Spectra Energy Corp. (SE) : Alpha Omega Wealth Management scooped up 28 additional shares in Spectra Energy Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 1,053 shares of Spectra Energy Corp. which is valued at $32,654.Spectra Energy Corp. makes up approximately 0.03% of Alpha Omega Wealth Management’s portfolio.
Spectra Energy Corp. opened for trading at $31.3 and hit $31.77 on the upside on Wednesday, eventually ending the session at $31.7, with a gain of 2.23% or 0.69 points. The heightened volatility saw the trading volume jump to 36,29,177 shares. Company has a market cap of $21,287 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in SE during the most recent quarter. The investment firm sold 426,448 shares of SE which is valued $13,224,152.Reilly Financial Advisors boosted its stake in SE in the latest quarter, The investment management firm added 171 additional shares and now holds a total of 2,394 shares of Spectra Energy Corp. which is valued at $74,238. Spectra Energy Corp. makes up approx 0.02% of Reilly Financial Advisors’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in SE in the latest quarter, The investment management firm added 6,773 additional shares and now holds a total of 124,376 shares of Spectra Energy Corp. which is valued at $3,656,654. Spectra Energy Corp. makes up approx 0.08% of Oregon Public Employees Retirement Fund’s portfolio. Prospera Financial Services Inc added SE to its portfolio by purchasing 9,498 company shares during the most recent quarter which is valued at $279,241. Spectra Energy Corp. makes up approx 0.06% of Prospera Financial Services Inc’s portfolio. Eqis Capital Management added SE to its portfolio by purchasing 9,610 company shares during the most recent quarter which is valued at $288,492. Spectra Energy Corp. makes up approx 0.02% of Eqis Capital Management’s portfolio.
On the company’s financial health, Spectra Energy Corp. reported $0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $0.30. The company had revenue of $1316.00 million for the quarter, compared to analysts expectations of $1510.67 million. The company’s revenue was down -17.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.47 EPS.
Spectra Energy Corp is a natural gas infrastructure company. The Company owns and operates natural gas-related energy assets and a crude oil pipeline system connecting Canadian and the United States producers to refineries in the United States Rocky Mountain and Midwest regions. It operates in three areas of the natural gas industry: gathering and processing transmission and storage and distribution. It conducts its business in four segments: Spectra Energy Partners Distribution Western Canada Transmission & Processing and Field Services. It provides transmission and storage of natural gas to customers in various regions of the northeastern and southeastern United States the Maritime Provinces in Canada the Pacific Northwest in the United States and Canada and in the province of Ontario Canada. It also provides natural gas sales and distribution services to retail customers in Ontario and natural gas gathering and processing services to customers in western Canada.