Last $51.79 USD
Change Today +1.33 / 2.64%
Volume 107.9K
SEP On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

spectra energy partners lp (SEP) Snapshot

Open
$50.68
Previous Close
$50.46
Day High
$51.94
Day Low
$50.41
52 Week High
04/16/14 - $51.94
52 Week Low
06/4/13 - $34.42
Market Cap
15.0B
Average Volume 10 Days
148.8K
EPS TTM
$3.63
Shares Outstanding
284.2M
EX-Date
02/12/14
P/E TM
14.3x
Dividend
$2.19
Dividend Yield
4.00%
Current Stock Chart for SPECTRA ENERGY PARTNERS LP (SEP)

spectra energy partners lp (SEP) Related Businessweek News

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spectra energy partners lp (SEP) Details

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.

spectra energy partners lp (SEP) Top Compensated Officers

Chairman of the Board of Spectra Energy Partn...
Total Annual Compensation: $1.1M
Chief Financial Officer of Spectra Energy Par...
Total Annual Compensation: $588.8K
Compensation as of Fiscal Year 2013.

spectra energy partners lp (SEP) Key Developments

Spectra Energy Partners, LP - Shareholder/Analyst Call

Annual Shareholder Meeting

Spectra Energy Partners, LP, Annual General Meeting, Apr 15, 2014

Spectra Energy Partners, LP, Annual General Meeting, Apr 15, 2014., at 11:00 US Eastern Standard Time.

Spectra Energy to Expand Pipeline Systems in New England

Spectra Energy and Spectra Energy Partners announced the Atlantic Bridge project, a proposed expansion of its Algonquin Gas Transmission and Maritimes & Northeast Pipeline systems, to connect abundant North American natural gas supplies with markets in the New England states and Maritime provinces. Algonquin and Maritimes & Northeast recently executed an agreement with Unitil Corporation to participate as an anchor shipper in the project. Building on that agreement, announcement coincides with the beginning of an open season to invite other customers to join the Atlantic Bridge project for additional natural gas service by 2017. The expansion will increase pipeline capacity by 100,000 to in excess of 600,000 dekatherms of natural gas per day, depending upon additional market commitments across the region. A majority of the Atlantic Bridge project's construction is expected to occur within existing rights-of-way and at company-owned facilities, thus having minimal effect on landowners, communities and the environment. The Atlantic Bridge project has a target in-service date of November 2017, and has the flexibility to consider further commitments for 2018 depending on shipper requests. With efforts currently underway by the six New England states to bring additional natural gas into the region, Spectra Energy looks forward to developing solutions with those parties for expansions of Algonquin or Maritimes & Northeast systems as part of the Atlantic Bridge project or part of a future expansion. The present open season closes on March 31, 2014.

 

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SEP

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Valuation SEP Industry Range
Price/Earnings 7.1x
Price/Sales 5.8x
Price/Book 1.5x
Price/Cash Flow 11.7x
TEV/Sales 4.2x
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