108.97 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||40.44 x 300|
|Ask||118.99 x 300|
|Day's Range||108.72 - 111.82|
|52 Week Range||100.63 - 122.98|
|PE Ratio (TTM)||107.89|
|Earnings Date||May 7, 2018 - May 11, 2018|
|Forward Dividend & Yield||3.58 (3.24%)|
|1y Target Est||119.10|
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 30. Over the last one-month, outflows of investor capital in ETFs holding SRE totaled $4.04 billion.
LONDON, UK / ACCESSWIRE / March 21, 2018 / Active-Investors has a free review on Sempra Energy (NYSE: SRE ) following the Company's announcement that it will begin trading ex-dividend on March 22, 2018. ...
Moody's Investors Service, ("Moody's") assigned a Prime-2 short-term rating to Oncor Electric Delivery Company LLC's (Oncor, A2 senior secured stable) $2 billion commercial paper program. Issuances ...
According to the Wall Street analyst consensus, Sempra Energy (SRE) stock has a mean price target of $119.3 against its current market price of $112.9, which suggests an estimated upside of nearly 6% for the next 12 months. Among the total nine analysts covering Sempra, three analysts rate the stock as a “strong buy,” and three rate it as a “buy.” Three analysts recommend it as a “hold,” while none of them recommend it as a “sell” as of March 15, 2018. It has a mean price target of $48.9 against its current market price of $44.2.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 30. There is no PMI sector data available for this security.
US utilities have witnessed severe headwinds in revenue growth due to increasing energy efficiency programs. California is the front-runner in the country in energy efficiency initiatives. The state aims to double its energy efficiency programs by 2030, which will likely dent utilities’ traditional electric operations.
California wildfires in 4Q17 changed the landscape for utilities in the state. The rage burned Edison International (EIX), the smallest of the three main utilities in California, as well. California’s current law considers a utility at fault even if it complies with all the safety norms, and the utility is liable to pay for damages. According to industry experts, the liability damages might be large enough to end up bankrupting these utilities.
In a near-abandoned 41st floor of Energy Plaza in downtown Dallas, Energy Future Holdings General Counsel Andy Wright dialed into a conference call March 9 at 7:01 a.m. Two-dozen lawyers and corporate executives were on the line. “All closing conditions have been met,” said David Moore, an associate for Kirkland & Ellis in Houston, who represents EFH in its historic $42 billion bankruptcy and sale of its 80 percent ownership of Oncor Electric to Sempra for $18.8 billion. At 9:17 a.m., Sempra Energy completed a wire transfer for $3,179,460,638.93.
Dallas-based Energy Future Holdings, which only two years ago was the largest power company in Texas with 8,900 employees, now ceases to exist.
LOS ANGELES, March 14, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced a gift of $100,000 to the College of Engineering, Computer Science, and Technology (ECST) at California State University, Los Angeles (Cal State LA) to support research and undergraduate education in combustion engineering. The funds will be used to purchase laboratory equipment for research designed to advance energy efficiency in new gas products and reduce greenhouse gas emissions.
Per the terms of the agreement, Sempra Energy (SRE) will support Oncor's plan to invest $7.5 billion of capital over a five-year period.
Sempra Energy said Monday that its president and chief executive is retiring in May and that it is expanding its board to 14 directors from 13.
Moody's Investors Service, ("Moody's") upgraded Oncor Electric Delivery Company LLC's (Oncor) senior secured rating to A2 from A3. Moody's also revised the rating outlook to stable from positive. ...
Sempra Energy said Monday Chief Executive Debra Reed will step down as CEO on May 1, but will remain as executive chairman until she retires on Dec. 1, 2018 after over 40 years with the company. The San ...
SAN DIEGO, March 12, 2018 /PRNewswire/ -- After a 40-year career, Debra L. Reed, chairman, president and CEO of Sempra Energy (SRE), has announced she plans to retire Dec. 1, 2018, and step down as CEO and president May 1. The company's board of directors has elected Jeffrey W. Martin, currently executive vice president and chief financial officer of Sempra Energy, to succeed Reed as CEO. Martin also has been appointed as a new member of Sempra Energy's board, effective May 1.
SAN DIEGO and DALLAS, March 9, 2018 /PRNewswire/ -- Sempra Energy (SRE) today completed its $9.45 billion acquisition of Energy Future Holdings Corp. (EFH), including EFH's approximate 80-percent indirect ownership interest in Oncor Electric Delivery Company LLC (Oncor). The close of the transaction creates a utility holding company with the largest U.S. customer base. "The completion of this acquisition – the biggest in our 20-year history – represents an important milestone in the execution of our growth strategy moving forward," said Debra L. Reed, chairman, president and CEO of Sempra Energy.
Texas Commission's sanction is a significant milestone achieved by Sempra (SRE) as it will facilitate the completion of the pending Energy Future Holdings buyout, the parent company of Oncor.