142.22 0.00 (0.00%)
After hours: 5:09PM EDT
|Bid||142.19 x 900|
|Ask||142.21 x 800|
|Day's Range||140.76 - 142.79|
|52 Week Range||104.88 - 144.93|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||20.48|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||3.87 (2.75%)|
|1y Target Est||149.50|
Rating Action: Moody's upgrades debt ratings for seven enhanced loans of the State of Nuevo León. Global Credit Research- 19 Sep 2019. Mexico, September 19, 2019-- Moody's de Mexico upgraded debt ratings ...
Dividend stocks are a well-worn prescription for what ails an investor's upset stomach. Are a cascade of troubling headlines and fears of Wall Street volatility making you nauseous? A regular stream of cash distributions can help smooth out your returns and restore your sanity.But investors also are increasingly targeting a more direct solution to volatility: low-volatility funds. These products are designed to piece together a basket of stocks whose movements aren't as exaggerated as the rest of the market, and they're gaining in popularity. The iShares Edge MSCI Min Vol USA ETF (USMV), for instance, had enjoyed nearly $6 billion in net inflows through 2019's midway point. Invesco S&P; 500 Low Volatility ETF (SPLV), which is roughly a third of the size of USMV, had brought in $2 billion.Fortunately, dividends and low volatility aren't an either/or proposition. You can get both, and DIVCON can help us discover these more stable dividend stocks.The DIVCON system from exchange-traded fund provider Reality Shares examines the payout health of all dividend stocks among Wall Street's 1,200 largest companies. It does that by poring into metrics including profit growth, free cash flow (how much cash companies have left over after they meet all their obligations) and even the Altman Z-score, which helps assess a company's likelihood of a bond default or bankruptcy. The resulting rating system (a 1-5 scale in which DIVCON 5 indicates the healthiest of payouts and DIVCON 1 indicates dividends at the most risk) provides a measure of a dividend's sustainability and chance of future growth.Here are seven dividend stocks for a little peace of mind. All seven stocks not only boast strong DIVCON 4 ratings, but have exhibited lower volatility and total-return outperformance (that's price plus dividends) versus the S&P; 500 over the past year. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most
A major natural gas pipeline between Texas and the Mexican Gulf Coast port of Tuxpan that was at the heart of a dispute between Mexico's government and infrastructure firms begins operations on Tuesday, the companies behind it said. Canada's TC Energy and a Mexican unit of U.S. company Sempra Energy, IEnova, said in a statement the $2.6 billion Marino Sur pipeline was starting operations.
SAN DIEGO, Sept. 16, 2019 /PRNewswire/ -- For the second consecutive year, Sempra Energy (SRE) is the only North American utility holding company to be named to the Dow Jones Sustainability World Index. "This honor further inspires us to continue finding new and better ways to serve our 40 million consumers and to carry out our mission to be North America's premier energy infrastructure company," said Dennis V. Arriola, executive vice president and group president, and chief sustainability officer for Sempra Energy.
Cameron LNG, a liquefied natural gas facility in Louisiana operated be Sempra Energy, declared force majeure on the export terminal due to technical problems at the plant but the volume impact was not immediately clear, LNG traders said on Friday. The export terminal is one of several new facilities to have come onstream this year and boost U.S. LNG production, causing gas prices around the world to fall. Traders were notified by Cameron LNG of the force majeure.
LOS ANGELES, Sept. 12, 2019 /PRNewswire/ -- Today, Southern California Gas Co. (SoCalGas) and Gas Technology Institute (GTI) announced they have successfully demonstrated a new industrial drying technology that uses far less energy, reduces greenhouse gas emissions and saves money. The new technology can be used for drying or heat processing across a broad spectrum of industrial, agricultural and commercial applications—including drying livestock feed, textiles and pharmaceutical ingredients. Compared to existing industrial dryers, the new technology uses 61 to 65 percent less natural gas, at least 40 percent less electricity, and recovers a substantial amount of water, all while drying up to eleven tons of wet material per hour.
SAN DIEGO, Sept. 6, 2019 /PRNewswire/ -- Today, the Sempra Energy (SRE) board of directors declared a quarterly dividend of $0.9675 per share of common stock. The common stock dividend is payable Oct. 15, 2019, to common stock shareholders of record at the close of business on Sept. 20, 2019. The company's board of directors also declared a quarterly dividend of $1.50 per share on Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A (Preferred Stock, Series A).
Spot power prices in Texas for Friday crashed from a record high as consumers responded to requests from the state's grid operator to turn down their air conditioners and take other steps to save energy during a brutal heat wave. High temperatures in Houston hit 100 degrees Fahrenheit (38 Celsius) on Thursday and were expected to top that on Friday and come close to triple digits over the weekend before slipping to the mid 90s next week, according to AccuWeather. The Electric Reliability Council of Texas (ERCOT) called on Texans to conserve energy on Thursday and Friday by limiting the use of large appliances and turning the thermostat on their air conditioners up a few degrees.
Spot power prices in Texas soared to a record high for Thursday as consumers cranked up their air conditioners to escape another brutal heat wave. The combination of heat and humidity will make it feel more like 108 F in Houston Thursday afternoon and above 110 over the weekend. The Electric Reliability Council of Texas (ERCOT), grid operator for much of the state, called on consumers to conserve energy on Thursday and Friday.
President and COO of Sempra Energy (30-Year Financial, Insider Trades) Joseph A Householder (insider trades) sold 14,304 shares of SRE on 09/03/2019 at an average price of $143.21 a share. Continue reading...
Shares in Mexican infrastructure company IEnova, a unit of U.S. company Sempra Energy, rose by nearly 7% on Tuesday after it reached a deal over a natural gas pipeline after a dispute with Mexico's government that could extend two of its contracts for 10 years. Shares in IEnova jumped 6.9% after news of the deal negotiated between the state-run power utility Federal Electricity Commission (CFE) and various companies over several natural gas pipeline deals signed under the last government. "This agreement establishes a new tariff structure and considers a 10-year extension for both contracts," IEnova said, referring to the marine pipeline that runs between Texas and the port of Tuxpan, which it developed with Canada's TC Energy , and the Guaymas El Oro pipeline in northern Mexico.
SAN DIEGO , Aug. 27, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today issued the following statement in response to agreements reached between its Mexican subsidiary, Infraestructura Energética Nova, ...
Sempra Energy (SRE) owns 50.2% equity interest in Cameron LNG JV, which is likely to generate $400-$450 million annual earnings for the company.
[Editor's note: This story was published in July 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation.The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut that theory hasn't fully materialized into reality.The result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for dividend yield hunters. Utilities Select Sector SPDR Fund(NYSE: XLU), a utilities ETF, has jumped 13.5% in 2019.The markets' recent volatility has contributed to the XLU's gain, as investors flee toward any safe haven. Not to mention, a number of other catalysts are in play. * 10 Marijuana Stocks to Ride High on the Farm Bill Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally.With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Source: Shutterstock Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than five million customers across eleven states.Over the past three months, AEP stock is up 4.8% and it's up a whopping 24% year to date.The business right now is doing pretty well, as robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Source: Shutterstock Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru. In 2019, SRE stock is up nearly 31%. Sempra's business is doing well: Both revenues and earnings are trending higher amid a favorable economic backdrop.Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 10 Undervalued Stocks With Breakout Potential The dividend yield on SRE stock sits right around 2.8%. That isn't great, but it's right around where the yield has been over the past several years. Duke Energy (DUK)Source: Shutterstock Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy. That said, DUK stock is up more than 7% year-to-date with a dividend yield of 4.15%.Business remains fine, mostly thanks to favorable weather and strengthening economic conditions. And Duke's revenues and earnings have been trending consistently higher at a slow and stable rate.This level of growth should persist for the next several years as economic conditions remain solid. American Water Works Company (AWK)Source: Shutterstock Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company.Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 10 Cheap Dividend Stocks to Load Up On AWK stock has a dividend yield of 1.62%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. It's already up nearly 40% this year. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Source: Shutterstock Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.4%, which is a five-year low. But earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 F-Rated Stocks to Sell for Summer * 7 Stocks to Buy for the Same Price as Beyond Meat * 7 Penny Marijuana Stocks That Are NOT Cheap Stocks The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.
Just over halfway through 2019, utilities continue to impress, with good growth prospects, secure dividends, and sound balance sheets. Finally, PPL's PPL struggles in the United Kingdom will probably result in no dividend growth and could lead to a dividend cut after the RIIO-ED2 regulatory outcome.
SAN DIEGO, Aug. 19, 2019 /PRNewswire/ -- Sempra LNG, a Sempra Energy (SRE) subsidiary, today announced that Cameron LNG's first train of the liquefaction-export project in Hackberry, La., has begun commercial operations under Cameron LNG's tolling agreements. "This is an exciting moment for Cameron LNG and for Sempra Energy," said Carlos Ruiz Sacristan, chairman and CEO of Sempra North American Infrastructure.