SRE - Sempra Energy

NYSE - NYSE Delayed Price. Currency in USD
116.61
+0.70 (+0.60%)
At close: 4:02PM EDT
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Previous Close115.91
Open115.64
Bid38.64 x 1100
Ask117.50 x 800
Day's Range115.40 - 117.11
52 Week Range100.49 - 127.22
Volume2,694,796
Avg. Volume1,735,053
Market Cap31.888B
Beta (3Y Monthly)0.29
PE Ratio (TTM)N/A
EPS (TTM)-2.57
Earnings DateOct 29, 2018 - Nov 2, 2018
Forward Dividend & Yield3.58 (3.11%)
Ex-Dividend Date2018-09-20
1y Target Est124.45
Trade prices are not sourced from all markets
  • SoCalGas' Innovative Natural Gas Capture System Conserves More Than 2.5 Million Cubic Feet of Natural Gas to Date
    PR Newswire2 days ago

    SoCalGas' Innovative Natural Gas Capture System Conserves More Than 2.5 Million Cubic Feet of Natural Gas to Date

    LOS ANGELES, Oct. 19, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the utility had achieved a new milestone with its innovative natural gas capture system, conserving a total of more than 2.5 million cubic feet of natural gas – the equivalent to what more than 12,500 homes use each day on average in the U.S. – since first deploying the technique in August 2016. When crews perform work on a pipeline, some natural gas inside the pipe must be released for safety. Instead of being released into the atmosphere, the natural gas is captured, compressed, and reinjected back into the utility's pipeline system for use by SoCalGas customers.

  • The Wall Street Journal2 days ago

    [$$] Oncor Reaches $1.28 Billion Deal to Take Over InfraREIT

    Oncor Electric Delivery Co. has reached a deal to buy InfraREIT Inc. in a transaction valued at about $1.28 billion including debt.

  • Oncor makes bigger push in Texas with $1.27B deal
    American City Business Journals2 days ago

    Oncor makes bigger push in Texas with $1.27B deal

    The deal expands Oncor’s reach in Texas through access to more transmission assets next to the territory it already serves.

  • Sempra Joins Hunt Family With $1.28 Billion Texas Power Deal
    Bloomberg3 days ago

    Sempra Joins Hunt Family With $1.28 Billion Texas Power Deal

    Sempra’s Oncor unit will pay about $21 a share for InfraREIT Inc., which owns Texas power lines, substations and transmission towers, Sempra said Thursday in a statement. Sempra will also pay $98 million for a 50 percent stake in a holding company that will own Sharyland Utilities LP. The rest will be held by Hunter L. Hunt and other members of the family of Ray L. Hunt.

  • Oncor makes bigger push in Texas with $1.27B deal for InfraREIT
    American City Business Journals3 days ago

    Oncor makes bigger push in Texas with $1.27B deal for InfraREIT

    Dallas electricity giant Oncor has acquired InfraREIT for roughly $1.275 billion, the company said Thursday.

  • Xcel Energy: Analysts’ Recommendations and Target Price
    Market Realist3 days ago

    Xcel Energy: Analysts’ Recommendations and Target Price

    According to Wall Street analysts’ consensus, Xcel Energy (XEL) stock has a median target price of $49.38—compared to its current market price of $48.27, which indicates a potential upside of 2.3% in a year.

  • MarketWatch3 days ago

    InfraREIT's stock set to rally after merger deal with Sempra Energy's majority owned Oncor

    Shares of InfraREIT Inc. were indicated up about 1.7% in premarket trade, after Sempra Energy said Oncor Electric Delivery Co. LLC, of which it owns an 80% stake, will buy InfraREIT in a deal valued at $1.28 billion. Under terms of the deal, Oncor will pay $21 a share for InfraREIT, a real estate investment trust that owns and leases rate-regulated assets, a 1.8% premium to Wednesday's closing price of $20.63. As part of the deal, a subsidiary of InfraREIT will exchange certain assets with Sharyland Utilities LP. After the deal closes, Oncor will own InfraREIT's electric transmission and distribution business in Central, North and West Texas and Sharyland will own assets in South Texas. Sempra Energy will acquire a 50% limited-partnership interest in Sharyland for $98 million. Sempra Energy affirmed its 2018 adjusted earnings per share guidance range of $5.30 to $5.80. Sempra Energy's stock has edged up 0.9% over the past three months, while InfraREIT shares have lost 4.0% and the S&P 500 has slipped 0.2%.

  • PR Newswire4 days ago

    Oncor To Acquire InfraREIT; Sempra Energy To Acquire 50% Stake In Sharyland Utilities

    SAN DIEGO, Oct. 18, 2018 /PRNewswire/ -- Sempra Energy (SRE) and Oncor Electric Delivery Company LLC (Oncor) today announced that they have entered into agreements whereby Oncor will acquire 100 percent of the equity interests of InfraREIT, Inc. (HIFR) (InfraREIT), including all the limited-partnership units in its subsidiary InfraREIT Partners, LP, for approximately $1.275 billion, or $21 per share (or partnership unit), excluding certain transaction costs, and, concurrently, Sempra Energy will acquire a 50-percent limited-partnership interest in a holding company that will own Sharyland Utilities, LP (Sharyland) for approximately $98 million. Sempra Energy owns an approximate 80-percent ownership stake in Oncor.

  • GlobeNewswire9 days ago

    Detailed Research: Economic Perspectives on Archer Daniels Midland, Sempra Energy, Nielsen Holdings Plc, ARRIS International plc, Copart, and Microvision — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • PR Newswire10 days ago

    Sempra Energy Appoints Two New Directors

    SAN DIEGO, Oct. 12, 2018 /PRNewswire/ -- Sempra Energy (SRE) today announced that Cynthia L. Walker and Michael N. Mears have been appointed to the company's board of directors. Walker is senior vice president of marketing and midstream operations and development for Occidental Petroleum, where she also formerly served as executive vice president and chief financial officer. Mears currently is chairman, president and CEO of Magellan Midstream Partners LP.

  • PG&E Stock: Analysts’ Recommendations
    Market Realist10 days ago

    PG&E Stock: Analysts’ Recommendations

    PG&E (PCG) stock has an upside potential of 8.3% for the next 12 months based on analysts’ median target price of $52.57 and its current market price of $48.55.

  • What PG&E’s Implied Volatility Trends Indicate
    Market Realist11 days ago

    What PG&E’s Implied Volatility Trends Indicate

    Recently, PG&E (PCG) witnessed one of the highest implied volatility levels among its peers. On October 9, PG&E’s implied volatility was 36%—higher than its 15-day average. In comparison, broader utilities’ (XLU) implied volatility was ~13%. The implied volatility represents investors’ anxiety. Higher volatility is usually related to a fall in the stock prices and vice versa.

  • PG&E Stock: Is the Valuation Attractive?
    Market Realist11 days ago

    PG&E Stock: Is the Valuation Attractive?

    PG&E (PCG) is trading at a forward PE ratio of 12x—based on the estimated EPS in 2019. PG&E’s ratio is lower than its peers’ average forward PE ratio of 14x. Also, PG&E’s five-year historical PE ratio is ~20x.

  • Will PG&E Continue to Trade Strong after the Cascade Fire?
    Market Realist11 days ago

    Will PG&E Continue to Trade Strong after the Cascade Fire?

    On October 9, fire investigator Cal Fire said that PG&E’s (PCG) sagging power lines and heavy winds started the Cascade fire in October 2017. However, Cal Fire mentioned that it didn’t find any violations of the Public Resources Code. The Cascade fire in Yuba County destroyed 264 structures and claimed four lives. Cal Fire already said that PG&E was responsible for 16 other fires in 2017. The cause of the Tubbs fire, the most devastating fire, is still under investigation.

  • PR Newswire13 days ago

    Sempra Energy's IEnova Unit To Report Third-Quarter 2018 Earnings Oct. 24

    SAN DIEGO , Oct. 8, 2018 /PRNewswire/ --  Sempra Energy's (NYSE:SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its third-quarter 2018 ...

  • Moody's13 days ago

    MRP Generation Holdings, LLC -- Moody's downgrades MRP Generation's senior secured term loan B3 from B2; outlook is negative

    Moody's Investors Service has downgraded the rating on MRP Generation Holdings, LLC's (MRP or Project) $270 million senior secured term loan B (approximately $265 million outstanding as of June 30, 2018) due in 2022 to B3 from B2, and also downgraded the rating on MRP's senior $20 million revolving credit facility due in 2021 to B2 from B1. Today's rating action reflects weaker than expected financial performance resulting in the Project drawing on its debt service reserve (DSR) to cover debt service, and heightened refinancing risk as the Project has not de-levered other than the required 1% debt amortization.

  • On Energy Efficiency Day, SoCalGas Shares Ways to Save Money and Energy
    PR Newswire16 days ago

    On Energy Efficiency Day, SoCalGas Shares Ways to Save Money and Energy

    LOS ANGELES, Oct. 5, 2018 /PRNewswire/ -- In recognition of the third annual Energy Efficiency Day, Southern California Gas Co. (SoCalGas) today issued a reminder about smart thermostat and appliance rebates that give customers cash back while helping keep natural gas bills low. SoCalGas is among a growing network of advocates, companies, government agencies, utilities and others that will showcase the benefits of energy efficiency during the nationwide Energy Efficiency Day. SoCalGas also offered its customers tips about how to save energy and money during the upcoming home heating season.

  • U.S. Natural Gas Exports More Than Double: 4 Stocks in Focus
    Zacks16 days ago

    U.S. Natural Gas Exports More Than Double: 4 Stocks in Focus

    EIA expects exports of both pipeline and liquefied natural gas from the United States to continue to increase. Therefore, the time is ripe to focus on U.S. stocks, which should benefit from growing exports of natural gas

  • Energy Leaders Outline Role of Renewable Natural Gas in Helping California Meet Renewable Energy and Clean Air Goals at "Power of Waste" Conference
    PR Newswire19 days ago

    Energy Leaders Outline Role of Renewable Natural Gas in Helping California Meet Renewable Energy and Clean Air Goals at "Power of Waste" Conference

    Third annual conference, sponsored by SoCalGas, PG&E and Energy Vision, forecasts growth of biogas development in state LOS ANGELES , Oct. 2, 2018 /PRNewswire/ -- California's energy and biogas industry ...

  • Reuters19 days ago

    TABLE-LNG export terminal projects to be approved 2018-2019

    The launch of a massive liquefied natural gas export project in Canada has finally fired the starting gun on a wave of plan approvals around the world, needed to avoid a supply crunch after 2020. Below ...

  • TheStreet.com19 days ago

    Energy Companies to Watch as We Say Adios NAFTA, Bonjour USMCA

    After last-minute negotiations over the weekend, Canada was able to join an agreement with the United States and Mexico to form the United States-Mexico-Canada Agreement (USMCA). One of the key weights for the Trump administration closing the final trade negotiations with Canada was the firm opposition of Mexico's incoming president, Andres Manuel Lopez Obrador , to NAFTA becoming only a two-nation trade deal due to the strong footprint that U.S. and Canadian companies have in the Mexican energy sector (upstream, midstream and power). Lopez Obrador had insisted on the trade agreement being a three-way deal and Mexico is sticking to its already-negotiated side of the agreement.

  • SoCalGas Joins Coalition for Clean Air to Announce Plans for California Clean Air Day on October 3
    PR Newswire24 days ago

    SoCalGas Joins Coalition for Clean Air to Announce Plans for California Clean Air Day on October 3

    LOS ANGELES, Sept. 27, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today joined the Coalition for Clean Air (CCA), local elected officials, industry representatives, businesses, and community leaders at Union Station in Downtown Los Angeles to announce plans for California Clean Air Day, a multifaceted, statewide program built on the idea that shared experiences unite people to action to improve community health, taking place on Oct. 3, 2018. In celebration of Clean Air Day, SoCalGas has pledged to reduce its yearly use of air conditioning at each of the company's 60 work locations on an ongoing basis, starting on Oct. 3, 2018. In addition, more than 125 SoCalGas employees, so far, have taken the Clean Air Pledge, which includes actions like reducing car use by telecommuting, taking mass transit to work, biking, turning off lights, changing the filter in their car or home heater, planting trees, and encouraging friends and family members to take the pledge.

  • How Wall Street Views California Utility Stocks
    Market Realist24 days ago

    How Wall Street Views California Utility Stocks

    Sempra Energy (SRE) has a median target price of $124.60 compared to its current market price of $115.21, which indicates an upside potential of ~8% for the next 12 months. Morgan Stanley cut Sempra Energy’s target price from $121.0 to $120.0 last week.

  • Duke Energy mulls selling minority stake in commercial renewables portfolio
    American City Business Journals25 days ago

    Duke Energy mulls selling minority stake in commercial renewables portfolio

    Duke Energy Corp. says it is considering taking on a minority investor for its commercial renewables portfolio in a move that would raise capital for its growth plans.