NYSE:SEP - Spectra Energy Partners Stock Price, News, & Analysis

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Previous Close$35.83
Today's Range$35.40 - $36.01
52-Week Range$29.89 - $44.39
Volume21.57 million shs
Average Volume1.86 million shs
Market Capitalization$17.17 billion
P/E Ratio10.26
Dividend Yield8.77%
Beta0.93
Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet (Bcf) and re-gasification capability of 150 million cubic feet per day. The company also owned a 24.5% interest in the approximate 700-mile Gulfstream interstate natural gas transportation system, which extends from Pascagoula, Mississippi, and Mobile, Alabama across the Gulf of Mexico and into Florida; a 50% interest in Market Hub, which owns and operates 2 salt cavern natural gas storage facilities, the Egan storage facility with gas capacity of approximately 20 Bcf, and the Moss Bluff storage facility with working gas capacity of 15 Bcf. The company transports and stores natural gas for local gas distribution companies, municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers, and producers. Spectra Energy Partners (DE) GP, LP, operates as the general partner to Spectra Energy Partners, LP. The company is based in Houston, Texas.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone713-627-5400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.95 billion
Book Value$37.33 per share

Profitability

Net Income$609 million

Miscellaneous

Employees2,100
Market Cap$17.17 billion
Next Earnings Date2/21/2019 (Estimated)
OptionableOptionable

Spectra Energy Partners (NYSE:SEP) Frequently Asked Questions

What is Spectra Energy Partners' stock symbol?

Spectra Energy Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SEP."

How often does Spectra Energy Partners pay dividends? What is the dividend yield for Spectra Energy Partners?

Spectra Energy Partners announced a quarterly dividend on Thursday, November 1st. Shareholders of record on Wednesday, November 21st will be paid a dividend of $0.776 per share on Thursday, November 29th. This represents a $3.10 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Tuesday, November 20th. This is a boost from Spectra Energy Partners's previous quarterly dividend of $0.76. View Spectra Energy Partners' Dividend History.

How were Spectra Energy Partners' earnings last quarter?

Spectra Energy Partners, LP (NYSE:SEP) posted its quarterly earnings data on Thursday, November, 1st. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by $0.02. The pipeline company had revenue of $737 million for the quarter, compared to the consensus estimate of $725.60 million. The company's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $0.89 earnings per share. View Spectra Energy Partners' Earnings History.

When is Spectra Energy Partners' next earnings date?

Spectra Energy Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Spectra Energy Partners.

What price target have analysts set for SEP?

13 brokers have issued 12 month price targets for Spectra Energy Partners' shares. Their forecasts range from $32.00 to $47.00. On average, they anticipate Spectra Energy Partners' stock price to reach $38.0909 in the next year. View Analyst Price Targets for Spectra Energy Partners.

What is the consensus analysts' recommendation for Spectra Energy Partners?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectra Energy Partners in the last year. There are currently 2 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Spectra Energy Partners.

Has Spectra Energy Partners been receiving favorable news coverage?

News headlines about SEP stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Spectra Energy Partners earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Spectra Energy Partners' key competitors?

What other stocks do shareholders of Spectra Energy Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spectra Energy Partners investors own include AT&T (T), Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), Energy Transfer LP Unit (ET), Verizon Communications (VZ), Johnson & Johnson (JNJ), AmeriGas Partners (APU), Exxon Mobil (XOM), General Electric (GE) and Ventas (VTR).

Who are Spectra Energy Partners' key executives?

Spectra Energy Partners' management team includes the folowing people:
  • Mr. Dai-Chung Yu, Chief Devel. Officer & Director of Spectra Energy Partners GP LLC (Age 51)
  • Mr. William Turner Yardley, Chairman, Pres & CEO of Spectra Energy Partners GP LLC (Age 53)
  • Mr. Stephen J. Neyland, Chief Financial Officer of Spectra Energy Partners GP LLC (Age 50)
  • Ms. Veronica Cappadonna, Gen. Mang. of Investor Relations
  • Mr. Patrick J. Hester, VP of Law - Spectra Energy Partners GP LLC (Age 67)

How do I buy shares of Spectra Energy Partners?

Shares of SEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How big of a company is Spectra Energy Partners?

Spectra Energy Partners has a market capitalization of $0.00 and generates $1.95 billion in revenue each year. The pipeline company earns $609 million in net income (profit) each year or $3.45 on an earnings per share basis. Spectra Energy Partners employs 2,100 workers across the globe.

What is Spectra Energy Partners' official website?

The official website for Spectra Energy Partners is http://www.spectraenergypartners.com.

How can I contact Spectra Energy Partners?

Spectra Energy Partners' mailing address is 5400 WESTHEIMER COURT, HOUSTON TX, 77056. The pipeline company can be reached via phone at 713-627-5400 or via email at [email protected]


MarketBeat Community Rating for Spectra Energy Partners (NYSE SEP)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  765
MarketBeat's community ratings are surveys of what our community members think about Spectra Energy Partners and other stocks. Vote "Outperform" if you believe SEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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