Recently, several essential developments occurred within Sempra (NYSE:SRE). Magnetar Financial LLC and the Bessemer Group Inc. bought significant shares of the company. Moreover, CreativeOne Wealth LLC and Avantax Advisory Services Inc. increased their assets in Sempra. Despite losses, the energy company outperformed its competitors during different trading days, and its stock even reached a 52-week high of $79.46.
Notwithstanding its underperformance in Q1 2024's earnings, Sempra was recognised as one of the 'World's Most Admired Companies' by Fortune Magazine and named on the 'JUST 100 List' for America's most just corporations. However, shareholders have experienced a 7.2% loss from investment in the past year.
The company announced EPC contracts with Bechtel for Port Arthur LNG Phase 2 and recently declared a common dividend. Sempra also appointed Jennifer M. Kirk to its board of directors and had strong institutional backing with 89% ownership. Lastly, Sempra is expected to release their Q2 2024 earnings on August 6th.
Sempra SRE News Analytics from Thu, 02 Nov 2023 12:52:17 GMT to Sun, 28 Jul 2024 20:42:54 GMT - Rating 5 - Innovation -3 - Information 7 - Rumor 1