SEP stock: buy or sell?

SEP stock price: $35.40 -1.20% At close on December 14th, 2018

Updated on:
December 14th, 2018

2

Spectra Energy Partners, LP closed at $35.40 and decreased an ugly -1.20%.

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.

Should I buy SEP stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Spectra Energy Partners, LP stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SEP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Spectra Energy Partners, LP stock a buy?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't detect any rating for SEP stock for the last 30 days.

SEP stock analysis

Daily outlook

Spectra Energy Partners, LP shares decreased -1.20% to $35.40 .

Spectra Energy Partners, LP shares decreased -1.20% to $35.40 . When SEP stock price broke up the SMA200d line, it gained $1.25 (3.66%). , SMA100d and SMA200d crossed up triggering a rise of 0.74%.

SEP stock chart (daily)

Weekly outlook

Shares of Spectra Energy Partners, LP remained steady a tight -0.11% this week.

Having descending tops is not good news for investors in SEP. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new signals. It's important SEP stock price keeps the level, and maybe bounce up from there forming a double bottom shape. Since late October 2018 when SEP stock price broke up the SMA40w line, it gained $1.44 (4.24%). Since early October 2018 when SMA20w and SMA40w crossed up, SEP price slipped $-1.10 per share (-3.01%).

SEP stock chart (weekly)

SEP stock price history

SEP stock went public on June 18th, 2012 with a price of $20.311. Since then, SEP stock surged a 74.30%, with a yearly average of 10.60%. If you had invested $1,000 in SEP stock in 2012, it would worth $743.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SEP stock historical price chart

SEP stock reached 52-week highs at $40.88, and all-time highs 2014-12-30 with a price of 46.53.

SEP stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SEP stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Spectra Energy Partners, LP stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Spectra Energy Partners, LP gained a slightly fine 2.85%. Unfortunately, reported EPS is not yet available in our database.
SEP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.7n/a
2017-Q1-n/a0.74n/a
2017-Q2-n/a0.75n/a
2017-Q32017-11-010.791.1545.6%
2017-Q42018-02-150.840.82-2.4%
2018-Q12018-05-090.830.863.6%
2018-Q22018-08-020.760.793.9%
2018-Q32018-11-010.770.75-2.6%
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared to 2016, last anual sales report draw a chilling correction of -23.02% to $1,950.00 M dollars. In the same way, its profit margin (compared to revenues) plummed to 31.23%, that is $609.00 million.

To have an updated picture of the financial situation of Spectra Energy Partners, LP, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual Spectra Energy Partners, LP TTM sales up to September 2018 were $1,983.00 and earnings were $658.00 million USD. When comparing this TTM figures with the last reported annuality, we can review Spectra Energy Partners, LP business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, stepped up a slightly good 1.69%. Aligned with this, profit margin (net income/revenues) grew at 31.23%.

SEP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,970 M-$987 M50.1%-
2014$2,269 M15.18%$1,004 M44.2%1.72%
2015$2,455 M8.20%$1,225 M49.9%22.01%
2016$2,533 M3.18%$1,161 M45.8%-5.22%
2017$1,950 M-23.02%$609 M31.2%-47.55%
TTM $1,983 M1.69%$658 M33.2%8.05%

Quarterly financial results

Spectra Energy Partners, LP reported $737.00 M in sales for 2018-Q3, a 9.67% improvement compared to previous quarter. Reported quarter income marked $366.00 M with a profit margin of 49.66%. Profit margin slipped a -7.04% compared to previous quarter when profit margin was 56.70%. When comparing sales to same quarter last year, Spectra Energy Partners, LP sales marked a remarkable growth and rose a 6.35%.
SEP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$663 M-$216 M32.6%-
2017-Q1$700 M5.58%$228 M32.6%5.56%
2017-Q2$695 M-0.71%$234 M33.7%2.63%
2017-Q3$693 M-0.29%$460 M66.4%96.58%
2017-Q4$-138 M-119.91%$-496 M359.4%-207.83%
2018-Q1$712 M-615.94%$407 M57.2%-182.06%
2018-Q2$672 M-5.62%$381 M56.7%-6.39%
2018-Q3$737 M9.67%$366 M49.7%-3.94%

Spectra Energy Partners, LP ownership

When you are planning to invest in shares of a company, it's always worth to check its ownership structure.

Spectra Energy Partners, LP shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

For a better context understanding, the next table shows ownership data compared to other related stocks:

SEP
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

SEP summary

Friday, December 14th, 2018
Open$35.61
Close$35.40
Day range$35.40 - $36.01
Previous close$35.83
Session gain-1.20%
Average true range$0.94
50d mov avg$35.46
100d mov avg$36.00
200d mov avg$34.01
Daily patternlt02a
Weekly pattern lt01a

Spectra Energy Partners, LP performance

To better understand Spectra Energy Partners, LP performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Spectra Energy Partners, LP stock.
Stock3m6m12m
SEP-3.59%17.34%-7.84%

Spectra Energy Partners, LP competitors

Unfortunately, we could not find any public company that could be defined as Spectra Energy Partners, LP competitor. This doesn't mean Spectra Energy Partners, LP does not have any competitor in the market, it's just we could not detected it.