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Enter Symbol:
 
Spectra Energy Corp (SE) [hlAlert]

Rating:
Outperform
SE
up 29.49 %

Spectra Energy Corp (SE) rated Outperform by Wells Fargo

Posted on: Wednesday,  Jan 13, 2010  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Spectra Energy Corp (NYSE: SE) on 01/13/2010, when the stock price was $21.73. Since
then, Spectra Energy Corp has gained 29.50% as of 11/24/2015's recent price of $28.14.
If you would have followed this Wells Fargo's recommendation on SE, you would have gained 29.49% of your investment in 2141 days.

Spectra Energy Corp (Spectra Energy), through its subsidiaries and equity affiliates, owns and operates a large and diversified portfolio of complementary natural gas-related energy assets. The Company operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. Based in Houston, Texas, it provides transportation and storage of natural gas to customers in various regions of the northeastern and southeastern United States, the Maritime Provinces in Canada and the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. The Company also have a 50% ownership in DCP Midstream, LLC (DCP Midstream), a natural gas gatherer and processor in the United States, based in Denver, Colorado. On April 4, 2008, Spectra Energy Partners, LP completed the acquisition of the equity interests of Saltville Gas Storage Company L.L.C. and the P-25 pipeline from Spectra Energy.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2010 8:25 AM Buy
None
21.73
as of 12/31/2010
1 Week up  1.63 %
1 Month up  7.19 %
3 Months up  12.99 %
1 YTD up  17.25 %

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