Latest Sempra Energy News and Updates
Strong Dollar Will Likely Drag AES Corporation’s 4Q15 Numbers
In 4Q15, AES Corporation is expected to report earnings of $0.33 per share in 4Q15—compared to earnings of $0.41 per share in 4Q14.
Will AES’s Unstable Earnings Even out Soon?
AES’s management forecasts an 18% fall in EPS (earnings per share) this year due to currency fluctuations and weaker power prices globally.
These Big Utilities Are Paying Higher Dividends Now
Sempra Energy paid annual dividends totaling $3.02 per share in 2016, while EIX and PCG paid per-share dividends of $1.98 and $1.93, respectively, in 2016.
An Overview of US LNG Production and Exports
Investors may be seeing a lot of reports about rising US LNG (liquefied natural gas) exports. Let’s review the basics of LNG.
Dominion Energy or Sempra Energy: Which Could Be Stronger?
Dominion Energy (D) announced its agreement to buy SCANA (SCG) on January 3, 2017. The deal is expected to accelerate Dominion Energy’s earnings growth.
Tracking Institutional Investment in Sempra Energy in 4Q17
Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) steep fall in 4Q17.
PG&E: Recent Developments and Chart Indicators
On December 13, PG&E (PCG) filed its 2020 general rate case with the California Public Utilities Commission.
Where Sempra Energy Stock Might Go from Here
Currently, Sempra Energy (SRE) stock is trading at $114.3, nearly 1% below its 50-day moving average and 3% above its 200-day moving average levels.
NRG, SRE, AWK, and EIX: Utility Stocks with Strong Upside Potential
Analysts have given NRG Energy a median target price of $44.5, which implies an ~14% upside potential compared to its current price of $39.0.
Analyzing PPL Corporation’s Return on Equity
PPL’s adjusted return on equity usually stays above its US regulated utility peers’ average. It earns higher ROE from its United Kingdom regulated segment.
PG&E Stock: Are Analysts Cautious?
Among the 16 analysts covering PG&E, eight recommended a “hold,” four recommended a “buy,” and four recommended a “strong buy.”
Analysts Expect a Handsome Upside for Sempra Energy in 2017
According to analysts’ estimates, Sempra Energy has a median price target of $114.57 compared with its current market price of $101.67.
Utility Stocks: Analyzing Returns and Implied Volatilities
PPL rose the least in the past year among the list of low implied volatility utility stocks. It announced its 4Q16 financial results on February 1.
PG&E Stock Rose ~20% Last Week
PG&E stock rose almost 20% last week after Governor Newsom suggested having a wildfire fund in order to finance wildfire-related liabilities.
Would Warren Buffett Consider an Ailing Elephant?
Rumors of Warren Buffett buying into Boeing (NYSE:BA) have filled the air this week. The legendary investor’s interest in airline stocks is well known.
More Volatility Ahead for PG&E Stock?
PG&E will exit Chapter 11 bankruptcy by the end of June. The stock might continue to be volatile in trading as this deadline nears amid uncertainties.
What’s in Store for PG&E and Its Investors in 2020?
This year is going to be crucial for PG&E (PCG) and its investors. The utility has a deadline of June 30, 2020, to exit Chapter 11 bankruptcy.
PG&E Endures Blackouts, Bankruptcy, and Volatile Stock
On Thursday, PG&E’s chairman, Bill Johnson, said that preventive power shutoffs could continue for at least five more years.
PG&E Troubles Keep Mounting after Key Settlement
Recently, uncertainty continued to pour in for PG&E (PCG). The bankruptcy court judge approved the company’s $13.5 billion settlement with wildfire victims.
PG&E Faces Moment of Truth, Newsom Rejects Plan
California Governor Gavin Newsom rejected PG&E’s (PCG) reorganization plan on December 13. The rejection is a huge setback for the company.
What’s Next for PG&E as Creditors Play the Newsom Card
Creditors have lobbied California governor Gavin Newson to reject PG&E’s recent $13.5 billion settlement with wildfire victims.
PG&E’s Settlement with Wildfire Victims Is a Big Win
Last week, PG&E reached a settlement to resolve individual claims associated with wildfires in the last few years. The agreement is valued at $13.5 billion.
Warren Buffett Has Loads of Cash and No Takers
Berkshire Hathaway’s huge cash pile might stay in place for a while. Warren Buffett was outbid by Apollo Global Management in his efforts to buy Tech Data.
PG&E Stock: Has Santa Claus Come Early This Year?
Recently, PG&E stock continued to rise. The stock has gained in seven of the last eight trading sessions. Collectively, the stock has risen more than 30%.
PG&E: Short Interest, Volatility, and Chart Indicators
Bankrupt utility PG&E Corporation (PCG) stock started December off on a positive note, gaining more than 5% on December 2.
PG&E Gets Hate, but California Blackouts Did Their Job
PG&E was strongly criticized for its preemptive blackouts this season, but according to the company, the blackouts prevented significant damage.
PG&E Gets No Respite from Inverse Condemnation
Yesterday, a judge denied PG&E’s plea to reduce its current wildfire liability by dodging inverse condemnation, according to the San Francisco Chronicle.
Utility Stocks: Analyzing the Top Gainers in 2019
Investors keep turning to defensives this year amid uncertainties in the broader markets. Some of the top utility stocks have outperformed their peers at large.
PG&E Continues to Burn amid Wildfires and Blackouts
While PG&E Corporation (PCG) continues to tackle deadly wildfires and preemptive blackouts, it’s also readying for a major winter storm this week.
Where PG&E Stock Might Go amid Mounting Woes
PG&E’s (PGE) troubles continue to mount every day. The bankrupt utility needs to raise a total of $12 billion by December 6 to fund its restructuring plan.
PG&E: Institutional Buying, Volatile Stock, and Blackouts
PG&E (PCG) shares rose 15% last week. While the utility’s troubles continue to mount, the stock’s large swings haven’t stopped.
PG&E Stock Continues to Soar, Bears Run for Cover
The wild swings continued in PG&E stock yesterday. The stock gained another 13%. The company has come up with a compensation plan for wildfire victims.
How PG&E Stock Could Trade as Troubles Multiply
PG&E reported a net loss of $1.6 billion during Q3, mainly driven by $2.5 billion pretax charges for claims related to the 2017 and 2018 wildfires.
Where PG&E Stock Might Go amid Interest from Mayors
PG&E gained for the sixth straight day amid increased uncertainty. The stock has gained more than 80% during this period and closed at $8 on Tuesday.
PG&E Stock Marches Higher amid Uncertainty
PG&E stock rose about 9% today at 10:00 AM ET. Shares of the bankrupt utility fell more than 65% following California’s recent wildfires and power shutoffs.
Could PG&E Be Warren Buffett’s Next Elephant?
Last week, in an interview, California Governor Gavin Newsom proposed that Warren Buffett bid for PG&E Corporation (PCG).
PG&E: As Wildfires Rage On, Investors Get Burned
PG&E has disclosed one of its transmission lines malfunctioned just before the Kincade Fire broke out, prompting its stock to fall more than 30% on Friday.
S&P 500 Utilities Stocks with Maximum Upside Potential
PG&E (PCG) stock offers a handsome upside potential of 71% going forward. Wall Street analysts have given it a median target price of $40.2.
What’s Next for PG&E Corporation Stock?
According to Reuters, PG&E (PCG) won a court approval on March 27 for a $5.5 billion loan to help keep up its electric and gas delivery operations.
Sempra Energy or Edison International: Which Could Emerge Strong?
Edison International stock has lost ~20% in the last three months since the deadly wildfires in November.
PG&E Stock: Is the Valuation Attractive?
PG&E is trading at a forward PE ratio of 12x—based on the estimated EPS in 2019. PG&E’s ratio is lower than its peers’ average forward PE ratio.
Will PG&E Continue to Trade Strong after the Cascade Fire?
On October 9, fire investigator Cal Fire said that PG&E’s (PCG) sagging power lines and heavy winds started the Cascade fire in October 2017.
SRE, EIX, and PCG: What’s in Store?
Utilities (XLU) have been weak and have fallen more than 12% since the last interest rate hike in December 2017.
How Sempra Energy Looks from a Valuation Perspective
Sempra Energy (SRE) is trading at an EV-to-EBITDA multiple of 13x—higher than its five-year historical average.
Sempra Energy’s Price Targets and Wall Street’s Views
Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) wildfire fiasco.
Dominion Energy or Sempra: Recent Smart Deals
Sempra Energy (SRE) has a mean target price of $121.9—compared to its current market price of $107.2. It shows an upside potential of 14% going forward.
Is the Worst Yet to Come for PG&E Investors?
On December 21, 2017, PCG announced that it had suspended its 4Q17 dividend due to uncertainty related to the liabilities associated with the California wildfires.
What Led to Sempra Energy’s Sharp Fall in Dividend Yield?
Sempra Energy’s revenue for the first half of 2017 rose 7.0%, driven by every segment.
A Look at Sempra Energy’s Dividend Statistics
In 2016, Sempra’s payout ratio was 55.0%, which means it distributed 55.0% of its profits to shareholders in the form of dividends.
What’s Next for Sempra Energy Stock?
Sempra Energy (SRE) is currently trading on par to its 50-day moving average while at a 4% discount to its 200-day moving average.
Must-Know: Key Upcoming LNG Export Terminals in the US
The LNG sector faces steep competition not only from other domestic terminals but also other countries in the international LNG market.
SRE, EIX, PCG: Analyzing Total Returns from California Utilities
At $22 billion, Sempra Energy (SRE) underperformed its California peer utilities in total returns in the last year.
In Focus: California Utilities’ Valuations after 2Q16 Reports
Sempra Energy (SRE) is trading at an EV-to-EBITDA multiple of 14.5x on August 4, 2016.
Sempra Energy’s Earnings Miss Causes Its Stock to Fall
California utility Sempra Energy (SRE) released its 2Q16 earnings on August 4, 2016. It reported earnings of $0.79 per share against its earnings of $1.03 per share in 2Q15.
Analyzing Dominion Resources’ Return on Equity in Q2
Dominion Resources’ (D) adjusted ROE (return on equity) fell to near-15% levels in 2Q16.
How Do AES’s Forward Yield and Dividend Growth Place It among Peers?
AES Corporation is currently trading at a forward dividend yield of 4%, and analysts expect the company’s dividends to grow by 10% in the next two years.
What Does PPL Corporation’s Short Interest Indicate?
During mid-May 2016, short interest in PPL decreased, likely reflecting a bullish sentiment of investors in the short term.
Inside PPL Corporation’s Pure-Play Regulated Status, with Global Presence
PPL Corporation (PPL) turned into a pure-play regulated utility in 2015 and draws more than 60% of its consolidated earnings from operations in the UK.
Why PG&E Reported Lower Earnings but Beat Estimates in 1Q16
PG&E Corporation’s (PCG) earnings in 1Q16 came in at $0.82 per share against its earnings of $0.87 per share in the same quarter last year.
EIX Reported Lower 1Q16 Revenue due to Delayed Rate Case Decision
Edison International (EIX), the smallest of the three Californian utilities by market capitalization, reported its 1Q16 results on May 2, 2016.
Why Did Sempra Energy Underperform Utilities?
In 1Q16, utilities have gained more than what they lost last year. Utilities have gained more than 12% while Sempra also rallied more than 10% in 2016.
Why Is Sempra Targeting Elaborate Earnings Growth?
Sempra provided flat to negative earnings guidance for 2016 based on its LNG terminal development and the weak outlook from its international segment.
All of SPY’s Sectors Ended in the Red as Oil Struggles Persisted
All the sectors of the SPY turned red on the day. Stocks belonging to the consumer discretionary sector, the technology sector, and the energy sector saw major drops.
What Does PG&E’s Segment-Wise Revenue Trend Reveal?
Pacific Gas and Electric Company is a primary operating subsidiary of PG&E Corporation. It generates revenues through the sale and delivery of electricity.
What Does the Clean Power Plan Mean for Utilities?
Utilities are somewhat divided when it comes to their reaction to the EPA’s CPP (Clean Power Plan). Utilities are vastly different in their energy mix.
Analyzing Cheniere Energy Partners’ Historical Performance
For 1Q15, analysts are expecting Cheniere Energy Partners’ revenue to come in at $67.1 million. The loss per share estimates have been pegged at -$0.113.
8point3 Energy: First Solar and SunPower Joint Yieldco
Southern California Edison (EIX), San Diego Gas and Electric (SRE), and PG&E (PCG) will be some of the key customers of 8point3 Energy.
TerraForm Power: Where the Wind Meets the Sun
TerraForm Power offers a good mix of residential solar, utility-scale solar, and wind energy assets.
Pattern Energy Group: A Wind Energy Yieldco
Pattern Energy Group declared its most recent dividend on March 2. The payout was up by 2% compared to the previous quarter.
US industrial production slows down in February
The Federal Reserve released industrial production data for February. Industrial production edged up by 0.1% in February against the expected 0.3%.