|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||106.50 - 107.81|
|52 Week Range||99.71 - 122.98|
|PE Ratio (TTM)||23.71|
|Earnings Date||Feb 28, 2018|
|Forward Dividend & Yield||3.29 (3.08%)|
|1y Target Est||121.44|
Over the last month, growth of ETFs holding SRE is favorable, with net inflows of $17.85 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Dominion Energy or Sempra Energy: Which Could Be Stronger? According to Wall Street analysts’ consensus, Dominion Energy (D) has a mean target price of $82.2, which indicates the potential to gain nearly 8% in a year. Goldman Sachs raised Dominion Energy’s target price from $77.0 to $80 on January 11, 2018.
Dominion Energy or Sempra Energy: Which Could Be Stronger? Dominion Energy stock is trading at an EV-to-EBITDA multiple of 14.2x—higher than its five-year historical average. Dominion Energy continues to look pricey compared to its peers and its historical average.
Short interest is moderately high for SRE with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 9.
Sempra Energy (SRE) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.
SAN DIEGO, Jan. 4, 2018 /PRNewswire/ -- Sempra Energy (SRE) today announced that it has priced its concurrent offerings (the equity offerings) of 23,364,486 shares of its common stock in connection with the forward sale agreements described below at $107 per share and 15,000,000 shares of its 6-percent Mandatory Convertible Preferred Stock, Series A, at $100 per share, each in a separate registered public offering. The equity offerings are expected to close on or about Jan. 9, 2018, subject to customary closing conditions. In addition, the underwriters in the respective equity offerings have been granted the option to purchase directly from Sempra Energy up to an additional 3,504,672 shares of its common stock and up to an additional 2,250,000 shares of its Mandatory Convertible Preferred Stock.
LOS ANGELES, Jan. 4, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it is partnering with a development team to advance a new process that converts natural gas to hydrogen, carbon fiber, and carbon nanotubes. The goal of the partnership, led by C4-MCP, LLC (C4), a Santa Monica-based technology start-up, is to offset the hydrogen production expense with the sales of the carbon fiber and carbon nanotubes, reducing the hydrogen's net cost to under $2 per kilogram, thus helping make hydrogen fueled cars and trucks cost-competitive with conventional gasoline and diesel vehicles.
Sempra Energy shares rose more than 2% on Wednesday after the natural gas utility revealed plans to raise up to US$4.6bn to fund its acquisition of Texas power distributor Oncor. California-based Sempra's stock was up as much as 2.6% to US$108.05 per share on news of the dual-tranche equity and equity-linked offering to fund the pending US$9.45bn purchase. Sempra said it would sell US$2.5bn of common equity and US$1.5bn of three–year mandatory convertible preferred shares, raising US$4.6bn in all if 15% overallotment options are used.
DALLAS , Jan. 3, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Energy Infrastructure Capital Strength Select Index, a composite of North American midstream, refining, ...
SAN DIEGO, Jan. 2, 2018 /PRNewswire/ -- Sempra Energy (SRE) today announced that it is commencing concurrent offerings (the equity offerings) of $2.5 billion of shares of its common stock in connection with the forward sale agreements described below and $1.5 billion of shares of its Mandatory Convertible Preferred Stock, Series A, each in a separate registered public offering, subject to market and other conditions. Sempra Energy expects to use the net proceeds from these offerings and the related sale of shares of its common stock pursuant to the forward sale agreements referred to below, together with the net proceeds from planned future debt financings, which may include the issuance of its debt securities, commercial paper supported by its revolving credit facilities and borrowings under its revolving credit facilities, to finance the merger and related costs and expenses or, in the case of any proceeds received from settlements under the forward sale agreements that occur after the closing of the proposed merger, to repay indebtedness incurred to finance a portion of the cost of the merger and related costs and expenses.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Sempra Energy with the following peers – Vectren Corporation, PG&E Corporation, NiSource Inc, MDU Resources Group, Inc., WGL Holdings, Inc., UGI Corporation, Dominion Energy Inc, Southwest Gas Holdings, Inc., Centrica plc Sponsored ADR and NextEra Energy, Inc. (VVC-US, PCG-US, NI-US, MDU-US, WGL-US, UGI-US, D-US, SWX-US, ... Read more (Read more...)
LONDON, UK / ACCESSWIRE / December 29, 2017 / Active-Investors.com has just released a free research report on Oncor-Sempra Energy (NYSE: SRE ). If you want access to this report all you need to do is ...
Wall Street analysts' consensus gave Edison International (EIX) stock a mean target price of $77.6, which indicates a potential upside of nearly 23%.
SAN DIEGO and DALLAS, Dec. 27, 2017 /PRNewswire/ -- Oncor Electric Delivery Company, LLC (Oncor) and Sempra Energy (SRE) today announced that The Alliance for Retail Markets and the Texas Energy Association for Marketers joined a settlement agreement for Sempra Energy's pending acquisition of Energy Future Holdings Corp. (EFH), including EFH's indirect, approximate 80-percent ownership of Oncor.
The ongoing wildfire risk may have shifted California from a premium to a discount jurisdiction on inverse condemnation risk, according to Bank of America Merrill Lynch. Inverse condemnation is a situation ...
Rating Action: Moody's changes Oncor Electric Delivery Company's rating outlook to positive; affirms A3 senior secured rating. Global Credit Research- 20 Dec 2017. Approximately $5.8 billion of debt securities ...
Rating Action: Moody's changes rating outlook of Sempra Energy to negative; affirms Baa1 senior unsecured rating. Global Credit Research- 20 Dec 2017. Approximately $6.6 billion of debt securities affected....
Southern California Gas on Wednesday urged customers to conserve natural gas to avoid straining energy supplies over the next week as cold weather blankets the area, boosting heating demand. Adequate gas supply has been a hot topic in Southern California since a leak from October 2015 to February 2016 shut SoCalGas' Aliso Canyon gas storage facility in Los Angeles. After SoCalGas upgraded the facility, its biggest in the state, California regulators allowed the company to start injecting gas into it in July, but limited the amount of fuel the utility could store and withdraw to protect public safety.
LOS ANGELES, Dec. 20, 2017 /PRNewswire/ -- With forecasts calling for average temperatures across Southern California to be in the 40s from Wednesday through at least Sunday, Southern California Gas Co. (SoCalGas) today shared tips to help customers save on their energy costs. During cold weather, customers typically use three to seven times more natural gas for space and water heating, which can result in higher bills. Increased demand for natural gas can also strain local energy supplies.
The settlement falls within the existing construction budget and financing commitments for Cameron LNG while including incentives for additional milestones. The settlement agreement is subject to the satisfaction of certain conditions that will reflect improvement to CB&I's credit support to the project. Additional information concerning this settlement agreement is available in the Current Report on Form 8-K filed by Sempra Energy today with the Securities and Exchange Commission. The $10-billion liquefaction facility comprises three liquefaction trains with an expected export capability of 12 million tonnes per annum of LNG or approximately 1.7 billion cubic feet per day.