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Spectra Energy Partners LP (Spectra Energy Partners LP) Momentum Rank : 0 (As of May. 06, 2024)


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What is Spectra Energy Partners LP Momentum Rank?

Spectra Energy Partners LP has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


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Spectra Energy Partners LP (Spectra Energy Partners LP) Business Description

Traded in Other Exchanges
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Address
Spectra Energy Partners is a master limited partnership that is majority owned by its general partner and corporate parent, Enbridge, a Canadian energy company. SEP owns more than 15,000 miles of natural gas and oil pipelines in the U.S. and Canada. It also owns 170 billion cubic feet of gas storage and 5.6 million barrels of crude oil storage, as well as gas- and oil-gathering facilities.
Executives
Michael G Morris director AMERICAN ELECTRIC POWER, 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
J D Woodward director
William T. Yardley director, officer: President & Chairman 5400 WESTHEIMER COURT, HOUSTON TX 77056
Nora Mead Brownell director C/O COMVERGE, INC., 120 EAGLE ROCK AVENUE, SUITE 190, EAST HANOVER NJ 07936
Laura Buss Sayavedra director, officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056
Stephen J Neyland officer: Vice President-Finance 5400 WESTHEIMER COURT, HOUSTON TX 77056
John K Whelen director 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Vernon D Yu director, officer: Chief Development Officer 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Allen C Capps officer: Controller 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
Gregory L Ebel director, officer: President & CEO
Fred J Fowler director C/O DCP MIDSTREAM, 370 17TH STREET, SUITE 2500, DENVER CO 80202
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dorothy M Ables director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Reginald D Hedgebeth officer: General Counsel 9950 MAYLAND DRIVE, RICHMOND VA 23233
Steven D Arnold director 5400 WESTHEIMER COURT, HOUSTON TX 77056

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