Spectra Energy Corp.
Utilities · Natural Gas Transmisison & Distribution · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.62B | $5.90B | $1.59B | $1.54B | $5.35B |
| Operating income | $494.0M | $541.0M | $1.92B | $506.0M | $519.0M | $1.76B |
| Net income | $234.0M | $267.0M | $1.08B | $340.0M | $333.0M | $1.18B |
| Total assets | $36.84B | $32.92B | $34.00B | $33.53B | $30.59B | $28.14B |
| Total liabilities | — | — | — | — | — | — |
| Equity | $7.16B | $6.53B | $8.16B | $8.49B | $8.97B | $8.06B |
| EPS (diluted) | — | $0.40 | $0.62 | $0.51 | $0.51 | $1.81 |
| Shares out. | 671.5M | 671.1M | 670.2M | 668.1M | 651.2M | 648.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 35.7%
- Net margin
- 16.9%
- Return on equity
- 3.3%
- Return on assets
- 0.6%
- Return on capital (ROCE)
- 1.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $10.66
- Revenue growth (YoY)
- −14.7%
- Net income growth (YoY)
- −12.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2016- Accruals / assets
- −4.9%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 3 good- Revenue declined year-over-year
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Capps Allen COfficer — Vice President and Controller | Feb 27, 2017 | D | 7,364 | — |
| Hedgebeth Reginald DOfficer — General Counsel | Feb 27, 2017 | D | 142,927 | — |
| Fiedorek Robert MarkOfficer — President SET West | Feb 27, 2017 | D | 109,199 | — |
| Sayavedra Laura BussOfficer — Vice President and Treasurer | Feb 27, 2017 | D | 12,011 | — |
| Ebel Gregory LOfficer — President and CEO | Feb 27, 2017 | D | 463,573 | — |
| Baker Stephen WOfficer — President, Union Gas | Feb 27, 2017 | D | 44,382 | — |
| Dill JulieOfficer — Chief Communications Officer | Feb 27, 2017 | D | 53,539 | — |
| Yardley William T.Officer — Pres, US Transmission&Storage | Feb 27, 2017 | D | 71,940 | — |
| Reddy J PatrickOfficer — Chief Financial Officer | Feb 27, 2017 | D | 124,255 | — |
| Morris Michael GDirector | Feb 27, 2017 | D | 16,287 | — |
| Buckley Guy G.Officer — Chief Development Officer | Feb 27, 2017 | D | 53,676 | — |
| Ables Dorothy MOfficer — Chief Administrative Officer | Feb 27, 2017 | D | 144,722 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventFeb 27, 2017
- Other material eventFeb 23, 2017
- Results of operationsFeb 17, 2017
- Other material eventFeb 16, 2017
- Item 5.04Jan 19, 2017
- Entered a material agreement · New financial obligationJan 9, 2017
- Director / officer changeDec 23, 2016
- Other material eventDec 21, 2016
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AFeb 14, 2018
- 15-12BMar 9, 2017
- 4PRIMARY DOCUMENTMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONMar 1, 2017
- 4FORM 4 SUBMISSIONFeb 28, 2017
- 4FORM 4 SUBMISSIONFeb 28, 2017
- 4FORM 4 SUBMISSIONFeb 28, 2017
- 4FORM 4 SUBMISSIONFeb 28, 2017
- 4FORM 4 SUBMISSIONFeb 28, 2017
Corporate family
Spun off from Duke Energy CorporationDUK · Dec 6, 2006
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.