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SPECTRA ENERGY PARTERS LP (SEP) [hlAlert]

Rating:
Hold SEP

SPECTRA ENERGY PARTERS LP (SEP) rated Hold with price target $40 by Deutsche Bank

Posted on: Monday,  Apr 15, 2013  2:25 PM ET by Deutsche Bank

SPECTRA ENERGY PARTERS LP (NYSE:
SEP) rated Hold with price target $40 by Deutsche Bank.

Spectra Energy Partners, LP (Spectra Energy Partners), together with its subsidiaries, is engaged in the transportation of natural gas through interstate pipeline systems with approximately 2,200 miles of pipelines that serve the southeastern United States, and the storage of natural gas in underground facilities with aggregate working gas storage capacity of approximately 42 billion cubic feet (Bcf) that are located in southeast Texas, south central Louisiana and southwest Virginia. The Company transports and stores natural gas for a mix of customers, including local gas distribution companies (LDCs), municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers and producers. On April 4, 2008, the Company acquired equity interests of Saltville Gas Storage Company L.L.C. (Saltville) and the P-25 pipeline from Spectra Energy Corp.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2013 2:25 PM Hold
None
36.90 40.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2013 1:25 PM Hold
None
32.89 35.00

(*) Stock Price at the time of the recommendation.
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