|Day's Range||39.350 - 39.770|
|52 Week Range||38.260 - 45.770|
|PE Ratio (TTM)||27.93|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Announcement: Moody's: Canadian acquisition spree of US utilities and pipeline companies expected to continue. Global Credit Research- 22 May 2017. New York, May 22, 2017-- Moody's Investors Service expects ...
Even though Enbridge is now calling the shots, little has changed at Spectra Energy Partners for now.
Enbridge Inc , North America's largest energy infrastructure company, said on Thursday it may acquire more assets and forecast a rise in adjusted earnings this year following its purchase of Spectra Energy Corp. Enbridge bought Spectra for $28 billion in a deal that closed on Feb. 27, highlighting the pressure faced by pipeline companies to merge as they grapple with over-capacity. Calgary, Alberta-based Enbridge, which reported a lower-than-expected profit for the first quarter on Thursday, said it expects adjusted profit before interest and taxes of C$7.2 billion ($5.3 billion) to C$7.6 billion in 2017, compared to C$4.7 billion last year.