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Sempra - SRE STOCK NEWS

Welcome to our dedicated page for Sempra news (Ticker: SRE), a resource for investors and traders seeking the latest updates and insights on Sempra stock.

Sempra (NYSE: SRE), headquartered in San Diego, is a prominent Fortune 500 energy services holding company. It boasts a substantial revenue of over $11 billion in 2014 and a workforce of 17,000 employees serving more than 32 million consumers globally. Sempra operates through its diverse subsidiaries, including San Diego Gas & Electric Co. and Southern California Gas Co., providing natural gas and electricity to over 20 million people in California. It also holds a significant 80% stake in Oncor, servicing 10 million customers in Texas.

Sempra's infrastructure initiatives extend across North America, where it owns and operates liquefied natural gas (LNG) facilities and energy assets in Mexico. Recent financial performance highlights include 2023 GAAP earnings of $3.03 billion, a significant increase from $2.09 billion in 2022. This growth is attributed to robust business strategies and a five-year capital plan of approximately $48 billion, focusing heavily on California and Texas markets.

Three growth platforms stand out: Sempra California, focusing on energy reliability and sustainability with major projects like 200 megawatts of utility-owned battery storage; Sempra Texas, witnessing substantial investment in infrastructure to support economic growth; and Sempra Infrastructure, emphasizing LNG production with projects like Cameron LNG Phase 1 and Energía Costa Azul LNG Phase 1. Additionally, Sempra is exploring hydrogen and carbon capture technologies to meet global energy demands.

Notable achievements include recognition for sustainability and innovation, evidenced by awards like Fast Company's

News

Sempra Named to Dow Jones Sustainability Index North America for 13th Consecutive Year

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Sempra (NYSE: SRE) (BMV: SRE) has been named to the Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year, earning recognition as a high performer in risk management, stakeholder engagement, policy influence, and information security/cybersecurity. The company's sustainable business practices have been highlighted in its latest annual corporate sustainability report, showcasing 25 years of advancing sustainable business practices. Sempra's approach to responsible business practices has also earned recognition in the CPA-Zicklin Index, FTSE4Good Index, JUST 100, Fortune Magazine's World's Most Admired Companies, Newsweek's America's Most Responsible Companies, and Forbes' America's Best Employers for Diversity.
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SoCalGas and Bloom Energy Powering Caltech with Innovative Campus Hydrogen Project

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Southern California Gas Company (SoCalGas) and Bloom Energy (NYSE: BE) have announced the powering of a portion of Caltech's grid with an innovative hydrogen project. This demonstrates the potential to displace traditional natural gas with hydrogen, providing long-duration clean energy storage and dispatchable power generation. The project showcases how leveraging existing infrastructure with electrolyzers and fuel cell technology may create resilient microgrids, safeguarding businesses, communities, and campuses from power disruptions. If developed at scale, this technology may help further California Governor Gavin Newsom's strategic initiatives to develop a hydrogen economy.
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Sempra Named Among Newsweek's 'Most Responsible Companies'

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Sempra (SRE) has been recognized by Newsweek as one of 'America's Most Responsible Companies' for 2024, marking the fifth consecutive year of inclusion. The annual list ranks companies based on their commitment to corporate responsibility, focusing on environment, social, and corporate governance efforts. Sempra's performance in social criteria earned high marks, reflecting its responsible business practices. Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra, emphasized the company's mission to be North America's premier energy infrastructure company and deliver long-term value to shareholders and stakeholders.
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SDG&E HONORED WITH AWARDS FOR OUTSTANDING RELIABILITY IN THE WEST & GRID SUSTAINABILITY

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San Diego Gas & Electric Company (SDG&E) (NYSE: SRE) receives PA Consulting's ReliabilityOne® Award for Outstanding Reliability Performance in the West Region Metropolitan Service Area for the 18th consecutive year. The company also honored with the Outstanding Grid Sustainability award. SDG&E continues to innovate and develop new solutions to meet the demands of an increasingly complex energy business, emphasizing continued improvement, innovation, and customer service excellence.
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Innovative Technology That Uses Solar Energy to Convert 100% Renewable Biogas to Hydrogen and Graphitic Carbon on Display During the United Nations' COP 28 Meeting in Dubai

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Southern California Gas Company (SoCalGas) (Ticker: SCG) announced the display of an innovative technology developed by UCLA researchers at the 28th session of the Conference of Parties (COP 28) to the United Nations Framework Convention on Climate Change. The technology aims to produce hydrogen and high-quality cylindrical graphite using renewable solar energy and biogas, potentially applicable to fuel cells, microgrids, and utility-scale hydrogen production.
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SoCalGas Declares Preferred Dividends

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SoCalGas (SCG): The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company. The dividends for Preferred Stock and Preferred Stock, Series A are $0.375 per share. The dividends are payable on January 15, 2024, to shareholders of record on December 10, 2023.
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SoCalGas' [H2] Innovation Experience Named to Fast Company's Third Annual List of the Next Big Things in Tech

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SoCalGas (Southern California Gas Company) (Ticker: SCG) CEO Scott Drury appointed to Fast Company's CEO Council and [H2] Innovation Experience recognized for Next Big Things in Tech award, showcasing the potential of clean hydrogen technology in shaping the future of energy systems.
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Sempra Announces Updates to Management Team

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Sempra (SRE) Announces Updates to Officer Team with a Focus on Strengthening Management Capabilities and Financial Performance
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1,500 Thanksgiving Meals Distributed to Families in South Los Angeles Ahead of Holiday through Brotherhood Crusade and SoCalGas Partnership

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SoCalGas (Southern California Gas Co.) donates $50,000 to support Brotherhood Crusades' Grab and Go! Basket Distribution event, part of the company's $4 Million Fueling Our Communities Initiative to Address Food Insecurity. The initiative aims to provide free meals and groceries to low-income families and seniors in need of support, focusing on serving families and seniors in need and creating a healthier and more sustainable future for all.
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Sempra Recognized as Trendsetter for Political Disclosure and Accountability

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Sempra (NYSE: SRE) (BMV: SRE) Recognized as Trendsetter for Civic Transparency by CPA-Zicklin Index
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FAQ

What is the current stock price of Sempra (SRE)?

The current stock price of Sempra (SRE) is $87.96 as of December 24, 2024.

What is the market cap of Sempra (SRE)?

The market cap of Sempra (SRE) is approximately 55.7B.

What is Sempra?

Sempra is a Fortune 500 energy services holding company based in San Diego, serving over 32 million consumers worldwide.

What services does Sempra provide?

Sempra provides natural gas and electricity through its subsidiaries like San Diego Gas & Electric Co. and Southern California Gas Co.

How many employees does Sempra have?

Sempra employs approximately 17,000 people.

What are Sempra's growth platforms?

Sempra's growth platforms include Sempra California, Sempra Texas, and Sempra Infrastructure, focusing on energy reliability, infrastructure development, and LNG production respectively.

Where does Sempra operate LNG facilities?

Sempra operates LNG facilities in North America and infrastructure in Mexico.

What was Sempra's financial performance in 2023?

In 2023, Sempra reported GAAP earnings of $3.03 billion, a significant increase from $2.09 billion in 2022.

What is Sempra's five-year capital plan?

Sempra's five-year capital plan involves approximately $48 billion in investments, focusing on California and Texas markets.

What sustainability initiatives is Sempra involved in?

Sempra focuses on energy reliability and sustainability, including projects like utility-owned battery storage and exploring hydrogen and carbon capture technologies.

What are some of Sempra's recent achievements?

Sempra has been recognized for sustainability and innovation, receiving accolades like Fast Company's 'Next Big Things in Tech.'

How does Sempra support economic growth in Texas?

Sempra supports economic growth in Texas through substantial investment in infrastructure, including transmission and distribution projects by Oncor.

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Sempra

NYSE:SRE

SRE Rankings

#242 Ranked by Market Cap
#1142 Ranked by Dividends

SRE Stock Data

55.71B
632.96M
0.02%
92.12%
2.62%
Utilities - Diversified
Gas & Other Services Combined
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United States of America
SAN DIEGO