Spectra Energy Partners Hits a Few Snags in Its Last Quarterly Report
With a pending merger with its parent company, Spectra didn't want to announce anything new or groundbreaking.
A partnership Company, which was formed by Spectra Energy to own and operate natural gas transportation and storage assets.
With a pending merger with its parent company, Spectra didn't want to announce anything new or groundbreaking.
SEP earnings call for the period ending September 30, 2018.
Management was mute this past quarter about Spectra's performance or an update on the proposed acquisition.
New regulatory rulings could halt plans for Enbridge to roll up its partnerships into one big company. In that scenario, one of these high-yield stocks is a better buy than the other.
It pays to dig deeper and look past the numbers.
After the MLP posted another quarter of great results, its parent company's subpar bid to fully acquire it was all the more discouraging.
These investments offer an excellent combination of safety, growth, and income.
A rough month for the market caused these income stocks to decline by double digits, making their lucrative yields even more attractive.
An apples-to-apples comparison of these two MLPs shows that one is a better value right now.
Spectra Energy Partners is about as stable a pipeline stock as income investors will find.