Sempra's stock performance has been a topic of discussion compared to other utilities. Oregon Public Employees Retirement Fund increased their holdings by acquiring 18,359 shares while KLP Kapitalforvaltning AS and Hennessy Advisors Inc. reduced their stakes. The company encountered some regulatory charges amounting to US$471 Million which resulted in a 2.9% drop since the last earnings report but is anticipated to rebound. Sempra announced strategic transactions in view to building a leading U.S utility growth business. The company also extended its partnership with ConocoPhillips and declared common dividend. Sempra Energy's officer and an insider sold common stocks amounting to US$4.69 million. Sempra had strong Q3 results beating estimates, thus topping quarterly profit estimates. The company was expected to beat earnings estimates. Sempra and EQT announced a long-term LNG supply agreement from Port Arthur LNG Phase 2. However, Q3 earnings showed a margin decline raising questions on premium valuation and slower growth prospects. Sempra sold a $10 Billion stake in a unit for expansion project. Sempra was recognized amongst 'America's Best Employers for Company Culture' by Forbes. Evercore ISI and Goldman Sachs issued Outperform and Buy rating respectively on Sempra's stock.
Sempra SRE News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 10 Jan 2026 18:27:13 GMT -
Rating 0
- Innovation 0
- Information 5
- Rumor -6
