Tag Archives: SE

Spectra a potential bidder for Williams Co. of Transco

Few taxes for “investors who receive fat yields” (such as Florida Gov. Rick Scott): that’s what Sabal Trail is for, as Spectra may be one of the bidders for Williams Company, of Transco and the Hillabee Expansion Project, where Sabal Trail aims to get its fracked methane. Not any unproven “need” by Florida. Not any nonexistant customers in Georgia. Profit by a few fat cats headquartered in Houston, Texas, plus Florida Gov. Rick Scott.

The end of this article is the bottom line (literally). Mike Stone and Greg Roumeliotis, Reuters, 5 August 2015, Exclusive: Energy Transfer advances in auction for Williams – sources,

Energy Transfer would be the latest MLP to propose using a C-corporation as a way to maximize tax advantages, increase cash flows and broaden institutional interest.

The sector had previously embraced the MLP structure because the tax burden is passed through to investors who receive fat yields. Because the partnership pays no taxes, it has a lower cost of capital.

WMB was following the lead of Kinder Morgan, according to Albert Alfonso, Seeking Alpha, 23 July 2015, Energy Transfer Equity Enters The Auction For Williams, Continue reading Spectra a potential bidder for Williams Co. of Transco

Who owns Spectra?

Spectra Energy Corp. (SE) is a publicly traded stock. Who buys it? Institutional investors as a small chip and mutual funds, including college investment 529E funds that maybe don’t know the fracking boom is going bust way before many children get to college.

According to Nasdaq, the top five institutional SE investors are: Continue reading Who owns Spectra?

Stranded fossil fuel assets: Spectra vs. SolarCity stock

Speaking of stranded assets, let’s compare Spectra Energy stock to SolarCity stock. Spectra (SE) is up about 20% ever, while SolarCity is up 500% in one year. Just like solar stocks in general are vastly out-performing fossil fuel stocks Investors: do you want to make money, or do you just want to trash our fragile watersheds and take property from people who won’t profit at all from Spectra’s proposed methane pipeline?

Stock quotes by Google Finance.