BMO Capital Maintains Outperform on Sempra, Lowers Price Target to $84
$SRE
Natural Gas Distribution
Utilities
BMO Capital analyst James Thalacker maintains Sempra (NYSE:SRE) with a Outperform and lowers the price target from $86 to $84.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/24/2024 | $98.00 | Buy | Jefferies |
| 9/12/2024 | $94.00 | Buy | BofA Securities |
| 1/11/2024 | $76.00 → $84.00 | Market Perform → Outperform | BMO Capital Markets |
| 1/3/2024 | $81.50 | Buy | Ladenburg Thalmann |
| 12/12/2023 | $78.00 → $86.00 | Neutral → Overweight | JP Morgan |
| 8/23/2023 | $156.00 | Overweight | Barclays |
| 6/8/2023 | $178.00 | Buy | Goldman |
| 7/14/2022 | Neutral → Buy | BofA Securities |
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SC 13G/A - SEMPRA (0001032208) (Subject)
SC 13G/A - SEMPRA (0001032208) (Subject)
8-K - SEMPRA (0001032208) (Filer)
FWP - SEMPRA (0001032208) (Subject)
424B5 - SEMPRA (0001032208) (Filer)
Jefferies initiated coverage of Sempra Energy with a rating of Buy and set a new price target of $98.00
BofA Securities resumed coverage of Sempra Energy with a rating of Buy and set a new price target of $94.00
BMO Capital Markets upgraded Sempra Energy from Market Perform to Outperform and set a new price target of $84.00 from $76.00 previously
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. ReliabilityOne® Awards are given annually by PA Consulting to utilities that have achieved outstanding reliability performance and have excelled in delivering reliable electric s
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., uses GKN Hydrogen's storage technology to store hydrogen in a solid state (metal hydrides) compared to traditional gaseous storage tanks. The demonstration aims to evaluate the technology's performance and integration with clean energy systems, such as microgrids or fuel cells. The project also aims t
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. "It is an exciting time for our company as we advance our mission to build the leading energy infrastructure company in North America," said Jeffrey W. Martin, chairman and CEO of Sempra. "Our efforts center on leadership and
In the preceding three months, 5 analysts have released ratings for Sempra (NYSE:SRE), presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 2 0 0 0 0 3M Ago 0 1 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $81.8, a high estimate of $86.00, and a low estimate of $76.00. Witnessing a positive shift, the current average has risen by 1.
BMO Capital analyst James Thalacker maintains Sempra (NYSE:SRE) with a Outperform and lowers the price target from $86 to $84.
4 - SEMPRA (0001032208) (Issuer)
4 - SEMPRA (0001032208) (Issuer)
4 - SEMPRA (0001032208) (Issuer)
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 SoCalGasSoCalGas 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' mission is to build the cleanest, safest, and most innovative energy infrastructure company
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 SempraSempra (NYSE:SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets.
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 mi
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. Kirk is currently the global controller and chief accounting officer of Medtronic plc (NYSE:MDT) and has deep executive experience in finance, accounting and capital market activities, including more than 20 years in the energy industry. "Bringing new perspectives into the boardroom is a critical component of our effort to support the company's mission to build North America's premier energy infras
CEO Scott Drury appointed to Fast Company's CEO Council, a professional organization of senior executives helping define the future of business LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced Tuesday that its [H2] Innovation Experience in Downey was named to Fast Company's third annual Next Big Things in Tech list, honoring technology breakthroughs designed to shape the future of industries — from healthcare and security to artificial intelligence and data. The [H2] Innovation Experience is the 2023 recipient of Fast Company's Next Big Things in Tech Award in the category of Current Events, which showcases "products and technologies that are t
To support Brotherhood Crusades' Grab and Go! Basket Distribution and families during the holiday season, SoCalGas donated $50,000, as part of the company's $4 Million Fueling Our Communities Initiative to Address Food Insecurity LOS ANGELES, Nov. 17, 2023 /PRNewswire/ -- Today, Brotherhood Crusade and Southern California Gas Co. (SoCalGas) distributed Thanksgiving meals, including 1,500 turkeys to families in South Los Angeles during a Grab and Go! Basket Distribution event. SoCalGas supported this annual program through a $50,000 donation as part of the company's Fueling Our Communities $4 million initiative to address food insecurity through new and existing partnerships with food banks a