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Spectra Energy CEO on Nat Gas Industry

CNBC.com
Thursday, 14 Jun 2012 | 7:12 PM ET
Spectra Energy CEO Explains Expansion
Spectra Energy received federal energy regulatory commission approval for its New Jersey-New York expansion. Greg Ebel, Spectra Energy president & CEO, offers insight.

Although stocks managed to rally Thursday, “Mad Money” host Jim Cramer recommends investors remain defensive and invest in dividend-paying stocks with “domestic security,” meaning the underlying company does little business outside North America.

Take Spectra Energy, for example. This natural gas pipeline company pays a 4 percent dividend yield. It also benefits from a trend in the utilities industry, where companies are switching from coal to natural gas.

To learn more about the company’s prospects, Cramer welcomed CEO Gregory L. Ebel onto Thursday’s “Mad Money.” Watch the video to see the full interview!


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