Sempra Energy

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.

AES’s management forecasts an 18% fall in EPS (earnings per share) this year due to currency fluctuations and weaker power prices globally.

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.

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 (D) announced its agreement to buy SCANA (SCG) on January 3, 2017. The deal is expected to accelerate Dominion Energy’s earnings growth.

Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) steep fall in 4Q17.

On December 13, PG&E (PCG) filed its 2020 general rate case with the California Public Utilities Commission.

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.

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.

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.

Among the 16 analysts covering PG&E, eight recommended a “hold,” four recommended a “buy,” and four recommended a “strong buy.”

According to analysts’ estimates, Sempra Energy has a median price target of $114.57 compared with its current market price of $101.67.

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 almost 20% last week after Governor Newsom suggested having a wildfire fund in order to finance wildfire-related liabilities.

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.

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.

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.

On Thursday, PG&E’s chairman, Bill Johnson, said that preventive power shutoffs could continue for at least five more years.

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.

California Governor Gavin Newsom rejected PG&E’s (PCG) reorganization plan on December 13. The rejection is a huge setback for the company.

Creditors have lobbied California governor Gavin Newson to reject PG&E’s recent $13.5 billion settlement with wildfire victims.

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.

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.

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%.

Bankrupt utility PG&E Corporation (PCG) stock started December off on a positive note, gaining more than 5% on December 2.

PG&E was strongly criticized for its preemptive blackouts this season, but according to the company, the blackouts prevented significant damage.

Yesterday, a judge denied PG&E’s plea to reduce its current wildfire liability by dodging inverse condemnation, according to the San Francisco Chronicle.

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.

While PG&E Corporation (PCG) continues to tackle deadly wildfires and preemptive blackouts, it’s also readying for a major winter storm this week.

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 (PCG) shares rose 15% last week. While the utility’s troubles continue to mount, the stock’s large swings haven’t stopped.

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.

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.

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 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.

Last week, in an interview, California Governor Gavin Newsom proposed that Warren Buffett bid for PG&E Corporation (PCG).

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.

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.

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.

Edison International stock has lost ~20% in the last three months since the deadly wildfires in November.

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.

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.

Utilities (XLU) have been weak and have fallen more than 12% since the last interest rate hike in December 2017.

Sempra Energy (SRE) is trading at an EV-to-EBITDA multiple of 13x—higher than its five-year historical average.

Sempra Energy (SRE) became the largest utility by market capitalization in California after PG&E’s (PCG) wildfire fiasco.

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.

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.

Sempra Energy’s revenue for the first half of 2017 rose 7.0%, driven by every segment.

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.

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.

The LNG sector faces steep competition not only from other domestic terminals but also other countries in the international LNG market.

At $22 billion, Sempra Energy (SRE) underperformed its California peer utilities in total returns in the last year.

Sempra Energy (SRE) is trading at an EV-to-EBITDA multiple of 14.5x on August 4, 2016.

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.

Dominion Resources’ (D) adjusted ROE (return on equity) fell to near-15% levels in 2Q16.

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.

During mid-May 2016, short interest in PPL decreased, likely reflecting a bullish sentiment of investors in the short term.

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.

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.

Edison International (EIX), the smallest of the three Californian utilities by market capitalization, reported its 1Q16 results on May 2, 2016.

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.

Sempra provided flat to negative earnings guidance for 2016 based on its LNG terminal development and the weak outlook from its international segment.

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.

Pacific Gas and Electric Company is a primary operating subsidiary of PG&E Corporation. It generates revenues through the sale and delivery of electricity.

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.

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.

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 offers a good mix of residential solar, utility-scale solar, and wind energy assets.

Pattern Energy Group declared its most recent dividend on March 2. The payout was up by 2% compared to the previous quarter.

The Federal Reserve released industrial production data for February. Industrial production edged up by 0.1% in February against the expected 0.3%.