SRE - Sempra Energy

NYSE - NYSE Delayed Price. Currency in USD
131.18
+0.73 (+0.56%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close130.45
Open130.90
Bid127.24 x 800
Ask130.92 x 800
Day's Range130.31 - 131.72
52 Week Range100.49 - 131.77
Volume1,581,151
Avg. Volume1,625,575
Market Cap35.994B
Beta (3Y Monthly)0.38
PE Ratio (TTM)35.32
EPS (TTM)3.71
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & Yield3.87 (3.02%)
Ex-Dividend Date2019-03-21
1y Target Est132.90
Trade prices are not sourced from all markets
  • Reuters3 days ago

    California utility in big 2015 gas leak had failed to probe leaks for decades

    The California utility responsible for a massive, 4-month-long gas leak near Los Angeles in 2015 failed to investigate dozens of leaks over decades at the natural gas storage facility, according to a state report released on Friday. Because Southern California Gas, a unit of Sempra Energy , had failed to investigate and analyze leaks since the 1970s, the consequences of such corrosion were not understood, leading to the 2015 incident, the report found. The report was commissioned by two state regulatory agencies, the California Public Utilities Commission and the Division of Oil, Gas and Geothermal Resources, and conducted by a third party, Blade Energy Partners.

  • Bloomberg3 days ago

    Biggest U.S. Gas Leak Followed Years of Problems, State Says

    The rupture of a 7-inch (18-centimeter) well casing at Sempra Energy’s Aliso Canyon storage complex was due to “microbial corrosion” brought on by contact with groundwater, an independent analysis conducted by Blade Energy Partners and commissioned by two state agencies found. The report also concluded there had been more than 60 leaks in the field dating back to the 1970s, and Sempra didn’t carry out detailed inspections after they occurred, the California Public Utilities Commission and Department of Conservation said in a joint statement. The company’s Southern California Gas lacked “any form of risk assessment” to manage the integrity of its wells and hadn’t established systematic practices to protect against corrosion and monitor well pressure, the agencies said.

  • Top Research Daily Reports for Walmart, American Tower & U.S. Bancorp
    Zacks4 days ago

    Top Research Daily Reports for Walmart, American Tower & U.S. Bancorp

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  • 5 Utility Stocks to Buy for an Extra Durable Portfolio
    InvestorPlace4 days ago

    5 Utility Stocks to Buy for an Extra Durable Portfolio

    [Editor's note: This story was originally published in September 2018. It has since been updated and republished.]Utility stocks were supposed to be yesterday's favorite investment. The theory regarding utility stocks was simple: Robust economic growth coupled with a full labor market was supposed to spark rising inflation. The Fed was supposed to fight rising inflation with rate hikes. Fixed income yields were supposed to rise. Utility stocks, which were long viewed as bond substitutes in an era of ultra-low interest rates, were supposed to fall.But that theory hasn't fully materialized into reality.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe result? Utility stocks haven't lost their shine. With inflation relatively contained and investors ducking into safety, stocks in utilities are still attractive assets to own for yield hunters. That is why the Utilities Select Sector SPDR ETF (NYSEARCA:XLU) finished the past month up 2.3%.compared to the S&P 500's loss of 83 basis points.The markets' recent volatility has contributed to the XLU's gain, as investors flee toward any safe haven. Not to mention, a number of other catalysts are in play. Inflation isn't soaring higher because technology giants are suppressing inflationary pressures (just think about the downward pressure Amazon (NASDAQ:AMZN) is putting on all consumer goods prices). This trend won't reverse any time soon, and thus, inflationary pressures should remain subdued for the foreseeable future. With those forces subdued, utility stocks have room to rally. * Top 7 Dow Jones Stocks of 2019 -- So Far With that said, what are the best utility stocks to buy for your portfolio? Here's a list of five stocks that I think are worth a look: American Electric Power (AEP)Considered one of the industry's heavyweights, American Electric Power (NYSE:AEP) is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Over the past month, AEP stock is up just shy of 3%.The business right now is doing pretty well, as robust economic strength in the company's core markets has boosted the business. Overall, sales and earnings are both trending higher at a healthy rate. Sempra Energy (SRE)Another one of the industry's heavyweights is Sempra Energy (NYSE:SRE), the multi-faceted energy company that provides energy services to more than 40 million customers globally across Southern California, Texas, Chile and Peru. In the past month, SRE stock is up 2.6%.Sempra's business is doing well: Both revenues and earnings are trending higher amid a favorable economic backdrop. Plus, the company is continuing its energy diversification efforts by expanding its liquid natural gas (LNG) business, something which the company feels can help fuel sustainable long-term growth. * 10 Baby Boomer Stocks to Buy The dividend yield on SRE stock sits right around 2.96%. That isn't great, but it's right around where the yield has been over the past several years. Duke Energy (DUK)Next up is electric power and gas utility giant Duke Energy (NYSE:DUK). Much like the other names on this list, Duke's operations are stable and healthy. That said, DUK stock is down 3% over the past month. That's contributed to an increased dividend yield, at 4.3%.Business remains fine, despite DUK's downturn, mostly thanks to favorable weather and strengthening economic conditions. And Duke's revenues and earnings have been trending consistently higher at a slow and stable rate.This level of growth should persist for the next several years as economic conditions remain solid. American Water Works Company (AWK)Although electricity and power are very important utilities, another utility of equal importance is water, and that is where American Water Works Company (NYSE:AWK) comes into the picture.American Water provides waters services to 15 million people across 46 states and Canada. That makes American Water the largest and most diverse publicly traded water company. Moreover, American Water is planning on spending a whole bunch of money over the next several years to modernize water distribution infrastructure, an investment that will likely lead to rate hike approvals and robust long-term earnings growth. * 7 Stocks to Buy that Lost 10% Last Week AWK stock has a dividend yield of 1.8%. That isn't great. But, what the company lacks in dividend yield, it makes up for in earnings growth, which should be able to run around 10%-per-year for the next several years. That combination of healthy earnings growth and stable yield should make AWK stock a winning investment. NextEra Energy (NEE)Perhaps the utility stock with the most long-term earnings-growth potential on this list is NextEra Energy (NYSE:NEE). That is because not only does NextEra operate a massive utility business like the other utility players on this list, but the company is also a leading player in renewable energy and battery storage.Over the past decade, this company has grown earnings and dividends at an 8%-per-year clip, and that robust growth should continue so long as the company's renewable business continues to scale.The one thing to be worried about when it comes to NEE stock is that the dividend yield is at 2.52%, which is a five-year low. But, earnings growth is robust, and it is large enough to compensate for a historically low dividend yield.As of this writing, Luke Lango was long AMZN and AWK. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 5 Utility Stocks to Buy for an Extra Durable Portfolio appeared first on InvestorPlace.

  • 7 Stocks to Weather the New Wave of Market Turmoil
    Investopedia4 days ago

    7 Stocks to Weather the New Wave of Market Turmoil

    These stocks historically have below-average price volatility, while also offering above-average earnings and dividend growth.

  • PR Newswire5 days ago

    Oncor Completes InfraREIT Acquisition

    DALLAS and SAN DIEGO, May 16, 2019 /PRNewswire/ -- Today, Oncor Electric Delivery Company LLC (Oncor), Sempra Energy (SRE), and InfraREIT, Inc. (InfraREIT) announced that Oncor's acquisition of InfraREIT, and Sempra Energy's acquisition of a 50% limited-partnership interest in Sharyland Utilities, LLC (Sharyland) have now closed. As a result of the acquisition, InfraREIT merged with and into a wholly owned subsidiary of Oncor and ceased to exist.

  • SoCalGas Granted Approval from California Public Utilities Commission to Move Forward with Dairy Biomethane Projects
    PR Newswire5 days ago

    SoCalGas Granted Approval from California Public Utilities Commission to Move Forward with Dairy Biomethane Projects

    LOS ANGELES, May 16, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the utility received approval from the California Public Utilities Commission (CPUC) to begin the next phase in construction of four new dairy biomethane projects in California.  Last week, the CPUC approved the contracts signed between SoCalGas and the developers of the four projects for the construction of infrastructure that will connect each biomethane facility to the SoCalGas pipeline system. This approval now allows SoCalGas to move forward, starting with the design and engineering phase.

  • Trump pushes 'America First energy policy' on Louisiana trip
    Associated Press6 days ago

    Trump pushes 'America First energy policy' on Louisiana trip

    HACKBERRY, La. (AP) — President Donald Trump showcased his "America First energy policy" on Tuesday during a trip to Louisiana designed to highlight his administration's efforts to increase liquefied natural gas exports and boost the country's energy infrastructure.

  • PR Newswire7 days ago

    Sempra Energy Celebrates Operational Milestones At Cameron LNG

    SAN DIEGO, May 14, 2019 /PRNewswire/ -- Sempra Energy (SRE) today celebrated the completion of construction of Train 1 of the Cameron LNG export project in Hackberry, La., with a group of international, federal, state and local officials, including the U.S. president and members of the U.S. administration. The celebratory visit coincided with today's announcement that Cameron LNG is producing liquefied natural gas (LNG) from the first liquefaction train of the three-train facility, a major commissioning milestone.

  • Trump Today: President downplays trade rift with China as a ‘squabble’ as he mulls additional tariffs
    MarketWatch7 days ago

    Trump Today: President downplays trade rift with China as a ‘squabble’ as he mulls additional tariffs

    President Donald Trump on Tuesday said the U.S. and China were having a “little squabble” on trade, talking up his relationship with President Xi Jinping even as he said he was looking at more tariffs.

  • PR Newswire7 days ago

    Cameron LNG Begins Production At Train 1 Of Liquefaction-Export Facility

    "Reaching this important milestone of first LNG production is truly a credit to the team at Cameron LNG and the work they've done to reach this point," said Lisa Glatch, chief operating officer of Sempra LNG and board chair for Cameron LNG. Cameron LNG completed all major construction activities for Train 1 of the liquefaction-export project and began the commissioning and start-up process in November 2018.

  • MoneyShow7 days ago

    Will Buffett Buy a Utility

    I've personally owned Berkshire Hathaway (BRK.B) long enough to build up unrealized gains five times my initial investment. That hardly makes me unique, observes Roger Conrad, income specialist and editor of Conrad's Utility Investor.

  • Barrons.com8 days ago

    7 Dividend Stocks for Volatile Times Ahead

    Lower interest rates, slowing profit growth, and market uncertainty make these income plays more appealing

  • PR Newswire8 days ago

    Sempra Energy Names George W. Bilicic Group President

    SAN DIEGO, May 13, 2019 /PRNewswire/ -- Sempra Energy (SRE) today announced that George W. Bilicic has been named group president for Sempra Energy, effective upon completion of his service at Lazard later this year. Bilicic will lead the company's strategy, corporate development, and legal activities, reporting to Jeffrey W. Martin, chairman and CEO of Sempra Energy. Bilicic is currently a vice chairman of investment banking with Lazard Ltd, a New York-based investment banking firm.

  • PR Newswire12 days ago

    Public Utility Commission Of Texas Approves Oncor's Acquisition Of InfraREIT

    DALLAS and SAN DIEGO, May 9, 2019 /PRNewswire/ -- Today, Oncor Electric Delivery Company LLC (Oncor) and Sempra Energy (SRE) announced that they have received approval from the Public Utility Commission of Texas (PUCT) for Oncor's acquisition of InfraREIT, Inc. (HIFR) (InfraREIT), and, concurrently, Sempra Energy's acquisition of a 50% limited-partnership interest in a holding company that will own Sharyland Utilities, LP (Sharyland). PUCT approval was the final regulatory approval needed to complete the transactions.

  • MarketWatch13 days ago

    Utilities sector the only 1 of 11 S&P 500 sectors to lose ground as Treasury yields bounce

    Shares of utility companies were broadly lower Wednesday, with the sector the only one of the S&P 500's 11 sectors to lose ground, weighed down by a big bounce in Treasury yields. The SPDR Utilities Select Sector ETF shed 1.0% in afternoon trade, with 27 of 28 equity components losing ground. The biggest decliner was NRG Energy Inc.'s stock which slumped 5.1%. Among other more active utilities ETF components, shares of AES Corp. lost 2.3%, Excelon Corp. gave up 0.9% and Southern Co. shed 0.6%. The lone gainer was Sempra Energy's stock which tacked on 0.6%. Meanwhile, the yield on the 10-year Treasury note rose 3.6 basis points to 2.484%, after falling 10.4 basis points the previous three sessions, as a bounce in the stock market helped calm risk-off trades. Utilities stocks tend to have relatively high dividend yields, so a rise in yields on low-risk Treasurys make them less attractive. The utilities ETF's dividend yield is 3.15%, compared with the implied yield for the S&P 500 of 1.99%, according to FactSet.

  • Reuters13 days ago

    SoCalGas raises estimated cost of Aliso Canyon natgas leak to $1.07 bln

    Southern California Gas Co raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. SoCalGas, a unit of California energy company Sempra Energy , warned the "estimate may rise significantly" because of pending lawsuits, possible fines and other costs. SoCalGas said the company still faces 394 lawsuits, including 48,500 plaintiffs.

  • Thomson Reuters StreetEvents13 days ago

    Edited Transcript of SRE earnings conference call or presentation 7-May-19 4:00pm GMT

    Q1 2019 Sempra Energy Earnings Call

  • Sempra Energy (SRE) Q1 2019 Earnings Call Transcript
    Motley Fool13 days ago

    Sempra Energy (SRE) Q1 2019 Earnings Call Transcript

    SRE earnings call for the period ending March 31, 2019.

  • Moody's14 days ago

    Infraestructura Energetica Nova S.A.B de C.V. -- Moody's announces completion of a periodic review of ratings of Infraestructura Energética Nova S.A.B de C.V.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Infraestructura Energética Nova S.A.B de C.V. New York, May 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Infraestructura Energética Nova S.A.B de C.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • CEO: Surprises haven’t scared McDermott away from LNG
    American City Business Journals14 days ago

    CEO: Surprises haven’t scared McDermott away from LNG

    “We’ve still got a bit of work to go,” CEO David Dickson said on the sidelines of the Offshore Technology Conference in Houston. “But generally things are getting very much under control.”

  • Sempra Energy (SRE) Q1 Earnings Beat, Revenues Improve Y/Y
    Zacks14 days ago

    Sempra Energy (SRE) Q1 Earnings Beat, Revenues Improve Y/Y

    Sempra Energy's (SRE) first-quarter 2019 revenues lag the consensus estimate but improve year over year.

  • Sempra (SRE) Q1 Earnings Beat Estimates
    Zacks14 days ago

    Sempra (SRE) Q1 Earnings Beat Estimates

    Sempra (SRE) delivered earnings and revenue surprises of 13.61% and -7.11%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Sempra Energy.

    Sempra Energy NYSE:SREView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for SRE with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 22. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $4.34 billion over the last one-month into ETFs that hold SRE are among the lowest of the last year and 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 of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.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.

  • Associated Press14 days ago

    Sempra: 1Q Earnings Snapshot

    The San Diego-based company said it had profit of $1.59 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $1.92 per share. The results exceeded Wall Street ...