Spectra Energy: Profit On Higher Natural Gas Volumes Without Commodity Price Risk
- Spectra Energy is one of the largest natural gas midstream companies in North America.
- The company is guiding for an 8-9% CAGR in the dividend.
- The recent energy sector sell-off has the stock down ~14% even though it is not exposed to lower oil prices.
- Spectra now yields 3.6% and could return 20% over the next 12 months by just returning to its recent high of $43.