|Bid||126.67 x 800|
|Ask||127.41 x 800|
|Day's Range||127.28 - 128.32|
|52 Week Range||100.49 - 130.00|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||37.25|
|Forward Dividend & Yield||3.87 (3.07%)|
|1y Target Est||N/A|
Tellurian Inc.’s proposed $28 billion Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project in Texas were cleared by the Federal Energy Regulatory Commission in a 3-1 vote in Washington on Thursday, with Democratic Commissioner Richard Glick dissenting. The approvals followed a breakthrough at the commission, which had been divided 2-2 along partisan lines over how much climate change should be factored into pipeline and LNG projects.
The U.S. Federal Energy Regulatory Commission (FERC) on Thursday approved construction of two proposed liquefied natural gas (LNG) export terminals, Tellurian Inc's Driftwood in Louisiana and Sempra Energy's Port Arthur in Texas. Demand for LNG around the world has exploded, rising by 9.8%to a record high for a fifth consecutive year in 2018, as countries, like China and India, seek cleaner alternatives to burning coal to meet their growing energy needs, according to data from the International Gas Union (IGU). Driftwood and Port Arthur are just two of dozens of LNG export terminals under development in the United States, Canada and Mexico.
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)PG&EPG&E (PCG), which is seeking bankruptcy protection under Chapter 11, had one of the best weeks of the year. The stock rose almost 20% last week after Governor
The governor issued a report Friday outlining possible solutions for how costs for destructive wildfires will be covered -- including a possible fund that utilities can tap into -- that sent the clearest signal yet that the state will move to keep its power companies solvent. The wide-ranging report gave Wall Street optimism that California will work with utilities to solve an intractable problem: who pays for wildfires as climate change threatens to make them deadlier and more frequent. Now, the task of developing a concrete approach falls to lawmakers, who need to work quickly as another fire season nears.
Italy’s Enel is considering making a bid for the Chilean and Peruvian assets that have been put up for sale by U.S.-based Sempra Energy as part of Enel’s plan to expand further in South America.
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Analysts’ target pricesSempra Energy (SRE) has a median target price of $132.6 compared to its current market price of $127.8, which suggests an estimated upside of ~4%
Enel is considering making a bid for the Chilean and Peruvian assets which have been put up for sale by US-based Sempra
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Moving averagesCurrently, Sempra Energy (SRE) stock is trading at $127.8, which is nearly 6% and 10% above its 50-day and 200-day moving average levels, respectively. The
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Total returnsSempra Energy (SRE), including dividends, returned more than 18%, while broader utilities (XLU) returned 17% in the last 12 months. We have considered capital
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Dividend yieldCurrently, Sempra Energy (SRE) stock offers a dividend yield of 3%, which is in line with the industry average. The company’s five-year historical average
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Debt profileUtility companies generally have a large amount of debt on their books due to their heavy capital spending needs. At the end of the fourth quarter of 2018,
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)EarningsSempra Energy’s (SRE) aggressive expansion into liquified natural gas exports could be a game changer for the utility. The company is building five LNG export
How's Sempra Energy Placed Compared to Its Peers?Sempra stock at an all-time high Sempra Energy (SRE) stock has shown a decent uptrend. Currently, the stock is trading at its all-time high. So far, the stock has risen more than 18% in 2019 and
Why Did Utilities Fall for the Second Consecutive Week?(Continued from Prior Part)Analysts’ target prices Let’s take a look at the target prices for the top utility gainers in 2019. Southern Company (SO) stock offers an estimated downside of
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Why Did Utilities Fall for the Second Consecutive Week?(Continued from Prior Part)Top gains in 2019 Now, we’ll discuss the top utility gainers this year. AES (AES) stock tops the list with more than a 27% gain year-to-date. The company’s earnings
Why Did Utilities Fall for the Second Consecutive Week?Utilities fell for the second weekThe developments on the US-China trade front and positive jobs report boosted the broader market indexes last week. The S&P 500 rose more than 2%, while
While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]
Will Creditors Be Saviors for PG&E?(Continued from Prior Part)Approval of debtor-in-possession loanAccording to Reuters, PG&E (PCG) won a court approval on March 27 for a $5.5 billion loan to help keep up its electric and gas delivery
Sempra (SRE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.