Sempra Energy (SRE)

NYSE: SRE · IEX Real-Time Price · USD
156.98
+2.83 (1.84%)
Sep 28, 2022 4:05 PM EDT - Market closed
1.84%
Market Cap 49.34B
Revenue (ttm) 14.22B
Net Income (ttm) 1.13B
Shares Out 314.31M
EPS (ttm) 3.47
PE Ratio 45.24
Forward PE 17.48
Dividend $4.54 (2.89%)
Ex-Dividend Date Sep 22, 2022
Volume 1,043,943
Open 158.54
Previous Close 154.15
Day's Range 154.37 - 157.79
52-Week Range 119.56 - 176.47
Beta 0.67
Analysts Buy
Price Target 178.98 (+14.0%)
Earnings Date Nov 3, 2022

About SRE

Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximatel... [Read more...]

Industry Multi-Utilities
Founded 1998
CEO J. Bret Lane
Employees 15,390
Stock Exchange NYSE
Ticker Symbol SRE
Full Company Profile

Financial Performance

In 2021, Sempra Energy's revenue was $12.86 billion, an increase of 13.08% compared to the previous year's $11.37 billion. Earnings were $1.32 billion, a decrease of -66.49%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for SRE stock is "Buy." The 12-month stock price forecast is 178.98, which is an increase of 14.01% from the latest price.

Price Target
$178.98
(14.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SDG&E Shares Latest Wildfire Safety Advancements & Public Safety Power Shutoff Tips

SAN DIEGO--(BUSINESS WIRE)--San Diego Gas & Electric (SDG&E) is unveiling its latest wildfire mitigation and resiliency advancements while urging its customers to prepare for possible wildfires and Publ...

10 hours ago - Business Wire

SoCalGas Successfully Tests Microgrid Demonstration Project in Downey

[H2] Innovation Experience Microgrid Produces and Uses Renewable Hydrogen for the First Time at Demonstration Project in Downey LOS ANGELES , Sept. 26, 2022 /PRNewswire/ -- Southern California Gas Co. (...

2 days ago - PRNewsWire

4 Gas Distribution Stocks to Watch in a Promising Industry

The near-term prospects of the Zacks Gas Distribution industry look promising. The ongoing improvement in production and demand for natural gas will drive the performance of SRE, ATO, NFG and NJR.

Other symbols: ATONFGNJR
5 days ago - Zacks Investment Research

Newly Approved Legislation Aims to Prevent Power Outages and Fires by Phasing in Non-Conductive Foil Balloon Material

SAN DIEGO--(BUSINESS WIRE)-- #balloons--Each year, electrically-conductive foil balloons – popular for celebrating birthdays, graduations and other special occasions – cause thousands of power outages a...

1 week ago - Business Wire

Why Sempra (SRE) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sempra (SRE) have what it takes?

1 week ago - Zacks Investment Research

SoCalGas and Landi Renzo USA Convert 200 Additional Field Service Trucks to Run on Renewable Natural Gas

Approximately 44% of the utility's fleet will run on clean fuels LOS ANGELES , Sept. 13, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced an additional multi-million-dollar co...

2 weeks ago - PRNewsWire

Sempra (SRE) Seeks CPUC Permission for Hydrogen Pilot Project

Sempra Energy's (SRE) subsidiary, SDG&E, files a proposal with the CPUC for a Hydrogen Pilot demonstration project to promote hydrogen blending with natural gas in California.

2 weeks ago - Zacks Investment Research

Utility concerns mount as 20 million Americans fall behind on payments

Sophie Karp, senior analyst covering electric utilities, power, and renewable energy for KeyBanc Capital Markets, joins 'Power Lunch' to analyze utility vulnerability risks, identifying the states under...

Other symbols: XELXLU
2 weeks ago - CNBC Television

SDG&E Hydrogen Pilot Project Aims to Advance CA's Clean Energy Goals

SAN DIEGO--(BUSINESS WIRE)--As another step toward fulfilling regional and state climate goals and its own net zero roadmap, San Diego Gas & Electric Company (SDG&E) submitted a proposal with the Califo...

2 weeks ago - Business Wire

SoCalGas and the University of California, Irvine Announce Hydrogen Blending Project to Promote Clean Energy and Resi...

Project would build upon prior research to blend electrolytic hydrogen into existing pipelines LOS ANGELES , Sept. 9, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the University of Ca...

2 weeks ago - PRNewsWire

The 7 Best Utility Stocks to Buy Now

Especially during these difficult circumstances, investors seeking shelter and reliable growth opportunities should consider the best utility stocks to buy. Fundamentally, power distribution features no...

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2 weeks ago - InvestorPlace

Sempra Declares Common and Preferred Dividends

SAN DIEGO , Sept. 7, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $1.145 per share quarterly dividend on the company's common stock, whic...

3 weeks ago - PRNewsWire

Reasons to Add Sempra Energy (SRE) Stock to Your Portfolio Now

Sempra Energy (SRE) is a strong case for investment, given the positive estimates movement, systematic investments for infrastructure development and strengthening its position in the global LNG market.

3 weeks ago - Zacks Investment Research

SoCalGas Partners with West Basin Municipal Water District to Offer New No-Cost Energy and Water Conservation Upgrades

Residents in disproportionately affected neighborhoods within Los Angeles County eligible for cost-saving upgrades LOS ANGELES , Sept. 1, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) toda...

3 weeks ago - PRNewsWire

Sempra (SRE) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sempra (SRE) have what it takes?

3 weeks ago - Zacks Investment Research

Jim Cramer says he likes these 5 liquified natural gas stocks for the long haul

Jim Cramer highlights 5 liquified natural gas companies that he believes could be worthwhile long-term investments.

Other symbols: EEENBLNGTELL
4 weeks ago - CNBC

Sempra (SRE) Starts Advanced H2 Generation Project Construction

Sempra (SRE) has begun construction of a first-of-its-kind advanced hydrogen generation project, in collaboration with STARS Technology Corporation and SunLine Transit Agency, in California

1 month ago - Zacks Investment Research

SoCalGas to Award Local Cities with $150,000 in Funds toward Climate Adaptation and Resiliency Planning

Three local municipalities will receive $50,000 to help lower and reduce climate-change impact LOS ANGELES, Aug. 22, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the appli...

1 month ago - PRNewsWire

SoCalGas Breaks Ground on First-of-its-Kind Technology to Produce Clean Hydrogen for SunLine Transit Agency's Hydroge...

The demonstration research project will produce hydrogen from renewable natural gas for fuel cell buses to help reduce greenhouse gas emissions LOS ANGELES , Aug. 19, 2022 /PRNewswire/ -- Southern Calif...

1 month ago - PRNewsWire

Jim Cramer explains why he likes Sempra

'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss shares of energy company Sempra, Tellurian, Apple, and more following the opening bell on Wednesday.

1 month ago - CNBC Television

Sempra Foundation and GRID Alternatives Advance Energy Access for Orphans and Migrant Youth in Mexico

SAN DIEGO , Aug. 16, 2022 /PRNewswire/ -- Sempra Foundation, founded by Sempra (NYSE: SRE) (BMV: SRE), and GRID Alternatives announced the completion of multiple solar energy installations designed to h...

1 month ago - PRNewsWire

This is Why Sempra (SRE) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Sempra (SRE) have what it takes?

1 month ago - Zacks Investment Research

Sempra (SRE) Arm Teams Up With Ford to Develop Electric Truck

Sempra's (SRE) business subsidiary, SoCalGas, has collaborated with Ford on a demonstration project that involves the development of a F-550 Super Duty Hydrogen Fuel Cell Electric Truck.

1 month ago - Zacks Investment Research

SoCalGas Joins Ford to Reduce Emissions with Cutting Edge F-550 Super Duty Hydrogen Fuel Cell Electric Truck

The utility is working to replace 50% of its over-the-road fleet with clean fuels by 2025 and operate 100% zero-emissions fleet by 2035 LOS ANGELES , Aug. 15, 2022 /PRNewswire/ -- Southern California Ga...

1 month ago - PRNewsWire

7 Blue-Chip Stocks to Buy for Long-Term Safety

Emblematic of the vagaries of the new normal, July's outstanding jobs report may be a net positive. The report, however, also undergirds the main reason why you should consider buying safe blue-chip sto...

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1 month ago - InvestorPlace