Spectra Energy Partners LP (SEP) : On Friday, The money flowed into the Spectra Energy Partners LP (SEP) stock with an uptick to downtick ratio was recorded at 2.86. Transactions worth $1.68 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.59 million. The total money flow into the stock was $1.09 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.14 million of block transactions on upticks. The total money flow in block trades was $1.14 million. In terms of price action, Spectra Energy Partners LP (SEP) traded down $0.05 during the session at $45.37. Compared to the previous days closing, the stock was down only by -0.11%. For the week, the stock is -1.37%, over previous weeks closing.
Institutional Investors own 19% of Spectra Energy Partners LP shares.
In a related news, Woodward J D, director of Spectra Energy Partners, Lp, had purchased 1,500 shares on December 4, 2015. The total value of the transaction was $58,950. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Spectra Energy Partners LP (NYSE:SEP): The stock opened at $45.49 and touched an intraday high of $45.91 on Friday. During the day, the stock corrected to an intraday low of $45.32, however, the bulls stepped in and pushed the price higher to close in the green at $45.45 with a gain of 0.07% for the day. The total traded volume for the day was 264,256. The stock had closed at $45.42 in the previous trading session.
Spectra Energy Partners LP (SEP) : During the past 4 weeks, traders have been relatively bearish on Spectra Energy Partners LP (SEP), hence the stock is down -6.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.69% relative to the S&P 500. The 4-week change in the price of the stock is -6.19% and the stock has fallen -1.2% in the past 1 week.
Spectra Energy Partners, LP 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 (NGLs. The Company owns and operates natural gas transmission, gathering and storage assets, and crude oil transportation and storage assets, in central, southern and eastern United States, as well as western Canada. The Company operates two segments: U.S. Transmission, and Liquids. The Companys U.S. Transmission business provides transmission, storage, and gathering of natural gas for customers in various regions of the northeastern and southeastern United States. The Companys Liquids business provides transportation and storage of crude oil and transportation of NGLs for customers in central and southern United States and Canada.