Media stories about Spectra Energy Partners, (NYSE:SEP) have been trending positive recently, according to Alpha One. Alpha One, a subsidiary of Accern, scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Spectra Energy Partners, earned a coverage optimism score of 0.26 on Alpha One’s scale. Alpha One also assigned media coverage about the pipeline company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Alpha One Sentiment Analysis’s scoring:
- Eagle Materials (EXP) Stock Price Declined While Quantum Capital Management Has Cut Its Holding by $1.60 Million … – BZ Weekly (bzweekly.com)
- Wexford Capital LP Upped Its Spectra Energy Partners LP (SEP) Position by $2.03 Million as Market Value Declined … – BZ Weekly (bzweekly.com)
- Spectra Energy Partners (SEP) Shares Enter Oversold Territory (nasdaq.com)
- QI Valuation Update on Spectra Energy Partners, LP (NYSE:SEP) – JCTY News (jctynews.com)
- Amg Funds Upped Spectra Energy Partners LP (SEP) Stake, Fir Tree Has Lifted Its Bonanza Creek Energy (BCEI … – San Times (santimes.com)
SEP has been the topic of several analyst reports. Morgan Stanley initiated coverage on Spectra Energy Partners, in a report on Thursday, March 23rd. They set an “in-line” rating on the stock. They noted that the move was a valuation call. Credit Suisse Group reaffirmed an “outperform” rating and set a $52.00 target price on shares of Spectra Energy Partners, in a report on Friday, April 7th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Spectra Energy Partners, in a report on Thursday, May 11th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $51.00 target price (up from $50.50) on shares of Spectra Energy Partners, in a report on Monday, May 15th. Finally, Sanford C. Bernstein initiated coverage on Spectra Energy Partners, in a report on Tuesday, May 16th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $51.70.
Spectra Energy Partners, (NYSE SEP) traded up 1.24% during trading on Friday, hitting $41.61. The stock had a trading volume of 720,712 shares. Spectra Energy Partners, has a 12-month low of $40.19 and a 12-month high of $49.45. The stock’s 50 day moving average price is $43.57 and its 200 day moving average price is $44.33. The firm has a market cap of $12.87 billion, a P/E ratio of 14.95 and a beta of 0.69.
Spectra Energy Partners, (NYSE:SEP) last posted its earnings results on Wednesday, May 10th. The pipeline company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.10. Spectra Energy Partners, had a return on equity of 9.92% and a net margin of 45.23%. The firm had revenue of $700 million for the quarter, compared to analyst estimates of $701.45 million. The business’s revenue was up 12.2% on a year-over-year basis. On average, analysts anticipate that Spectra Energy Partners, will post $3.23 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Monday, May 15th were paid a $0.7013 dividend. The ex-dividend date was Thursday, May 11th. This represents a $2.81 dividend on an annualized basis and a yield of 6.74%. This is a positive change from Spectra Energy Partners,’s previous quarterly dividend of $0.69. Spectra Energy Partners,’s dividend payout ratio is presently 100.72%.
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About Spectra Energy Partners,
Spectra Energy Partners, L.P. through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids. Its segments include U.S. Transmission, Liquids and Other. The U.S.
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