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Will Sempra Energy Stock Continue to Rise?

Vincent Kruger
Will Sempra Energy Stock Continue to Rise?

Sempra Energy (SRE) stock notably outperformed its peers in California as well as utilities (XLU) at large. On September 18, Sempra Energy announced a cooperation agreement with its activist shareholders Elliott Management and Bluescape Energy Partners, which collectively own 4.9% in Sempra Energy worth $1.6 billion.