Spectra Energy Partners LP (SEP) : Tuesdays money flow data in Spectra Energy Partners LP (SEP) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $7 million, whereas, $4.39 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.6, in favor of the bulls. The total money flow into the stock was $2.62 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.85 million. The total value of block trades done on upticks was $1.85 million. Spectra Energy Partners LP (SEP) fell $0.21 and traded at $45.78, down -0.46% for the day, over previous days close. On a weekly basis, the shares are -1.06% over the previous weeks close.
Institutional Investors own 18.52% of Spectra Energy Partners LP shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Spectra Energy Partners, Lp, Woodward J D, had purchased 1,500 shares in a transaction dated on December 4, 2015. The transaction was executed at $39.3 per share with total amount equaling $58,950.
Spectra Energy Partners, LP has lost 2.24% in the last five trading days and dropped 1.42% in the last 4 weeks. Spectra Energy Partners, LP has dropped 4.36% during the last 3-month period . Year-to-Date the stock performance stands at -1.21%.
Spectra Energy Partners LP (NYSE:SEP): On Tuesdays trading session , Opening price of the stock was $46.27 with an intraday high of $46.56. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.72. However, the stock managed to close at $45.78, a loss of 0.46% for the day. On the previous day, the stock had closed at $45.99. The total traded volume of the day was 456,208 shares.
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.