|Bid||132.17 x 900|
|Ask||132.29 x 800|
|Day's Range||130.07 - 132.74|
|52 Week Range||88.00 - 161.87|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||10.14|
|Earnings Date||Feb 25, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||4.18 (3.18%)|
|Ex-Dividend Date||Dec 17, 2020|
|1y Target Est||146.24|
Sempra Energy (NYSE: SRE) (Company) today announced a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking portfolio synergies and better positioning the business for growth. To accomplish this, the Company announced its intention to launch a stock-for-stock exchange offer for the publicly traded shares of IEnova (Infraestructura Energética Nova, S.A.B de C.V.), with the Sempra Energy exchange shares to be listed on the Mexican stock exchange (Bolsa Mexicana de Valores, S.A.B de C.V.) (BMV). In addition, the Company announced plans for the formation of a new business platform, Sempra Infrastructure Partners, combining the strengths of Sempra LNG, a leading developer of liquefied natural gas (LNG) export infrastructure, and IEnova, one of the largest private energy companies in Mexico and a leading developer and operator of pipeline, storage and renewables infrastructure. Lastly, the Company intends to sell a non-controlling interest in Sempra Infrastructure Partners in order to fund growth and highlight the underlying value of the platform. Subject to obtaining all required regulatory approvals and the satisfaction of other customary conditions, the Company expects to complete these transactions in the first quarter of 2021.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sempra Energy...
In support of "Giving Tuesday" and with the understanding that great need continues to exist in Los Angeles County, Southern California Gas Co. (SoCalGas) today announced $100,000 in donations to support local food distribution events and holiday toy drives put on by three Los Angeles County non-profit organizations.