5 Best Dividend Stocks To Own For 2016

5 Best Dividend Stocks To Own For 2016: Spectra Energy Corp(SE)

Spectra Energy Corp, through its subsidiaries, engages in the ownership and operation of a portfolio of complementary natural gas-related energy assets in the United States and Canada. The company operates in four segments: U.S. Transmission, Distribution, Western Canada Transmission and Processing, and Field Services. The U.S. Transmission segment engages in the transportation and storage of natural gas for customers in various regions of the northeastern and southeastern United States and the Maritime Provinces in Canada. Its natural gas pipeline systems consist of approximately 19,000 miles of transmission pipelines; and storage capacity comprises 305 billion cubic feet in the United States and Canada. The Distribution segment engages in the natural gas storage, transmission, and distribution in Western Canada and the United States. This segment has approximately 37,600 miles of distribution main and service pipelines serving approximately 1.3 million residential, comme rcial, and industrial customers. The Western Canada Transmission and Processing segment provides natural gas transportation, and gas gathering and processing services; and provides services to natural gas producers to remove impurities from the raw gas stream including water, carbon dioxide, hydrogen sulfide, and other substances. This segment serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers and processes natural gas, as well as fractionates, markets, and trades natural gas liquids. It engages in gathering raw natural gas through gathering systems located in nine natural gas producing regions consisting of the Mid-Continent, Rocky Mountain, east Texas-north Louisiana, Barnett Shale, Gulf Coast, South Texas, Central Texas, Antrim Shale, and Permian Basin. ! The company is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Tom Rojas var popups = dojo.query(".socialByline .popC"); popups.forEach(func]

  Spectra Energy Corp.(SE) said its second-quarter profit fell 26%, reporting weaker-than-expected results as plant turnarounds dented revenue growth and increased costs.

• [By Value Investor]

  I will compare Apache based on EV/EBITDA valuation, which is most relevant for Oil and Gas companies. Trailing 12 months EV/EBITDA for Apache, Spectra Energy Corp. (SE) and Anadarko Petroleum Corporation (APC) is 3.6, 16.3 and 5.7, respectively. This clearly suggests that Apache is trading at a deep discount to its peers. In addition to the valuation, Apache's operation in the resources rich Permian and Central basin makes it a strong buy at current valuation.

source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-dividend-stocks-to-own-for-2016.html