Sempra Energy (NYSE:SRE) has seen significant activity in terms of share sales and acquisitions. For instance, Kevin C. Sagara sold 28,864 shares, yet companies like
Miller Howard Investments Inc.,
Swedbank AB, and
Voya Investment Management have purchased thousands of shares. Definitions of common and preferred dividends have also been announced. There has been a positive investment return with those invested five years ago being up 63%.
Morgan Stanley maintained a Buy rating with an $86 target price.
Zacks highlighted SRE in their industry outlook. There have been developments regarding
offtake agreements with the likes of
ConocoPhillips and
EQT. However, the company has faced operational and regulatory challenges. Its strategy consists of creating shareholder value and mission-driven decisions. Q2 Earnings exceeded estimates and key developments have taken place regarding their
2025 Wildfire Legislation. Yet, despite expected financial growth, the stock has been reported as underperforming the utility sector. Lastly, despite a lowered profit forecast due to high costs, the company maintains a strong growth outlook.
Sempra SRE News Analytics from Wed, 11 Dec 2024 08:00:00 GMT to Sat, 20 Sep 2025 18:00:38 GMT -
Rating 3
- Innovation -2
- Information 7
- Rumor -5
