Thursday, June 25, 2015

Top 5 Consumer Service Stocks To Buy Right Now

Top 5 Consumer Service Stocks To Buy Right Now: Spectra Energy Partners LP(SEP)

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet (Bcf) and re-gasification capability of 150 million cubic feet per day. The company also owned a 24.5% interest in the approximate 700-mile Gulfstream interstate natural gas transportation system, which extends from Pascagoula, Mississippi, and Mobile, Alabama across the Gulf of Mexico and into Florida; a 50% interest in Market Hub, which owns and operates 2 salt cavern natural gas storage facilities, the Egan storage facility with gas capacity of approximately 20 Bcf, and the Moss Bluff storage facility with working gas capacity of 15 Bcf. The company transports and stores natural gas for local gas distribution companies, municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers, and producers. Spectra Energy Partners (DE) GP, LP, operates as the general partner to Spectra Energy Partners, LP. The company is based in Houston, Texas.

Advisors' Opinion:
  • [By David Dittman]

    Question: What's your medium- and long-term outlook for El Paso Pipeline Partners LP (NYSE: EPB), Energy Transfer Partners LP (NYSE: ETP) and Spec! tra Energy Partners LP (NYSE: SEP)? If you had to choose one for the long term, which one would it be?

  • [By Marc Bastow]

    Natural gas pipeline supplier Spectra Energy Partners (SEP) raised its quarterly dividend 5.8% to 54.625 cents per share, payable on Feb. 28 to shareholders of record as of Feb. 14.
    SEP Dividend Yield: 4.87%

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-consumer-service-stocks-to-buy-right-now-2.html

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