’s premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For nearly a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada with approximately 19,000 miles of transmission pipeline and more than 305 billion cubic feet of storage, as well as natural gas gathering and processing, natural gas liquids operations and local distribution assets. The company also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Spectra Energy is a member of the Dow Jones Sustainability World and North America Indexes and the U.S. S&P 500 Carbon Disclosure Project’s Leadership Index... [continues]
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