Vestcor Inc has reduced its stake in Sempra Energy, which analysts expect could beat earnings estimates. Sempra announced 1.5-mtpa LNG deal with Jera and will report their Q2 2025 earnings on August 7th, whilst also having a sale and purchase agreement with JERA for U.S. LNG from Port Arthur LNG Phase 2. Investment action from various companies sees
Castellan Group investing $2.66 Million,
Cetera Investment Advisers acquiring 45,076 shares, and
HB Wealth Management trimming its position. Other financial movements included
Pacer Advisors selling 40,000 shares and
Carrera Capital Advisors' stock holdings being valued at $3.57 Million. Forecasts suggest Sempra's profits may dip due to high costs, with a PT set at $80.75. However, Sempra experienced Q1 earnings growth, celebrate significant developments with Q4 2024 earnings call highlights, and named amongst Newsweek's 'Most Responsible Companies'. Leadership changes have been made within key positions at Sempra. An MoU is anticipated to be signed by Aramco with Sempra for 6.2 million tons of LNG.
Sempra SRE News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 02 Aug 2025 10:41:30 GMT -
Rating -3
- Innovation 2
- Information 6
- Rumor -6
