Investor’s Alert on Worth Watching Stocks:Spectra Energy Corp. (NYSE:SE), FirstEnergy Corp. (NYSE:FE)

On Friday, Shares of Spectra Energy Corp. (NYSE:SE), subtract -3.49% and closed at $39.60 in the last trading session. The last trading range of the stock ranges between $39.58 and $40.81. The company’s Market capitalization is $26.81 Billion with the total Outstanding Shares of 701.00 million. Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, in addition to transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of about 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has about 40,000 miles of main and service pipelines; storage capacity of about 163 Bcf; and transmission system of about 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, counting water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $21.43 and reached to max level of $44.00. The EPS of company is strolling at 0.44.

Shares of FirstEnergy Corp. (NYSE:FE), dropped -0.72% and closed at $31.62 in the last trading session. The last trading range of the stock ranges between $31.50 and $32.31. The company’s Market capitalization is $13.36 Billion with the total Outstanding Shares of 425.74 million. FirstEnergy Corp. (FE) partner Mon Power recently declared it has initiated a review of its ownership stake in the Bath County Pumped Storage Project located in Warm Springs, Virginia.  The review is driven by recent changes in the PJM capacity market which in the future are expected to reduce sharply Mon Power’s capacity revenues from the facility.  There is no assurance that this review by Mon Power will result in any alternatives being declared or consummated.

Mon Power has an indirect 487-megawatt (MW) ownership interest in the pumped storage hydroelectric generating station which consists of two large reservoirs and a powerhouse interconnected by tunnels.  Virginia Electric and Power Company, a partner of Dominion Resources, Inc., is the majority owner of the station and manages its operation.

PJM’s new capacity rule reduces the value of pumped storage generation stations because they cannot produce electricity continuously during all hours of the day.  Under the new rules, Bath’s capacity revenues for Mon Power will be reduced by about half.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $29.62 and reached to max level of $36.60. The EPS of company is strolling at -1.44.

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