Spectra Energy Partners, LP (NYSE:SEP) was founded in 2007 and is headquartered in Houston, Texas, with 2,500 full-time employees. It is the investment department of Spectra Energy Corp. (now a company under Enbridge ). Spectra Energy Partners is one of the largest MLP (Master Limited Partnerships) in the United States. It owns pipelines and storage facilities to connect the growing supply area to the high demand market for natural gas and crude oil.
Spectra Energy Partners (SEP):
Spectra Energy Partners, LP is a natural gas pipeline and storage facility operator in the United States. Its main business scope is located in the southeastern United States and storing natural gas in underground facilities in southeastern Texas.
Spectra Energy Partners, LP, through its subsidiaries, transports natural gas through the interstate pipeline system and stores the natural gas in underground facilities in the United States.
Spectra Energy Partners assets include (2017): more than 15,000 miles of transmission pipelines, 17 billion cubic feet of natural gas storage facilities and approximately 5.6 million barrels of crude oil storage facilities.