|Bid||54.68 x 13900|
|Ask||54.69 x 19200|
|Day's Range||54.54 - 54.73|
|52 Week Range||45.33 - 54.79|
|PE Ratio (TTM)||9.01|
|Expense Ratio (net)||0.14%|
Sempra Energy is expected to fund the $9.45 billion Oncor acquisition using its own debt and equity as well as third-party equity.
Utility stocks are rising high. It was only last week that the PHLX Utility Index (UTY) submitted above the 689 to reach a new all-time intra-day high. Among their worries, are that dividend yields fall as stock price rise, rising interest rates and investors stretching ahead into 2020 to justify current multiples.
Sempra Energy stock rose 1.6% and hit an all-time high of $118.78 after the news of Oncor's acquisition. It has risen nearly 10% in the last 12 months.