spectra energy q305

Texas Eastern Transmission reported financial results for the third quarter and first nine months of 2005. Revenues for the quarter were $230 million compared to $205 million for the same period in 2004. Net income for the quarter was $72 million compared to $58 million in 2004. For the first nine months of the year, revenues were $664 million and net income was $201 million, increases from the prior year. The company continues to transport and store natural gas through its pipeline systems while managing costs and obligations related to environmental remediation and ongoing legal matters.