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

Rating:
Overweight
SEP
up 0.84 %

SPECTRA ENERGY PARTERS LP (SEP) rated Overweight by JP Morgan

Posted on: Thursday,  Aug 13, 2015  10:25 AM ET by JP Morgan

JP Morgan rated Overweight SPECTRA ENERGY PARTERS LP (NYSE: SEP) on 08/13/2015, when the stock price was $50.69.
Since then, SPECTRA ENERGY PARTERS LP has gained 0.85% as of 01/15/2016's recent price of $51.12.
If you would have followed this JP Morgan's recommendation on SEP, you would have gained 0.84% of your investment in 155 days.

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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/13/2015 10:25 AM Buy
None
50.69
as of 8/27/2015
1 Week up  5.31 %
1 Month up  0.84 %
3 Months   
1 YTD up  0.84 %

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