|Bid||116.43 x 900|
|Ask||116.44 x 800|
|Day's Range||114.61 - 116.52|
|52 Week Range||100.49 - 127.22|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 26, 2019|
|Forward Dividend & Yield||3.58 (3.13%)|
|1y Target Est||127.00|
Sempra Energy NYSE:SREView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort 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 February 15. Money flowETF/Index ownership | NegativeETF activity is negative but appears to be improving. Over the last one-month, outflows of investor capital in ETFs holding SRE totaled $8.17 billion. However, outflows appear to be slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. SRE credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
DALLAS, Feb. 18, 2019 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its fourth quarter and year-end 2018 results on February 26, 2019, prior to Sempra Energy's (SRE) fourth quarter and year-end 2018 conference call. Oncor's fourth quarter and year-end 2018 earnings release will be available at oncor.com. Sempra Energy's conference call will occur at 12 p.m. ET on February 26, 2019, and may include discussion of Oncor's fourth quarter and year-end 2018 operational and financial results.
Consolidated Edison's (ED) subsidiary completes its previously announced acquisition of Sempra Energy's subsidiary for $1.6 billion.
LOS ANGELES, Feb. 14, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and biogas producer Calgren Dairy Fuels (Calgren) today announced that renewable natural gas produced at Calgren's dairy digester facility in Pixley, California is being injected into SoCalGas pipelines. The project marks the first time that carbon-negative renewable natural gas produced from cow manure has been injected directly into SoCalGas' natural gas system.
LOS ANGELES , Feb. 13, 2019 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: ...
SAN DIEGO, Feb. 13, 2019 /PRNewswire/ -- Sempra Energy (SRE) plans to release its fourth-quarter and year-end 2018 earnings at 7 a.m. ET, Feb. 26. Sempra Energy executives will conduct a conference call at 12 p.m. ET, Feb. 26. Prior to the conference call, a slide presentation detailing the earnings results also will be posted at 7 a.m. ET, Feb. 26, on Sempra Energy's website.
"The agreement to sell our U.S. wind assets along with the previously announced sales of our U.S. solar and natural gas storage assets are expected to generate approximately $2.5 billion in cash proceeds to support our growth plan as we strive to become North America's premier energy infrastructure company," said Joseph A. Householder, president and chief operating officer of Sempra Energy. The agreement to sell the remainder of Sempra Renewables, a subsidiary of Sempra Energy, includes the Black Oak Getty Wind project in Minnesota and the Apple Blossom Wind project in Michigan, as well as its interests in the following projects jointly owned with BP Wind Energy: Auwahi Wind in Hawaii (wind and battery storage), Flat Ridge 2 Wind in Kansas, Mehoopany Wind in Pennsylvania, Cedar Creek 2 Wind in Colorado, and Fowler Ridge 2 Wind in Indiana.
PG&E Corporation (NYSE: PCG ) has rallied more than 18 percent since the company officially filed for bankruptcy on Jan. 29. However, one Wall Street analyst said he is increasingly pessimistic the state ...
LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the utility will participate in the World Agricultural Expo in Tulare, Calif. The theme for this year's SoCalGas display is "Clean, Renewable and Affordable" and will highlight the important role natural gas plays in California's clean energy future. Visitors to the SoCalGas exhibit booth will learn about the benefits of natural gas by taking the "SoCalGas Challenge" – a series of five stations each highlighting the value of natural gas. The stations include information on residential energy efficiency programs, business energy efficiency programs, customer assistance programs, natural gas vehicles and renewable energy.
Sempra Energy or Edison International: Which Could Emerge Strong?(Continued from Prior Part)Analysts’ recommendationsSempra Energy (SRE) has a median target price of $126.5 compared to its current market price of $117.2, which indicates an upside
SAN DIEGO, Feb. 7, 2019 /PRNewswire/ -- Sempra Energy (SRE) today announced that it has completed the sale of its non-utility U.S. natural gas storage facilities to an affiliate of ArcLight Capital Partners (ArcLight) for $328 million in cash, subject to customary post-closing adjustments. ArcLight's affiliate Enstor Gas will operate the facilities going forward. "With the sale of these assets, we can reallocate capital toward growing our core electric and natural gas infrastructure businesses," said Joseph A. Householder, president and chief operating officer of Sempra Energy.
Sempra Energy or Edison International: Which Could Emerge Strong?(Continued from Prior Part)Moving averages So far, Sempra Energy (SRE) stock has risen almost 10% in 2019. Currently, Sempra Energy is trading at $117.1, which is nearly 3% above its
Sempra Energy or Edison International: Which Could Emerge Strong?(Continued from Prior Part)Debt profile Utilities generally have a large amount of debt on their books due to their heavy capex needs. At the end of the third quarter, Sempra Energy
NEW YORK, Feb. 07, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
SAN DIEGO, Feb. 6, 2019 /PRNewswire/ -- As conversations about climate change and wildfires continue to be at the forefront of California policy discussions, San Diego Gas & Electric (SDG&E) has developed a comprehensive 2019 Wildfire Mitigation Plan (the Plan), designed to help prevent electric equipment-related fires, improve the resiliency of the regional power grid to withstand extreme weather conditions, and enhance the company's highest priority: keeping customers and the communities it serves safe. The Plan builds upon the wildfire mitigation programs SDG&E has been developing and implementing over the past decade.
Sempra Energy or Edison International: Which Could Emerge Strong?(Continued from Prior Part)Valuation In this part, we’ll discuss Sempra Energy (SRE) and Edison International’s (EIX) valuations. Sempra Energy, the largest utility by market cap
Sempra Energy or Edison International: Which Could Emerge Strong?Sempra Energy and Edison International In the last few years, the wildfires in California changed the landscape for utilities operating in the state. PG&E (PCG), one of the largest
SAN DIEGO , Feb. 5, 2019 /PRNewswire/ -- Sempra Energy's (NYSE:SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its fourth-quarter 2018 ...
LOS ANGELES, Feb. 5, 2019 /PRNewswire/ -- Due to cold weather predicted for parts of the SoCalGas service territory, Southern California Gas Co. (SoCalGas) has issued a "Dial It Down" Alert, encouraging Southern Californians to conserve natural gas until further notice. Customers are asked to conserve energy by reducing their natural gas use, specifically in the evenings when natural gas is typically at peak use. During periods of cold weather, local demand for natural gas for home heating, hot water, and cooking can increase rapidly and put a strain on the natural gas system.
Global institutional investors are circling a swathe of energy-related infrastructure assets in Latin America to increase their exposure in a region rife with more uncertainties but offering greater returns than those in more developed markets such as the US. Private investors or pension funds with cash burning holes in their pockets are increasingly participating in leveraged acquisitions of assets from Chile to Mexico. Mainly in the energy and infrastructure fields, such assets come with assigned long-term operating concessions and line up with the buyside’s taste for longer-term investments, banking sources said.
President Donald Trump said on Monday he would nominate David Bernhardt, a former energy lobbyist, to be secretary of the interior, the department that oversees U.S. public lands. Bernhardt, currently the acting secretary at the Interior Department, is widely expected to continue pushing the Trump administration's plan to boost domestic fossil fuels production by opening more U.S. public lands to drilling and mining. "David has done a fantastic job from the day he arrived, and we look forward to having his nomination officially confirmed," Trump said on Twitter.
Customers are urged to immediately reduce their natural gas use to help conserve energy LOS ANGELES , Feb. 2, 2019 /PRNewswire/ -- Due to colder weather and rain predicted for parts of the SoCalGas service ...
SAN DIEGO, Jan. 31, 2019 /PRNewswire/ -- Sempra Energy (SRE) today announced it received the Final Environmental Impact Statement (FEIS) from the Federal Energy Regulatory Commission (FERC) to construct the Port Arthur LNG natural gas liquefaction-export project in Jefferson County, Texas, as well as the Texas and Louisiana connector pipeline projects that will deliver natural gas to the new export facility.
LOS ANGELES , Jan. 31, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today highlighted payment options and protections for federal employees who have been affected by the recent government ...