Spectra Energy Pt (SEP) Company Profile
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Name: Spectra Energy Pt
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Spectra Energy Partners, via its subsidiaries, transports natural gas through interstate pipeline systems and stores it in underground facilities in the southern US. It owns and operates 100% of the approximate 1,400-mile East Tennessee interstate natural gas transportation system. This system extends from Tennessee east into Virginia and northern North Carolina and south into northern Georgia. Spart also owns a 24.5% interest in the Gulfstream interstate natural gas transportation system, a 50% interest in Market Hub. The company moves and stores natural gas for local gas distributors, municipal utilities, direct industrial users, electric power generators, marketers, and producers. (see report summary)
Management Analysis
Spectra Energy Pt has a consistent company strategy. Big strategy changes can be disruptive, which could hurt long term value.
Spectra Energy Pt Milestones
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