Sempra
SRE
Market cap $58.4B

92.19 USD

+1.75

1.93%

At close Nov 15, 4:00 PM EST

After hours

92.19

+0.00

0.00%

1 day

1.93%

5 days

1.84%

1 month

9.71%

3 months

15.70%

6 months

18.15%

Year to date

21.59%

1 year

28.08%

5 years

26.17%

10 years

67.65%

About: Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.

Employees: 16,835

Utilities Gas & Other Services Combined

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

62% more call options, than puts

Call options by funds: $61M | Put options by funds: $37.7M

41% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 100

31% more repeat investments, than reductions

Existing positions increased: 416 | Existing positions reduced: 318

4% more funds holding

Funds holding: 1,017 [Q2] → 1,058 (+41) [Q3]

3% more capital invested

Capital invested by funds: $45.3B [Q2] → $46.7B (+$1.48B) [Q3]

5.75% less ownership

Funds ownership: 94.07% [Q2] → 88.31% (-5.75%) [Q3]

23% less funds holding in top 10

Funds holding in top 10: 13 [Q2] → 10 (-3) [Q3]

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$80

13%

downside

Avg. target

$91

1%

downside

High target

$98

6%

upside

9 analyst ratings

7 positive

78%

2 neutral

22%

0 negative

0%

Wells Fargo Sarah Akers 93% 1-year accuracy 13 / 14 met price target	4%upside $96	Overweight Maintained	7 Nov 2024
Evercore ISI Group Durgesh Chopra 75% 1-year accuracy 15 / 20 met price target	5%downside $88	Outperform Maintained	7 Nov 2024
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 38 / 69 met price target	6%upside $98	Buy Initiated	24 Oct 2024
BMO Capital James Thalacker 74% 1-year accuracy 55 / 74 met price target	4%upside $96	Outperform Maintained	21 Oct 2024
Barclays Eric Beaumont 57% 1-year accuracy 13 / 23 met price target	3%downside $89	Overweight Maintained	1 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about SRE published over the past 30 days

SDG&E Receives Top Honors for Outstanding Reliability in the West & National System Resiliency Award

SAN DIEGO , Nov. 14, 2024 /PRNewswire/ -- San Diego Gas & Electric Company (SDG&E) has once again been honored by PA Consulting for its continued excellence in reliability, marking the 19th consecutive year the company has received the prestigious ReliabilityOne® Award for Outstanding Reliability Performance in the Western Region. This year, SDG&E also received the additional System Resiliency Award, highlighting its commitment to robust grid operations and innovations that can adapt to an evolving climate landscape.

SDG&E Receives Top Honors for Outstanding Reliability in the West & National System Resiliency Award

SoCalGas, GKN Hydrogen and the National Renewable Energy Laboratory Begin Innovative Solid State Hydrogen Storage Demonstration Project

LOS ANGELES , Nov. 14, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and GKN Hydrogen today announced the commissioning of a research demonstration project with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL) on an innovative clean renewable hydrogen storage solution. The project, which will be located at NREL's Flatirons Campus in Arvada, Colo.

SoCalGas, GKN Hydrogen and the National Renewable Energy Laboratory Begin Innovative Solid State Hydrogen Storage Demonstration Project

Sempra Named One of the World's Best Companies by TIME Magazine

SAN DIEGO , Nov. 12, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been recognized by TIME Magazine as one of the World's Best Companies for 2024. The recognition, presented by TIME and Statista Inc., places Sempra on a list of top performing companies across the globe based on employee satisfaction, revenue growth and sustainability transparency.

Sempra Named One of the World's Best Companies by TIME Magazine

SoCalGas Declares Preferred Dividends

LOS ANGELES , Nov. 12, 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 as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on January 15, 2025, to shareholders of record on December 10, 2024. About SoCalGas SoCalGas is the largest gas distribution utility in the United States serving approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California.

SoCalGas Declares Preferred Dividends

SoCalGas Shares Five Simple Ways to Reduce Energy Use and Save

LOS ANGELES , Nov. 12, 2024 /PRNewswire/ -- As cooler weather approaches, Southern California Gas Company (SoCalGas) shares energy-saving tips and tools to help customers prepare their homes. "As we transition into the cooler months, SoCalGas is here to support our customers in managing their energy use and by participating in energy efficiency programs, while maintaining comfort throughout the season," said Don Widjaja, vice president, customer services field and solutions at SoCalGas.

SoCalGas Shares Five Simple Ways to Reduce Energy Use and Save

Sempra Declares Common Dividend

SAN DIEGO , Nov. 7, 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, which is payable Jan. 15, 2025, to common stock shareholders of record at the close of business on Dec. 5, 2024. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers.

Sempra Declares Common Dividend

Sempra (SRE) Q3 2024 Earnings Call Transcript

Sempra (NYSE:SRE ) Q3 2024 Earnings Conference Call November 6, 2024 12:00 PM ET Company Participants Glen Donovan - SVP, Finance Jeff Martin - Chairman & Chief Executive Officer Karen Sedgwick - Executive Vice President & Chief Financial Officer Justin Bird - Executive Vice President and Chief Executive Officer of Sempra Infrastructure Allen Nye - Chief Executive Officer of Oncor Conference Call Participants Nick Campanella - Barclays Shar Pourreza - Guggenheim Partners Julien Dumoulin-Smith - Jefferies Carly Davenport - Goldman Sachs Durgesh Chopra - Evercore ISI Steve Fleishman - Wolfe Operator Good day, and welcome to Sempra's Third Quarter Earnings Call. Today's conference is being recorded.

Sempra (SRE) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Sempra Q3 Earnings Miss Estimates, Revenues Decline Y/Y

SRE's total revenues of $2.78 billion decline 16.7% from the year-ago level. The top line also misses the Zacks Consensus Estimate by 27.5%.

Sempra Q3 Earnings Miss Estimates, Revenues Decline Y/Y

Zacks Investment Research

Sempra (SRE) Lags Q3 Earnings and Revenue Estimates

Sempra (SRE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.08 per share a year ago.

Sempra (SRE) Lags Q3 Earnings and Revenue Estimates

Oncor Reports Third Quarter 2024 Results

DALLAS , Nov. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended September 30, 2024 net income of $324 million compared to three months ended September 30, 2023 net income of $380 million. The $56 million decrease was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expense, partially offset by overall higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, increases in transmission billing units and customer growth, net of lower revenues due to lower customer consumption primarily attributable to milder weather when compared to the prior period and lower energy efficiency program performance bonus revenues due to the timing of Public Utility Commission of Texas ("PUCT") approval of an annual energy efficiency cost recovery factor application.

Oncor Reports Third Quarter 2024 Results

See News Rankings

Charts implemented using Lightweight Charts™