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up 22.31 %

SPECTRA ENERGY PARTERS LP (SEP) rated Outperform with price target $26 by Oppenheimer

Posted on: Wednesday,  Sep 16, 2009  9:25 AM ET by Oppenheimer

Oppenheimer rated Outperform SPECTRA ENERGY PARTERS LP (NYSE: SEP) on 09/16/2009, when the stock price was $23.75. Since then, SPECTRA ENERGY
PARTERS LP has gained 22.32% of its value until Oppenheimer rated SEP Perform on 12/17/2009, when the price was $29.05.
If you would have followed this Oppenheimer's recommendation on SEP, you would have gained 22.31% of your investment in 92 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/25/2010 8:25 AM None
as of 12/31/2009
1 Week   
1 Month up  4.76 %
3 Months up  19.44 %
1 YTD up  22.31 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2009 8:25 AM None
9/16/2009 9:25 AM Buy
23.75 26.00

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