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Enter Symbol:
 
SPECTRA ENERGY PARTERS LP (SEP) [hlAlert]

Rating:
Hold SEP

SPECTRA ENERGY PARTERS LP (SEP) rated Hold by Jefferies

Posted on: Wednesday,  Sep 4, 2013  8:25 AM ET by Jefferies

SPECTRA ENERGY PARTERS
LP (NYSE: SEP) rated Hold by Jefferies.

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.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2013 8:25 AM Hold
None
41.44
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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