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

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$35.83 +0.60 (+1.70 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$35.23
Today's Range$35.27 - $36.19
52-Week Range$29.89 - $44.39
Volume4.27 million shs
Average Volume840,430 shs
Market Capitalization$16.93 billion
P/E Ratio10.39
Dividend Yield8.89%
Beta0.94
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

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:SEP
Previous Symbol
CUSIPN/A
Phone713-627-5400

Debt

Debt-to-Equity Ratio0.73
Current Ratio1.25
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio10.39
Forward P/E Ratio10.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.95 billion
Price / Sales8.91
Cash Flow$6.0832 per share
Price / Cash Flow5.89
Book Value$37.33 per share
Price / Book0.96

Profitability

EPS (Most Recent Fiscal Year)$3.45
Net Income$609 million
Net MarginsN/A
Return on Equity12.52%
Return on Assets6.77%

Miscellaneous

Employees2,100
Outstanding Shares484,900,000
Market Cap$16.93 billion
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. Investors of record on Wednesday, November 21st will be given a dividend of $0.776 per share on Thursday, November 29th. This represents a $3.10 annualized dividend and a yield of 8.66%. The ex-dividend date of this dividend is Tuesday, November 20th. This is a positive change 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 EPS for the quarter, missing the Zacks' consensus estimate of $0.77 by $0.02. The pipeline company earned $737 million during the quarter, compared to analyst estimates of $725.60 million. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.89 EPS. 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?

15 brokerages have issued 12 month price objectives for Spectra Energy Partners' stock. Their predictions range from $32.00 to $47.00. On average, they expect Spectra Energy Partners' stock price to reach $38.6923 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Spectra Energy Partners.

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectra Energy Partners in the last year. There are currently 3 sell ratings, 11 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 stories about SEP stock have trended somewhat positive on Thursday, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spectra Energy Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Spectra Energy Partners' key competitors?

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)

Who are Spectra Energy Partners' major shareholders?

Spectra Energy Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (1.49%), Brookfield Asset Management Inc. (1.11%), JPMorgan Chase & Co. (0.87%), Tortoise Capital Advisors L.L.C. (0.60%), Kayne Anderson Capital Advisors LP (0.57%) and Morgan Stanley (0.34%). View Institutional Ownership Trends for Spectra Energy Partners.

Which major investors are selling Spectra Energy Partners stock?

SEP stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Deutsche Bank AG, Alliancebernstein L.P., Clearbridge Investments LLC, River Road Asset Management LLC, Calamos Advisors LLC, Heronetta Management L.P. and Opera Trading Capital. View Insider Buying and Selling for Spectra Energy Partners.

Which major investors are buying Spectra Energy Partners stock?

SEP stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., JPMorgan Chase & Co., Morgan Stanley, Water Island Capital LLC, Alps Advisors Inc., Tortoise Capital Advisors L.L.C., Brookfield Asset Management Inc. and Alpine Global Management LLC. View Insider Buying and Selling for Spectra Energy Partners.

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.

What is Spectra Energy Partners' stock price today?

One share of SEP stock can currently be purchased for approximately $35.83.

How big of a company is Spectra Energy Partners?

Spectra Energy Partners has a market capitalization of $16.93 billion 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:  2.1 out of 5 (star star)
Outperform Votes:  308 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  733
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 12/13/2018 by MarketBeat.com Staff

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