Sempra (SRE) has been consistently creating buzz in the markets. The energy services holding company has been persistently declaring common and preferred
dividends, establishing trust amongst its shareholders. Despite seeing some Friday underperformance compared to its competitors, the stock reached a 52-week high at $83.81. Its first quarter 2024 results were announced in an earnings call and latest reports suggest revenues were seen to decline. Interestingly, Sempra's stocks were bought by many asset management firms including Hohimer Wealth Management, Legacy Capital Wealth Partners, and Natixis Advisors.
Sempra's corporate sustainability demonstrates a commitment to ethics and environmental responsibility, evidenced by its inclusion in the FTSE4Good Index Series for Sustainable Business Practices. Despite fluctuations, Sempra's shareholders have seen an 11% CAGR over the last three years. Recent activities include the appointments to its Board of Directors and an EPC contract with Bechtel for Port Arthur LNG Phase 2. Sempra's strong institutional backing, largely being the Aramco and Bechtel agreements, signifies potential growth, despite investor concerns about short-term growth.
Sempra SRE News Analytics from Thu, 02 Nov 2023 12:52:17 GMT to Sun, 08 Sep 2024 11:00:48 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -6
