Last $53.80 USD
Change Today +1.42 / 2.71%
Volume 90.8K
SEP On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

spectra energy partners lp (SEP) Snapshot

Open
$52.59
Previous Close
$52.38
Day High
$53.80
Day Low
$52.14
52 Week High
05/5/14 - $57.56
52 Week Low
09/3/13 - $40.00
Market Cap
15.6B
Average Volume 10 Days
141.5K
EPS TTM
$3.96
Shares Outstanding
285.2M
EX-Date
05/15/14
P/E TM
13.6x
Dividend
$2.23
Dividend Yield
3.96%
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 and Spectra Energy Partners Announce Plans to Further Expand New England Pipeline Systems

Spectra Energy and Spectra Energy Partners announced plans to expand natural gas pipeline capacity into the New England Market to meet critical demand for reliable electric power generation. These plans for expansion of the Algonquin and Maritimes pipeline systems are in response to the New England governors' recent initiative on new energy infrastructure and in anticipation of a Request for Proposal to be initiated by The New England States Committee on Electricity (NESCOE). The project in-service date is dependent upon the timing of NESCOE's process. Spectra Energy's expansion project will deliver gas directly to these natural gas-fired electric generators on a firm basis, providing increased electric reliability and leading to more competitive energy prices for the region. Specifically, the Spectra Energy solution for New England will: provide guaranteed supplies of natural gas on peak days for strategic power plants, using existing pipeline routes, minimizing effects on communities, landowners, and the environment. Provide new innovative services, including the ability to accommodate the projected need for more gas-fired quick-start power generation units to respond to sudden changes in output from intermittent renewable resources. Be scalable, to ramp up supplies as demand grows. Provide direct access to low-cost natural gas supplies, and cost effective solutions that limit price volatility and generate annual savings to consumers. Spectra Energy's Algonquin Incremental Market expansion project will begin to de-bottleneck the pipeline system by winter of 2016, helping to enhance reliability and soften natural gas prices in New England.

Spectra Energy Partners, LP Presents at Credit Suisse MLP & Energy Logistics Conference, Jun-11-2014 08:30 AM

Spectra Energy Partners, LP Presents at Credit Suisse MLP & Energy Logistics Conference, Jun-11-2014 08:30 AM. Venue: New York, New York, United States. Speakers: Pat Reddy, Chief Financial Officer.

Spectra Energy Partners, LP Presents at Citi Global Energy and Utilities Conference, May-14-2014 01:00 PM

Spectra Energy Partners, LP Presents at Citi Global Energy and Utilities Conference, May-14-2014 01:00 PM. Venue: Hyatt Regency, 1 Ave De Lafayette, Boston, MA 02111, United States.

 

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SEP

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Valuation SEP Industry Range
Price/Earnings 9.7x
Price/Sales 7.3x
Price/Book 1.6x
Price/Cash Flow 12.1x
TEV/Sales 4.4x
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