Duke Energy’s Gas Businesses Now Spectra Energy

On Jan. 2, 2007, Duke Energy’s natural gas businesses became a separate, publicly traded company, Spectra Energy Corp. The new company is traded on the New York Stock Exchange under the symbol “SE.”

The former Duke Energy Gas Transmission business and Duke Energy’s 50-percent ownership interest in Duke Energy Field Services, renamed DCP Midstream, are now part of Spectra Energy. The new company’s operations primarily include natural gas transmission, storage, distribution, gathering and processing.

Duke Energy continues to provide natural gas distribution services to more than 500,000 customers in Ohio and Kentucky.