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: $45.53
  • 50 Day Moving Average: $45.79
  • 200 Day Moving Average: $44.55
  • 52-Week Range: $40.19 - $50.48
  • Trailing P/E Ratio: 11.89
  • Foreward P/E Ratio: 13.27
  • P/E Growth: 1.95
  • Market Cap: $13.81B
  • Outstanding Shares: 305,959,000
  • Beta: 0.66
Profitability:
  • Net Margins: 46.49%
  • Return on Equity: 10.00%
  • Return on Assets: 6.12%
Debt:
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 0.34%
  • Quick Ratio: 0.32%
Additional Links:
Companies Related to Spectra Energy Partners, LP:

Analyst Ratings

Consensus Ratings for Spectra Energy Partners, LP (NYSE:SEP) (?)
Ratings Breakdown: 7 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.59)
Consensus Price Target: $53.17 (17.81% upside)

Analysts' Ratings History for Spectra Energy Partners, LP (NYSE:SEP)
Show:
DateFirmActionRatingPrice TargetDetails
1/23/2017Royal Bank Of CanadaLower Price TargetOutperform$58.00 -> $56.00View Rating Details
1/20/2017RBC Capital MarketsReiterated RatingOutperform$58.00 -> $56.00View Rating Details
1/18/2017Citigroup Inc.Reiterated RatingNeutralView Rating Details
11/18/2016US Capital AdvisorsUpgradeHold -> BuyView Rating Details
10/7/2016Wolfe ResearchInitiated CoverageHold$44.00View Rating Details
9/9/2016DA DavidsonReiterated RatingBuyView Rating Details
9/8/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
9/7/2016Tudor PickeringUpgradeHold -> BuyView Rating Details
9/7/2016SimmonsDowngradeOverweight -> Neutral$60.00 -> $51.00View Rating Details
9/7/2016Piper Jaffray CompaniesDowngradeOverweight -> NeutralView Rating Details
8/4/2016Stifel NicolausBoost Price TargetBuy$50.00 -> $55.00View Rating Details
7/21/2016Mitsubishi UFJ Financial GroupInitiated CoverageNeutral$55.00View Rating Details
7/7/2016BMO Capital MarketsReiterated RatingBuy$53.00View Rating Details
5/29/2016J P Morgan Chase & CoReiterated 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 GroupDowngradeOutperform -> 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 & CompanyUpgradeMarket Perform -> OutperformView Rating Details
5/14/2015Janney Montgomery ScottInitiated CoverageBuy$60.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Spectra Energy Partners, LP (NYSE:SEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/17/2017Q4 2016$0.82$0.81$692.08 million$663.00 millionViewN/AView Earnings Details
11/2/2016Q315$0.80$0.76$665.42 million$628.00 millionViewListenView 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: $3.39 EPS
Next Year EPS Consensus Estimate: $3.40 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$0.76$0.85$0.80
Q1 20172$0.83$0.93$0.88
Q2 20172$0.74$0.84$0.79
Q3 20172$0.74$0.88$0.81
Q4 20172$0.83$0.88$0.86
Q1 20182$0.94$0.99$0.97
Q2 20182$0.75$0.90$0.83
Q3 20181$0.93$0.93$0.93
Q4 20181$0.93$0.93$0.93
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Spectra Energy Partners, LP (NYSE:SEP)
Annual Dividend:$2.70
Dividend Yield:5.98%
Dividend Growth:9.20% (3 Year Average)
Payout Ratio:78.26% (Based on Trailing 12 Months of Earnings)
79.65% (Based on Current Year Consensus EPS Estimate)
79.41% (Based on Next Year Consensus EPS Estimate)
Track Record:10 Years of Consecutive Dividend Growth

Dividend History for Spectra Energy Partners, LP (NYSE:SEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/7/2017quarterly$0.696.08%2/15/20172/17/20172/28/2017
11/2/2016quarterly$0.686.45%11/9/201611/14/201611/29/2016
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)
Institutional Ownership Percentage: 19.38%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/17/2016Gregory L EbelCEOBuy8,000$41.58$332,640.00View SEC Filing  
11/15/2016J D WoodwardDirectorBuy2,500$42.27$105,675.00View SEC Filing  
11/7/2016Gregory L EbelCEOBuy8,529$41.67$355,403.43View SEC Filing  
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
capitalcube.com logoSpectra Energy Partners LP :SEP-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:SEP)
www.capitalcube.com - February 22 at 7:57 PM
capitalcube.com logoSpectra Energy Partners LP :SEP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:SEP)
www.capitalcube.com - February 21 at 5:09 PM
4-traders.com logoSPECTRA ENERGY PARTNERS, LP (NYSE:SEP) Files An 8-K Results of Operations and Financial Condition (NYSE:SEP)
www.4-traders.com - February 20 at 8:57 AM
News IconSpectra: New England States Will Align For Access Northeast (NYSE:SEP)
www.naturalgasintel.com - February 17 at 7:40 PM
News IconUSA regulators approve Enbridge's $37-billion Spectra Energy takeover (NYSE:SEP)
upbeacon.net - February 17 at 7:40 PM
4-traders.com logoSPECTRA ENERGY PARTNERS, LP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:SEP)
www.4-traders.com - February 17 at 7:40 PM
us.rd.yahoo.com logoSpectra Energy Partners Reports Fourth Quarter and Year-End 2016 Results (NYSE:SEP)
us.rd.yahoo.com - February 17 at 7:40 PM
sg.finance.yahoo.com logoSpectra Energy misses 4Q profit forecasts (NYSE:SEP)
us.rd.yahoo.com - February 17 at 7:40 PM
biz.yahoo.com logoQ4 2016 Spectra Energy Partners LP Earnings Release - Before Market Open (NYSE:SEP)
us.rd.yahoo.com - February 17 at 7:40 PM
us.rd.yahoo.com logoSpectra Energy (SE) Q4 Earnings, Revenues Lag (NYSE:SEP)
us.rd.yahoo.com - February 17 at 7:40 PM
us.rd.yahoo.com logoUPDATE 1-Canada's Enbridge misses profit estimate as expenses rise (NYSE:SEP)
us.rd.yahoo.com - February 17 at 7:40 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 - February 17 at 7:40 PM
nasdaq.com logoSpectra Energy Partners Named Top Dividend Stock With Insider Buying and 6.09% Yield (SEP) (NYSE:SEP)
www.nasdaq.com - February 16 at 7:28 PM
News IconWatching the Numbers for Spectra Energy Partners LP (SEP) - Benton Bulletin (NYSE:SEP)
bentonbulletin.com - February 14 at 6:16 AM
nasdaq.com logoCash Dividend On The Way From Spectra Energy Partners (SEP) - Nasdaq (NYSE:SEP)
www.nasdaq.com - February 14 at 6:16 AM
biz.yahoo.com logoSPECTRA ENERGY PARTNERS, LP Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financia (NYSE:SEP)
us.rd.yahoo.com - February 9 at 3:14 AM
reuters.com logoBRIEF-Spectra Energy declares qtrly cash distribution hike (NYSE:SEP)
www.reuters.com - February 8 at 5:40 AM
us.rd.yahoo.com logo8:33 am Spectra Energy LP increases quarterly distribution to $0.68875/unit from $0.67625/unit (NYSE:SEP)
us.rd.yahoo.com - February 8 at 5:40 AM
News IconBest stocks of the day: Spectra Energy Partners, LP (NYSE:SEP) (NYSE:SEP)
mundoaguaysaneamiento.net - February 7 at 8:05 AM
News IconStock With Upside & Dividend Yield: Spectra Energy Partners, LP ... - Aiken Advocate (NYSE:SEP)
aikenadvocate.com - February 6 at 7:53 PM
News IconInvestor Notebook: Focusing in on Shares of Spectra Energy Partners LP (SEP) - Springdale Times (NYSE:SEP)
springdaletimes.com - January 31 at 10:58 PM
seekingalpha.com logoSpectra Energy Partners: See, I Told You So (NYSE:SEP)
seekingalpha.com - January 30 at 1:12 AM
News IconInvestor Focus: Watching Shares of Spectra Energy Partners, LP (NYSE:SEP) - Gilbert Daily (NYSE:SEP)
gilbertdaily.com - January 29 at 8:08 AM
realistinvestor.com logoMean Rating Of Spectra Energy Partners, LP (NYSE:SEP) At $1.64 (NYSE:SEP)
www.realistinvestor.com - January 28 at 7:54 PM
finance.yahoo.com logoPost Earnings Coverage as Kinder Morgan Turns Green (NYSE:SEP)
finance.yahoo.com - January 23 at 8:43 AM
News IconLooking Ahead for Spectra Energy Partners, LP (NYSE:SEP); Are These Shares Ready to Go Higher? - Aiken Advocate (NYSE:SEP)
aikenadvocate.com - January 16 at 1:28 PM
News IconWill The Needle Move For Spectra Energy Partners, LP (NYSE:SEP) Shares This Earnings Season? - Wall Street Beacon (NYSE:SEP)
wsbeacon.com - January 15 at 12:49 AM
realistinvestor.com logoSpectra Energy Partners, LP (NYSE:SEP) Mean Rating At $1.64 - RealistInvestor.com (NYSE:SEP)
www.realistinvestor.com - January 15 at 12:49 AM
capitalcube.com logoSpectra Energy Partners LP : SEP-US: Dividend Analysis : November 14th, 2016 (record date) : By the numbers : January 10, 2017 (NYSE:SEP)
us.rd.yahoo.com - January 10 at 10:29 PM
biz.yahoo.com logoSPECTRA ENERGY PARTNERS, LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fina (NYSE:SEP)
biz.yahoo.com - January 9 at 10:14 PM
realistinvestor.com logoResearch Analysts Set Spectra Energy Partners, LP (NYSE:SEP) Price Target at $52 (NYSE:SEP)
www.realistinvestor.com - January 8 at 12:52 AM
seekingalpha.com logoSpectra Energy Partners, Enbridge: The Northeast Energy Giant - Seeking Alpha (NYSE:SEP)
seekingalpha.com - December 29 at 12:37 AM
seekingalpha.com logoSpectra Energy Partners, Enbridge: The Northeast Energy Giant (NYSE:SEP)
seekingalpha.com - December 28 at 7:37 PM
News IconSpectra Energy Partners, LP (NYSE:SEP) Reviewed By Analysts (NYSE:SEP)
vouxmagazine.com - December 27 at 9:13 AM
News IconWould You Buy ENERGY TRANSFER PARTNERS (NYSE:ETP) On These Analyst Ratings? (NYSE:SEP)
larampadinapoli.com - December 26 at 9:10 AM
realistinvestor.com logoSpectra Energy Partners, LP (NYSE:SEP) Mean Rating At $1.64 (NYSE:SEP)
www.realistinvestor.com - December 24 at 7:11 PM
News IconTrading Scope: Checking on Shares of Spectra Energy Partners, LP (NYSE:SEP) - Marion Business Daily (NYSE:SEP)
marionbusinessdaily.com - December 20 at 2:36 PM
News IconLeading stocks in today’s market: Spectra Energy Partners, LP (NYSE:SEP) (NYSE:SEP)
twincountynews.com - December 18 at 8:08 PM
bizjournals.com logoShareholders approve Enbridge's $28B acquisition of Spectra - Houston Business Journal (NYSE:SEP)
www.bizjournals.com - December 18 at 1:34 AM
News IconF-Score in Focus for Spectra Energy Partners, LP (NYSE:SEP) - Marion Business Daily (NYSE:SEP)
marionbusinessdaily.com - December 18 at 1:34 AM
News IconFCF Score Check on Shares of Spectra Energy Partners, LP (NYSE:SEP) - The Business Journal (NYSE:SEP)
belmontbusinessjournal.com - December 16 at 11:39 PM
News IconPurchases 527744 Shares of Spectra Energy Partners, LP (SEP) (NYSE:SEP)
rawgistafrica.com - December 14 at 10:20 PM
realistinvestor.com logoResearch Analysts Set Spectra Energy Partners, LP (NYSE:SEP) Price Target at $51.166 - RealistInvestor.com (NYSE:SEP)
www.realistinvestor.com - December 11 at 9:01 AM
News IconOil & Gas Pipelines: Spectra Energy Partners, LP (NYSE:SEP) Position of the day - Twin County News (NYSE:SEP)
twincountynews.com - December 10 at 6:56 PM
News IconInvestor Notebook: Taking a Look at Shares of Spectra Energy Partners, LP (NYSE:SEP) - The Business Journal (NYSE:SEP)
belmontbusinessjournal.com - December 9 at 7:40 PM
nasdaq.com logoSpectra Energy Partners (SEP) Shares Cross Above 200 DMA - Nasdaq (NYSE:SEP)
www.nasdaq.com - December 9 at 7:40 PM
News IconSpectra Energy Partners LP (SEP) Delivered A Better ROE Than The Industry, Here's Why - Simply Wall St (NYSE:SEP)
simplywall.st - December 8 at 8:32 AM
capitalcube.com logoSpectra Energy Partners LP – Value Analysis (NYSE:SEP) : December 7, 2016 (NYSE:SEP)
www.capitalcube.com - December 7 at 7:38 PM
capitalcube.com logoSpectra Energy Partners LP breached its 50 day moving average in a Bullish Manner : SEP-US : December 6, 2016 (NYSE:SEP)
www.capitalcube.com - December 6 at 8:41 AM
News IconUpdate on Spectra Energy Partners, LP (NYSE:SEP) for the day (NYSE:SEP)
twincountynews.com - December 4 at 6:41 PM

Social

What is Spectra Energy Partners, LP's stock symbol?

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

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

Spectra Energy Partners, LP announced a quarterly dividend on Tuesday, February 7th. Investors of record on Friday, February 17th will be given a dividend of $0.6888 per share on Tuesday, February 28th. This represents a $2.76 annualized dividend and a dividend yield of 6.10%. The ex-dividend date is Wednesday, February 15th. This is a positive change from Spectra Energy Partners, LP's previous quarterly dividend of $0.68.

Where is Spectra Energy Partners, LP's stock going? Where will Spectra Energy Partners, LP's stock price be in 2017?

17 brokers have issued 1-year target prices for Spectra Energy Partners, LP's stock. Their forecasts range from $44.00 to $58.00. On average, they anticipate Spectra Energy Partners, LP's share price to reach $53.17 in the next year.

When will Spectra Energy Partners, LP announce their earnings?

Spectra Energy Partners, LP is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns Spectra Energy Partners, LP stock?

Spectra Energy Partners, LP's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Energy Income Partners LLC (2.06%), Bessemer Group Inc. (0.18%), Texas Yale Capital Corp. (0.13%), Wexford Capital LP (0.12%), Silvercrest Asset Management Group LLC (0.06%) and Samson Capital Management LLC (0.06%). Company insiders that own Spectra Energy Partners, LP stock include Gregory L Ebel and J D Woodward.

Who sold Spectra Energy Partners, LP stock? Who is selling Spectra Energy Partners, LP stock?

Spectra Energy Partners, LP's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Allianz Asset Management AG, GSA Capital Partners LLP, Cantab Capital Partners LLP, First Republic Investment Management Inc., Van ECK Associates Corp, Texas Yale Capital Corp. and Raymond James Financial Services Advisors Inc..

Who bought Spectra Energy Partners, LP stock? Who is buying Spectra Energy Partners, LP stock?

Spectra Energy Partners, LP's stock was purchased by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Wexford Capital LP, Thompson Siegel & Walmsley LLC, Samson Capital Management LLC, Guggenheim Capital LLC, AMG Funds LLC, United Capital Financial Advisers LLC and Private Advisor Group LLC. Company insiders that have bought Spectra Energy Partners, LP stock in the last two years include Gregory L Ebel and J D Woodward.

How do I buy Spectra Energy Partners, LP stock?

Shares of Spectra Energy Partners, LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Spectra Energy Partners, LP stock cost?

One share of Spectra Energy Partners, LP stock can currently be purchased for approximately $45.13.

Spectra Energy Partners, LP (NYSE:SEP) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Spectra Energy Partners, LP (NYSE:SEP)

Earnings History Chart

Earnings by Quarter for Spectra Energy Partners, LP (NYSE:SEP)

Dividend History Chart

Dividend Payments by Quarter for Spectra Energy Partners, LP (NYSE:SEP)

Last Updated on 2/23/2017 by MarketBeat.com Staff