Spectra Energy Partners, LP Company Profile (NYSE:SEP)

About Spectra Energy Partners, LP

Spectra Energy Partners, LP logoSpectra Energy Partners, L.P., through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids (NGLs). The Company's segments include U.S. Transmission, Liquids and Other. The U.S. Transmission business primarily provides transmission, storage, and gathering of natural gas for customers in various regions of the northeastern and southeastern United States. The U.S. Transmission segment also processes natural gas on its Texas Eastern system. The Liquids business provides transportation and storage of crude oil for customers in central United States and Canada. The Company has over 15,000 miles of transmission and transportation pipelines, and the storage of natural gas in underground facilities with aggregate working gas storage capacity of approximately 170 billion cubic feet (Bcf) in the United States and Canada.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SEP
  • CUSIP:
Key Metrics:
  • Previous Close: $45.86
  • 50 Day Moving Average: $47.32
  • 200 Day Moving Average: $47.02
  • Trailing P/E Ratio: 14.48
  • Foreward P/E Ratio: 12.53
  • P/E Growth: 2.71
  • Market Cap: $13.92B
  • Outstanding Shares: 302,578,000
  • Beta: 0.66
Additional Links:
Companies Related to Spectra Energy Partners, LP:

Analyst Ratings

Consensus Ratings for Spectra Energy Partners, LP (NYSE:SEP) (?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $54.50 (18.48% upside)

Analysts' Ratings History for Spectra Energy Partners, LP (NYSE:SEP)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Stifel NicolausBoost Price TargetBuy$50.00 -> $55.00View Rating Details
8/1/2016Piper Jaffray Cos.Initiated CoverageOverweightView Rating Details
8/1/2016SimmonsInitiated CoverageOverweight$60.00View Rating Details
7/25/2016Jefferies GroupBoost Price TargetBuy$53.00 -> $54.00View Rating Details
7/21/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$55.00View Rating Details
7/7/2016BMO Capital MarketsReiterated RatingBuy$53.00View Rating Details
5/29/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
5/11/2016Sanford C. BernsteinInitiated CoverageMarket Perform$48.00View Rating Details
4/13/2016Barclays PLCInitiated CoverageOverweight$54.00View Rating Details
3/17/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$56.00 -> $54.00View Rating Details
2/8/2016Deutsche Bank AGInitiated CoverageBuy$54.00View Rating Details
1/20/2016Morgan StanleyUpgradeUnderweight -> Equal Weight$45.00 -> $51.00View Rating Details
1/15/2016Wells Fargo & Co.UpgradeMarket Perform -> OutperformView Rating Details
1/15/2016Royal Bank Of CanadaUpgradeSector Perform -> Outperform$58.00View Rating Details
7/23/2015DA DavidsonInitiated CoverageBuy$57.00View Rating Details
5/14/2015Janney Montgomery ScottInitiated CoverageBuy$60.00View Rating Details
11/7/2014Bank of America Corp.Reiterated RatingUnderperform$48.00 -> $50.00View Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Spectra Energy Partners, LP (NYSE:SEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
8/3/2016Q2$0.81$0.71$645.60 million$618.00 millionViewN/AView Earnings Details
5/4/2016Q115$0.87$1.05$664.18 millionViewListenView Earnings Details
11/4/2015Q3$0.74$0.85ViewN/AView Earnings Details
8/5/2015Q2$0.68$1.04ViewN/AView Earnings Details
5/6/2015$0.79$1.02ViewListenView Earnings Details
2/4/2015Q414$0.66$0.47$608.72 million$599.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.59$0.75$554.12 million$558.00 millionViewN/AView Earnings Details
8/6/2014Q114$0.61$0.59$560.12 million$531.00 millionViewListenView Earnings Details
5/7/2014Q1$0.67$0.55$594.18 million$581.00 millionViewN/AView Earnings Details
2/4/2014Q413$0.49$0.40$470.74 million$520.00 millionViewN/AView Earnings Details
11/4/2013Q313$0.38$0.42$63.51 million$133.10 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.37$0.36$58.35 million$56.90 millionViewN/AView Earnings Details
5/3/2013Q1 2013$0.42$0.48$60.33 million$72.90 millionViewListenView Earnings Details
2/5/2013Q4 2012$0.37$0.40$60.62 million$59.00 millionViewListenView Earnings Details
11/1/2012$0.40$0.49ViewN/AView Earnings Details
8/2/2012$0.39$0.42ViewN/AView Earnings Details
5/4/2012$0.46$0.48ViewN/AView Earnings Details
2/3/2012$0.39$0.38ViewN/AView Earnings Details
11/4/2011$0.40$0.47ViewN/AView Earnings Details
8/4/2011$0.39$0.36ViewN/AView Earnings Details
5/4/2011$0.46$0.50ViewN/AView Earnings Details
2/4/2011$0.41$0.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Spectra Energy Partners, LP (NYSE:SEP)
Current Year EPS Consensus Estimate: $3.23 EPS
Next Year EPS Consensus Estimate: $3.67 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.83$0.97$0.92
Q2 20163$0.73$0.83$0.79
Q3 20163$0.77$0.83$0.80
Q4 20163$0.77$0.97$0.87
Q1 20172$0.88$1.07$0.98
Q2 20172$0.79$0.86$0.83
Q3 20172$0.81$0.87$0.84
Q4 20172$0.84$0.98$0.91
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Spectra Energy Partners, LP (NYSE:SEP)
Annual Dividend:$2.66
Dividend Yield:5.78%
Payout Ratio:82.35% (Based on Current Year Consensus EPS Estimate)
72.48% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:8.00% (3 Year Average)

Dividend History for Spectra Energy Partners, LP (NYSE:SEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2016quarterly$0.665.43%8/11/20168/15/20168/26/2016
5/4/2016quarterly$0.655/12/20165/16/20165/27/2016
2/3/2016quarterly$0.645.68%2/10/20162/15/20162/26/2016
10/19/2015quarterly$0.635.58%10/27/201510/29/201511/25/2015
8/5/2015quarterly$0.618/12/20158/14/20158/28/2015
5/6/2015quarterly$0.604.51%5/13/20155/15/20155/29/2015
2/4/2015quarterly$0.594.3%2/11/20152/13/20152/27/2015
11/5/2014quarterly$0.584.04%11/13/201411/17/201411/26/2014
8/6/2014quarterly$0.574.31%8/14/20148/18/20148/29/2014
5/7/2014quarterly$0.564.15%5/15/20145/19/20145/30/2014
2/4/2014quarterly$0.555.06%2/12/20142/14/20142/28/2014
10/17/2013quarterly$0.524.56%10/29/201310/31/201311/14/2013
7/24/2013quarterly$0.514.49%8/1/20138/5/20138/14/2013
4/29/2013quarterly$0.505.28%5/7/20135/9/20135/15/2013
1/28/2013quarterly$0.505.75%2/5/20132/7/20132/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Spectra Energy Partners, LP (NYSE:SEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/4/2015J D WoodwardDirectorBuy1,500$39.30$58,950.00View SEC Filing  
12/2/2015J D WoodwardDirectorBuy1,500$40.77$61,155.00View SEC Filing  
3/7/2013Theopolis HolemanDirectorBuy1,000$38.42$38,420.00View SEC Filing  
8/31/2012Nora Mead BrownellDirectorBuy1,093$32.04$35,019.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Spectra Energy Partners, LP (NYSE:SEP)
DateHeadline
News IconSpectra Energy Partners, LP (NYSE:SEP) To Report September 2016 Results - The Voice Registrar (NYSE:SEP)
voiceregistrar.com - August 27 at 6:31 PM
News IconStock Valuation Recap for Spectra Energy Partners, LP (NYSE:SEP) - Post News (NYSE:SEP)
www.kentuckypostnews.com - August 27 at 11:27 AM
marketrealist.com logoSpectra Energy Zaps 70% of Its Earnings from Partners Group (NYSE:SEP)
marketrealist.com - August 26 at 7:00 PM
nasdaq.com logoSpectra Energy Partners Breaks Below 200-Day Moving Average - Notable for SEP - Nasdaq (NYSE:SEP)
www.nasdaq.com - August 25 at 7:35 PM
nasdaq.com logoSpectra Energy Partners Breaks Below 200-Day Moving Average - Notable for SEP (NYSE:SEP)
www.nasdaq.com - August 25 at 12:27 PM
News IconSpectra Energy Partners, LP (NYSE:SEP) from Oil & Gas Pipelines – Todays Top Gains (NYSE:SEP)
twincountynews.com - August 24 at 7:03 PM
publicnow.com logoNo change statement and notice of annual general meeting (NYSE:SEP)
www.publicnow.com - August 24 at 10:26 AM
News IconCrowd & Street Monitoring Spectra Energy Partners, LP (NYSE:SEP) - Post News (NYSE:SEP)
www.kentuckypostnews.com - August 21 at 6:29 PM
News IconOil & Gas Pipelines: Spectra Energy Partners, LP (NYSE:SEP) Position of the day (NYSE:SEP)
twincountynews.com - August 19 at 7:12 PM
publicnow.com logoCorrection – Proposed changes to the board of directors (NYSE:SEP)
www.publicnow.com - August 19 at 10:16 AM
publicnow.com logoProposed changes to the board of directors (NYSE:SEP)
www.publicnow.com - August 18 at 10:22 AM
News IconStock Review: Spectra Energy Partners, LP (NYSE:SEP) Price Targets in Focus - Post News (NYSE:SEP)
www.kentuckypostnews.com - August 17 at 7:41 PM
News IconTop Gainers of the Day: Spectra Energy Partners, LP (NYSE:SEP) from Oil & Gas Pipelines (NYSE:SEP)
twincountynews.com - August 17 at 10:19 AM
seekingalpha.com logoSpectra Energy: Will It Maintain Consistent Payout? (NYSE:SEP)
seekingalpha.com - August 15 at 7:43 PM
capitalcube.com logoETF’s with exposure to Spectra Energy Partners LP : August 15, 2016 (NYSE:SEP)
www.capitalcube.com - August 15 at 7:43 PM
capitalcube.com logoSpectra Energy Partners LP breached its 50 day moving average in a Bearish Manner : SEP-US : August 12, 2016 (NYSE:SEP)
www.capitalcube.com - August 12 at 10:34 AM
News IconA look at a High Market Cap Stock: Spectra Energy Partners, LP, SEP - The Daily Leicester (NYSE:SEP)
thedailyleicester.com - August 10 at 7:51 PM
News IconIs Spectra Energy Partners, LP (NYSE:SEP), a large market cap stock a smart buy? (NYSE:SEP)
twincountynews.com - August 9 at 10:36 AM
nasdaq.com logoEx-Dividend Reminder: Buckeye Partners, Viper Energy Partners and Spectra Energy Partners (NYSE:SEP)
www.nasdaq.com - August 9 at 10:36 AM
News IconIs this Large Market Cap Stock target price reasonable for Spectra Energy Partners, LP (NYSE:SEP)? - The Daily Leicester (NYSE:SEP)
thedailyleicester.com - August 8 at 7:36 PM
capitalcube.com logoSpectra Energy Partners LP :SEP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:SEP)
www.capitalcube.com - August 8 at 12:08 PM
News IconToday's Top Gainers in the Market Spectra Energy Partners, LP (NYSE:SEP) from Basic Materials - The Daily Leicester (NYSE:SEP)
thedailyleicester.com - August 6 at 7:21 PM
News IconLeading stocks in today’s market: Spectra Energy Partners, LP (NYSE:SEP) (NYSE:SEP)
twincountynews.com - August 6 at 10:01 AM
finance.yahoo.com logoSpectra Energy Partners Announces 35th Consecutive Quarterly Cash Distribution Increase - Yahoo Finance (NYSE:SEP)
finance.yahoo.com - August 5 at 7:34 PM
News IconUpdate on Spectra Energy Partners, LP (NYSE:SEP) for the day (NYSE:SEP)
twincountynews.com - August 5 at 10:22 AM
News IconSpectra Energy Partners, LP (NYSE:SEP) – Top Stock from Basic ... - The Daily Leicester (NYSE:SEP)
thedailyleicester.com - August 4 at 7:49 PM
News IconLeading stocks in today's market: Spectra Energy Partners, LP ... - Twin County News (NYSE:SEP)
twincountynews.com - August 4 at 7:49 PM
bidnessetc.com logoSpectra Energy Corp, Spectra Energy Partners Miss Q2 Expectations - Bidness ETC (NYSE:SEP)
www.bidnessetc.com - August 3 at 7:44 PM
biz.yahoo.com logoSPECTRA ENERGY PARTNERS, LP Files SEC form 10-Q, Quarterly Report (NYSE:SEP)
biz.yahoo.com - August 3 at 7:44 PM
biz.yahoo.com logoSPECTRA ENERGY PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a (NYSE:SEP)
biz.yahoo.com - August 3 at 7:44 PM
bizjournals.com logoPipeline owners report $16M in costs related to blast (NYSE:SEP)
www.bizjournals.com - August 3 at 10:40 AM
nasdaq.com logoSpectra Energy Revenue Unexpectedly Declines (NYSE:SEP)
www.nasdaq.com - August 3 at 10:40 AM
finance.yahoo.com logoSpectra Energy Partners Announces 35th Consecutive Quarterly Cash Distribution Increase (NYSE:SEP)
finance.yahoo.com - August 3 at 10:40 AM
breakingfinancenews.com logoSpectra Energy Partners LP (NYSE:SEP) price target increased to $60 as recorded today by Simmons (NYSE:SEP)
breakingfinancenews.com - August 2 at 7:43 PM
smarteranalyst.com logoSimmons Analyst Initiates Coverage On Spectra Energy Partners, LP (SEP) - Smarter Analyst - Smarter Analyst (NYSE:SEP)
www.smarteranalyst.com - August 2 at 12:19 PM
tradecalls.org logoGreen Square Capital Lowers stake in Spectra Energy Partners LP (SEP) - Trade Calls (NYSE:SEP)
www.tradecalls.org - August 2 at 12:19 PM
tradecalls.org logoJefferies Maintains Spectra Energy Partners LP to Buy with Price Target $54.00 - Trade Calls (NYSE:SEP)
www.tradecalls.org - August 1 at 7:06 PM
finance.yahoo.com logoSpectra Energy (SE) Q2 Earnings May Beat: Stock to Gain? (NYSE:SEP)
finance.yahoo.com - August 1 at 11:25 AM
fool.com logo2 Things to Watch When Spectra Energy Reports Earnings (NYSE:SEP)
www.fool.com - July 29 at 7:31 PM
marketrealist.com logoWhich Segment Will Drive Spectra Energy’s 2Q16 Results? (NYSE:SEP)
marketrealist.com - July 27 at 3:50 PM
marketrealist.com logoSpectra Energy Is Expected to Report Higher EPS for 2Q16 (NYSE:SEP)
marketrealist.com - July 27 at 3:50 PM
News IconLeading stocks in today's market: Spectra Energy Partners, LP (NYSE:SEP) - Twin County News (NYSE:SEP)
twincountynews.com - July 27 at 10:26 AM
fidaily.com logoMitsubishi UFJ Begins Coverage on Spectra Energy Partners, LP ... - Finance Daily (NYSE:SEP)
www.fidaily.com - July 26 at 7:45 PM
News IconSpectra Energy Partners, LP (NYSE:SEP): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:SEP)
www.engelwooddaily.com - July 22 at 7:08 PM
News IconFriday Session Wrap-up for Spectra Energy Partners, LP (NYSE:SEP) - Engelwood Daily (NYSE:SEP)
www.engelwooddaily.com - July 22 at 7:08 PM
publicnow.com logoNotification of interest by Peregrine Equities (NYSE:SEP)
www.publicnow.com - July 22 at 10:48 AM
fidaily.com logoMitsubishi UFJ Initiates Coverage on Spectra Energy Partners, LP Com (SEP) By Announcing An Initial Rating Of ... - Finance Daily (NYSE:SEP)
www.fidaily.com - July 22 at 10:15 AM
News IconStock Catching Eyes of Investors: Spectra Energy Partners, LP (NYSE:SEP) - TGP (NYSE:SEP)
telanaganapress.com - July 22 at 10:15 AM
News IconEquity Roundup: Stock Performance Focus on Spectra Energy Partners, LP (NYSE:SEP) - Press Telegraph (NYSE:SEP)
presstelegraph.com - July 21 at 10:11 AM
tradecalls.org logoFox Run Management L.l.c. adds Spectra Energy Partners LP (SEP) to its portfolio - Trade Calls (NYSE:SEP)
www.tradecalls.org - July 21 at 10:11 AM

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Spectra Energy Partners, LP (NYSE:SEP) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff