|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||111.27 - 113.14|
|52-week range||100.63 - 122.98|
|PE ratio (TTM)||111.90|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||3.58 (3.19%)|
|1y target est||119.33|
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.
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.
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 ...
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.
Texas regulators that killed two earlier deals for a major piece of the state’s power infrastructure, Oncor, Thursday gave the nod to Sempra Energy’s $9.45 billion deal for a majority stake.
The long-running bankruptcy saga of Energy Future Holdings Corp. is coming to a close now that Texas has approved the sale of the company’s crown jewel.
Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) wildfire fiasco. Among the nine analysts currently tracking Sempra Energy, three rate the stock as a “strong buy” while three rate it as a “buy.” Three analysts recommend it as a “hold,” and none of the analysts rate it as a “sell” as of March 7. According to Wall Street analyst consensus, Sempra Energy stock has a mean price target of $118.6 against its current market price of $109.4, which indicates a possible gain of 8.4% going forward.
In 2017, Sempra Energy (SRE) generated revenues worth $11.21 billion, which surpassed the Zacks Consensus Estimate of $11.09 billion
The San Diego-based company said it had a loss of $1.99 per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to $1.54 per share. The results beat Wall Street expectations. The ...
Energy Future Holdings Corp. won confirmation Monday of a bankruptcy exit plan built around the proposed sale of its electricity-transmission business to Sempra Energy of California for $9.45 billion.
Dominion Energy or Sempra Energy: Which Could Be Stronger? According to Wall Street analysts’ consensus, Dominion Energy (D) has a mean target price of $82.2, which indicates the potential to gain nearly 8% in a year. Goldman Sachs raised Dominion Energy’s target price from $77.0 to $80 on January 11, 2018.