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Enter Symbol:
Rating: SEP
Overweight $54

SPECTRA ENERGY PARTERS LP (NYSE: SEP) rated to Overweight with price target $54 by Barclays

Monday,  Jan 11, 2016  1:25 PM ET by Kristen Bailey

Barclays rated SPECTRA ENERGY
PARTERS LP (NYSE: SEP) to Overweight with price target $54.

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.


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