Sempra (SRE)
| Market Cap | 47.57B |
| Revenue (ttm) | 13.80B |
| Net Income (ttm) | 2.86B |
| Shares Out | 632.85M |
| EPS (ttm) | 4.52 |
| PE Ratio | 16.65 |
| Forward PE | 14.98 |
| Dividend | $2.48 (3.30%) |
| Ex-Dividend Date | Jun 27, 2024 |
| Volume | 1,844,576 |
| Open | 75.04 |
| Previous Close | 74.97 |
| Day's Range | 74.90 - 75.44 |
| 52-Week Range | 63.75 - 78.83 |
| Beta | 0.75 |
| Analysts | Strong Buy |
| Price Target | 83.10 (+10.55%) |
| Earnings Date | Aug 1, 2024 |
About SRE
Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County. As of December 31, 2023, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. This segment owns and operates a natural gas distributi... [Read more]
Financial Performance
In 2023, Sempra's revenue was $16.72 billion, an increase of 15.80% compared to the previous year's $14.44 billion. Earnings were $3.03 billion, an increase of 44.70%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for SRE stock is "Strong Buy." The 12-month stock price forecast is $83.1, which is an increase of 10.55% from the latest price.
News
Aramco and Sempra announce Heads of Agreement for equity and offtake from Port Arthur LNG Phase 2
DHAHRAN, Saudi Arabia , June 26, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, and Sempra (NYSE: SRE) (BMV: SRE), one of North America's leading en...
Sempra Foundation to Support New Mexico Communities Impacted by Wildfires
SAN DIEGO , June 21, 2024 /PRNewswire/ -- The Sempra Foundation, founded and solely funded by Sempra (NYSE: SRE) (BMV: SRE), today announced a charitable contribution to the American Red Cross to supp...
Sempra Appoints Jennifer M. Kirk to Board of Directors
SAN DIEGO , June 20, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced the appointment of Jennifer M. Kirk to the company's board of directors effective June 20, 2024.
SoCalGas Advances Towards Zero-Emissions Fleet with Delivery of New Ford Electric Vans
LOS ANGELES , June 13, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) added Ford E-Transit electric vans into its fleet, as part of its ASPIRE 2045 sustainability strategy, working toward...
SoCalGas Volunteers to Help Sort 1.8 Million Pounds of Food to Help Labor Community Services "Stamp Out Hunger"
LOS ANGELES , June 7, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) will help Labor Community Services (LCS) by bringing 100 volunteers to help sort over 1.8 million pounds of food donat...
SoCalGas Declares Preferred Dividends
LOS ANGELES , May 30, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company a...
SoCalGas Receives Organizational Leadership Award from The Climate Registry for its ASPIRE 2045 Sustainability Strategy
The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partner...
Nonprofit Organizations Can Now Apply for Grants of up to $50,000 to Further Climate Solutions through the SoCal Climate Champions Grant Program
SoCalGas will award nonprofit organizations across the utility's service area with grants for projects, programs, and research that encourage and foster clean, safe, and innovative solutions toward a ...
Sempra Declares Common Dividend
SAN DIEGO , May 14, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, whic...
SoCalGas Releases 2023 Corporate Sustainability Report
The report highlights the utility's progress on its ASPIRE 2045 sustainability strategy LOS ANGELES , May 13, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) released its stand-alone...
Sempra Releases Ideas with Energy, 2023 Corporate Sustainability Report
SAN DIEGO , May 9, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today shared its 2023 Corporate Sustainability Report – Ideas with Energy – highlighting how the company's sustainable business pr...
ONCOR REPORTS FIRST QUARTER 2024 RESULTS
DALLAS , May 7, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended March 31, 2024 net income of $225 million compared to reported three months ended M...
Sempra Reports First-Quarter 2024 Results
Reports $3B System Resiliency Plan Filed at Oncor Reaches FID on Cimarr ó n Wind Farm at Sempra Infrastructure SAN DIEGO , May 7, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported firs...
Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - CMS Energy (NYSE:CMS), PPL (NYSE:PPL)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
SoCalGas Earns ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency for the Second Consecutive Year
The award is one of the ENERGY STAR program's highest levels of recognition and reflects the utility's efforts to help its customers save money, conserve energy and transition to a net-zero emissions ...
Sempra Named a Best Employer for Diversity by Forbes
SAN DIEGO , April 25, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot...
ONCOR TO RELEASE FIRST QUARTER 2024 RESULTS MAY 7
DALLAS , April 19, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its first quarter 2024 results on May 7, prior to Sempra's (NYSE: SRE) (BMV: SRE) first quarter 2...
Sempra to Report First-Quarter 2024 Earnings May 7
SAN DIEGO , April 19, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its first-quarter 2024 earnings by 8 a.m. ET on Tuesday, May 7.
SoCalGas Hosts U.S. Department of Energy's Second Annual Minority Business Summit, Emphasizing the Importance of Diverse Spending
700 diverse business leaders from 33 states will have the opportunity to learn about $400 billion in federal procurement opportunities; special guest Daymond John Media assets including videos and pic...
SDG&E RECOGNIZED FOR PUBLIC SAFETY PARTNER PORTAL
Portal provides safety partners with electrical hazard situational awareness and resources to better serve our community during emergency conditions SAN DIEGO , April 10, 2024 /PRNewswire/ -- San Dieg...
Let's Buy These ‘Hated' Dividends Before They Soar In 2024
We've got a great shot at locking in big yields—and big dividend growth—on utility stocks. But we need to buy now, before rates start their (inevitable) decline.
Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields - Sempra (NYSE:SRE), NextEra Energy (NYSE:NEE)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
SoCalGas Joins Lawrence Livermore National Laboratory and Electrochaea to Help Advance Gas Infrastructure Decarbonization
This innovative technology could help revolutionize biomethane production and help decarbonize gas infrastructure by displacing traditional natural gas with carbon-neutral synthetic biomethane. LOS AN...
Sempra Infrastructure Launches Cimarron Wind Project
HOUSTON , March 14, 2024 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today that it reached a positive final investment decision for the development,...
SDG&E'S SUPPLY CHAIN BOOSTS ECONOMY BY $2.6 BILLION IN 2023
Program Expanded Opportunities for Hundreds of Small and Diverse Businesses, Helping to Promote Economic Prosperity SAN DIEGO, March 13, 2024 /PRNewswire/ -- San Diego Gas & Electric's (SDG&E) procure...